Bursa Malaysia Stock Watch

PLUS - PLUS raised to 'trading buy' at RM5.20

kltrader
Publish date: Tue, 21 Dec 2010, 10:04 AM
kltrader
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Following Message 
Stock Name: PLUS
Company Name: PLUS EXPRESSWAYS BHD
Research House: RHB


 
 PLUS Expressways Bhd, Malaysia's biggest toll road operator, was upgraded to "trading buy" from "underperform" at RHB Research Institute Sdn Bhd after receiving a RM26 billion takeover offer from Jelas Ulung Sdn Bhd, topping a rival bid. 
 
The fair value was raised to RM5.20 from RM4.60 to "match the latest offer," Lim Tee Yang, an analyst at RHB Research said in a report today. -- Bloomberg 
 
 
 
   
 
     
 
   
 
 
    
   
               
 
 
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