99 Speed Mart — 99SMART

STR and SARA funding increase from RM15 bil to RM16 bil.

Its neighbourhood grocery network sells everyday necessities and participates in MyKasih. More spending on eligible goods could support transactions and sales per store.

Eco-Shop Marketing — ECOSHOP

Expanded household assistance and SARA spending.

Its value-retail format serves price-conscious households, while selected outlets accept SARA.

MR DIY — MRDIY

Household assistance, proposed personal tax relief increases and wage measures.

Higher disposable income may support purchases of household goods and small necessities.

QL Resources — QL

Support for household purchasing power and essential-food consumption.

Family Mart could benefit from higher disposable income, especially among the M40 group.

Nestlé Malaysia — NESTLE

Higher household assistance and proposed personal tax relief.

Packaged-food and beverage purchases could benefit from stronger purchasing power.

Senheng New Retail — SENHENG

NUR MADANI rebates of up to RM200 for energy-efficient air conditioners and refrigerators.

Rebates could encourage customers to replace appliances or bring purchases forward, supporting eligible product sales.

Pekat Group — PEKAT

RM15 billion investment to strengthen the national grid; Green-technology tax incentives to end-2030.

Pekat has exposure to solar installation and power-distribution equipment through its switchgear business. It could benefit from both grid-related orders and customer solar projects, subject to contract wins and margins.

Solarvest — SLVEST; Samaiden — SAMAIDEN

Green-technology tax incentives to end-2030.

Better project economics could encourage commercial and industrial customers to install solar systems, creating engineering, construction and clean-energy opportunities.

PBA Holdings — PBA

RM2.5 billion programme to replace 1,900 km of ageing water pipes

Better supply security could support customer demand and operational reliability.

Cahya Mata Sarawak — CMSB

Continued Sarawak road and infrastructure spending.

Its Sarawak cement and construction-materials exposure creates a route to higher demand when projects proceed.

Gamuda — GAMUDA

Federal development spending; transport, water and flood-related infrastructure initiatives.

Its infrastructure capabilities position it to compete for relevant work.

IJM Corporation — IJM

Continued road, building and infrastructure development.

Its construction and infrastructure businesses could secure work from the public investment pipeline.

Telekom Malaysia — TM

Continued RM5 billion JENDELA implementation, including underserved areas and the SALAM submarine-cable initiative.

Its fibre and connectivity businesses are relevant to broader coverage and network services.

KPJ Healthcare — KPJ; IHH Healthcare — IHH; Sunway Medical — SUNMED

RM200 million referral funding, wider public-private facility use and MediAsas.

Participating hospitals could receive additional patients or facility-use revenue.

AEON Credit — AEONCR; RCE Capital — RCECAP

Household income measures and the higher bankruptcy threshold.

Stronger borrower incomes and higher bankruptcy threshold can open up more DSR for more loan disbursement.

Oriental Kopi — KOPI; Spritzer — SPRITZER; Life Water — LWATER

Visit Malaysia’s extension and tourism and cultural funding.

Bottled waters will benefit from increasing tourist into Malaysia.

Sunway REIT — SUNREIT; Pavilion REIT — PAVREIT

Visit Malaysia’s extension and tourism and cultural funding.

Hotel and mall assets could benefit from visitor spending and activity.