Ibraco's 2H26 prospects improve as ART cert bottleneck clears
Ibraco Bhd's second-half 2026 prospects improved as ART certification delays were resolved, with TA Research maintaining a buy call and RM1.52 target price. The company reported lower first-half revenue due to construction delays, but expects to recognize about RM300 million from the ART project in the latter half of the year.