KUALA LUMPUR: Affin Research is maintaining its “Add” rating on IOI Corporation Bhd with an unchanged targed price of RM5.62.
“As all other salient terms of the Proposals announced on 14 May 2013 remain unchanged, the revision in the above terms does not change our valuation of RM5.62 for IOI Corp based on an implied valuation of RM4.42 for ListCo,” it said.
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