Better earnings clarity for Ann Joo with import safeguard duties, says Maybank IB


Outlook for steel products has improved

KUALA LUMPUR : Maybank IB Research has reiterated its 'buy' call on Ann Joo Resources Bhd following the determination of safeguard duties for the import of bars and rods at 11% to 14% on a declining rate over the next three years.

 

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