KUALA LUMPUR: Affin Research has maintained its Buy on Inari Amertron
with a target price of RM4.26 based on an unchanged PE target of 18x CY15 EPS.
In a note on Monday, it said Inari Amertron had proposed to undertake a renounceable rights issue of up to 88.8m new ordinary shares together with up to 88.8m free detachable warrants on the basis of one rights share for every eight shares and one free warrant for every one rights share subscribed.
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