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Business

AmResearch retains Buy on MRCB at RM2.30

KUALA LUMPUR: AmResearch reiterated its Buy call on Malaysian Resources Corp Bhd (MRCB) with an unchanged fair value of RM2.30 a share.

It said on Thursday that at RM2.30, this pegs the stock at a 20% discount to its estimated net asset value (NAV).

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