KUALA LUMPUR: Frontken Corp Bhd
's purchase of its new Taiwanese facility could potentially double its output in the country in the long-term, leading to bright earnings growth prospects for the group.
Maybank Investment Bank Research, which has a "buy" call on Frontken with a target price of RM3.90, said it is upbeat on the group's outlook given its resilient job order flows and expansion in Taiwan.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
