Investing Experience -
Risk Profile -
Followers
0
Following
0
Blog Posts
0
Threads
2
Blogs
Threads
Portfolio
Follower
Following
Summary
Total comments
2
Past 30 days
0
Past 7 days
0
Today
0
User Comments
Stock
2014-01-07 10:04 | Report Abuse
6 Jan 2014
KUALA LUMPUR: Affin Research has maintained its Trading Buy call on Benalec with a target price of RM1.98, it said on Monday.
Affin said Datuk Leaw Seng Hai’s raising his indirect interest in Benalec Holding and the two-year option granted by Datuk Leaw Ah Chye as well as Datuk Leaw Tua Choon ceasing to be a substantial shareholder will help to address concerns about a sibling tussle impacting the management and operations of Benalec Holdings.
“We see this as a positive development. Nevertheless, the key driver to Benalec Holdings’s profit and share price remains a positive outcome to the signing of a definitive Sale and Purchase Agreement with 1MY Strategic Oil Terminal for the reclamation of 1,000 acres of land in its 3,485-acre land reclamation concession off the coast of Tanjung Piai,” it said.
The research house said Benalec has also announced the offer of 600,000 options to Aznam bin Mansor, Koo Hoong Kwan and Wong Yoker Nyen under the share issuance scheme for independent directors
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2014-02-07 10:02 | Report Abuse
Rm3.00 already