RHB keeps OCK as top sector pick


KUALA LUMPUR: RHB Research expects OCK Group Bhd's FY21 earnings growth of 16% to be underpinned by stronger mobile site deployments under the National Digital Infrastructure Plan and steady expansion of its regional towerco business.

"We expect core earnings to grow 15.9% in FY21F, driven by the recurring regional towerco business with higher site additions and co-locations, and stronger local site deployment following some delays experienced in FY20.

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RHB Research , OCK , telco

   

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