The Malaysian Economic Transformation Programme (ETP) has been touted as the turnaround of Malaysia economy. The more seasoned folks might reckon this as yet another futile attempt to revive the Malaysian economy but under the more liberal and market-embracing PM Najib, it seemed that it is still too early to write them off. One of the key aspects of Malaysia ETP is the goal of improving its infrastructure system – the high-speed railway system and of course the MRT system in its capital Kuala Lumpur – and that means there will be a hell lot of construction going on.

With that, I come across Tasek Corporation, a pure-play mid-size cement producer listed on Bursa Malaysia. Mentioning in its annual report that it is a company that provides cement mainly for infrastructure construction, it’s child play to figure out that they are bound to benefit from the upcoming ETP. My …