KUALA LUMPUR: Affin Research is maintaining its “Buy” rating on TIME Dotcom Bhd
with an adjusted fair value of RM4.05 based positive outlook for its regional expansion in Thailand and Indo-China.
“A regional expansion via mergers and acquisitions will be positive in our view if it is strategic in tapping strong data demand from Thailand and possibly Indo-China to fill up capacity in the upcoming Asia Pacific Gateway cable,” it said.
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