CIMB Research keeps Eco World as top pick


KUALA LUMPUR:  CIMB Equities Research has raised the target price for eco World Development from RM8 to RM8.15, which is a hefty 57.9% over the last traded price of RM5.16.

It said on Thursday Eco World has made the headlines in recent months due to the group's hugely successful launches and aggressive landbanking. This should not be a surprise given that the company has the best people from the property industry, as well as the biggest ambitions.

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