KUALA LUMPUR (AFX-ASIA) – OSK Research said it is maintaining its “buy” recommendation on Malakoff Bhd, with a 12-month target price of RM6.35, on the company’s solid earnings and compelling valuation. (US$1=RM3.8). In a note, OSK said Malakoff’s purchase of a 90% stake in the 2.10 megatwatt coal-fired Tanjung Bin power plant for RM835 million…
MALAYSIA: Malakoff a ‘buy’ on good earnings, valuations Ð OSK
Posted on September 24, 2003 by EnergyAsia