NST Online Business Times : latest
NST Online Business Times : latest |
| Telekom Malaysia upgraded at CIMB Posted: 23 May 2011 06:15 PM PDT Telekom Malaysia Bhd was raised to "outperform" from "neutral" at CIMB Investment Bank Bhd, which cited strong demand for the company's high-speed broadband business. The share price estimate was increased to RM5.10 from RM4.04, Kelvin Goh, a Kuala Lumpur-based analyst at CIMB, wrote in a report today. -- Bloomberg |
| Puncak Niaga raised to 'trading buy' Posted: 23 May 2011 06:16 PM PDT Puncak Niaga Holdings Bhd was raised to "trading buy" from "neutral" at CIMB Investment Bank Bhd after the Malaysian company announced plans to venture into the oil and gas industry and it won a water supply contract in Sarawak state. The share estimate was increased to RM3.03 from RM2.72, Sharizan Rosely, an analyst at Kuala Lumpur-based CIMB, wrote in a report today. -- Bloomberg
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