KUALA LUMPUR: RHB Research has maintained its Buy call on Ahmad Zaki Resources
with a fair value of RM1.33, saying it likes the company for its concession assets and oil palm plantation in Indonesia.
In a note on Thursday, RHB said Ahmad Zaki is a good small-cap proxy to the local construction sector, with strong prospects underpinned by an extended upcycle driven by the RM73bil Klang Valley MRT project.
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