Bursa Malaysia Stock Watch

UEM Land an 'emerging blue chip' proxy

kltrader
Publish date: Thu, 06 Jan 2011, 02:38 PM
kltrader
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UEM Land Holdings Bhd, a Malaysian property developer which made a takeover offer for rival Sunrise Bhd, is an 'emerging blue chip' proxy for improving Singapore-Malaysia ties, Credit Suisse Group AG said in a report today.

Investors are expected to make UEM Land a 'core holding,' Stephen Hagger, an analyst at Credit Suisse, said in a report today. -- Bloomberg
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