AmResearch maintains Buy on MRCB


KUALA LUMPUR: AmResearch has maintained its Buy call on MRCB with an unchanged fair value of RM2.20 a share as the group has received a letter of award from Kwasa Land to develop project MX-1.

"MRCB beat five other submissions to win the mandate to develop MX-1. The evaluation process included financial, technical and commercial considerations. 

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