Affin Hwang Capital Research Highlights
HwangDBS Research Highlights - 10 Oct 2013
Zhulian Corp Bhd; Hold; RM3.95
Price Target: RM3.90; ZHCB MK
Expanding markets
Distributors’ network continues to grow with its leading markets – Malaysia & Thailand; Myanmar as next growth market. Increase FY13-15 EPS by 2-3%; yield remains decent at 4-5%.Maintain HOLD with RM3.90 TP.
Source: HwangDBS Research - 10 Oct 2013
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