KUALA LUMPUR: Hong Leong Investment Bank Research (HLIB) has reiterated its “buy” call on Sunway Bhd as it has obtained a fast turnaround in approval process for its corporate exercise.
“We reiterate our ‘buy’ call as the above approvals will serve as strong share price support reinforced by long term re-rating value play given its diversified income streamand recent reclassification under trading/services sector,” HLIB said.
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