KUALA LUMPUR: Affin Research has maintained its Buy on SapuraKencana (SKP) with a lower target price of RM5.45 from RM5.50 and continues to like SKP for its strong management, integrated business model, extensive oil & gas assets, growing international footprint and strong earnings growth potential.
In a note on Tuesday, Affin said it is positive on management’s new focus on integration, project execution and capital structure optimisation.
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