KUALA LUMPUR: The Malaysian Communication and Multimedia Commission's (MCMC) two-year moratorium on the issuance of new courier service licences is mildly positive for existing courier service players, including Pos Malaysia, says AmInvestment Bank research.
The research house has a "hold" recommendation on Pos Malaysia and a fair value of 90 sen per share based on its historical price-to-book of 0.51x
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