KUALA LUMPUR: Affin Hwang Capital Research is keeping its Buy call on YTL Power with an unchanged target price of 95 sen, which is an upside of 13% from last Friday’s closing price of 85 sen.
In its research note issued on Monday, it said news reports stated YTL Power’s subsidiary, Power Seraya, is weighing an option to either build or acquire new capacity from other operators, as some of its uncompetitive capacity is near the end of its useful life.
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