KUALA LUMPUR: Affin Research has maintained its Trading Buy rating on Benalec
with a target price of RM1.98 due to the group’s massive land reclamation concessions in Tanjung Piai and Pengerang.
The research house said on Friday that the projects are expected to boost Benalec’s orderbook by RM15bil and net profit by RM1.2bil over the next 10 to 15 years.
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