Sunway an attractive proxy to Iskandar Malaysia


KUALA LUMPUR: Affin Investment Research has upgraded Sunway Bhd to a Buy with a higher target price as it is an attractive proxy to Iskandar Malaysia.

It said on Friday it upgraded Sunway to Buy from Add with a higher target price of RM3.28 from RM2.78 based on 30% discount to RNAV from the earlier 40%.

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