KUALA LUMPUR: AmInvestment has maintained a “buy” call on Ikhmas Jaya Group Bhd with an unchanged fair value of 85 sen per share, pegged to 12 times FY16F earnings per share.
AmInvestment said although Ikhmas Jaya did not disclose the scope of works for the project, the research house believed it to comprise both superstructure and substructure works.
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