KUALA LUMPUR: Affin Research has maintained its Trading Buy on Benalec
with a target price of RM1.98, hinging on its massive land reclamation concessions in Tanjung Piai and Pengerang.
In a note on Friday, the research house said the projects are expected to boost its order book by RM15bil and net profit by RM1.2bil over the next 10-15 years.
Already a subscriber? Log in.
Celebrate Merdeka with 50% Off!
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
