MARKET UPDATES :
- Bina Puri Holdings Bhd, confident of its future growth, says it is bullish to end the current financial on a firm note despite sentiment being impacted by the delay in handing over the Kuala Lumpur International Airport 2 (klia2) project. Group Executive Director, Matthew Tee, said the delay did not give anynegative implication on the company, even considering it as “unsolicited publicity” to raise Bina Puri’s name.
- CIMB Research maintains its ‘add’ rating on Perisai Petroleum Bhd with full deployment of assets being the potential re-rating catalyst.”We spoke to management and learned that Rubicone and E3 are likely to remain unemployed until year-end.
- Credit Guarantee Corporation Malaysia Bhd (CGC) has appointed Teoh Kok Lin and Suresh Menon as its non- executive directors recently.In a statement yesterday, CGC said Teoh Kok Lin was the Founder and Chief Investment Officer of Singular Asset Management Bhd,
STOCK RECOMMENDATION :
- BUY PPB GROUP ABOVE 15.000 TG 15.100, 15.220, 15.350 SL 14.870