KUALA LUMPUR : Maybank IB Research has maintained its ‘hold’ recommendation for Westports Holdings Bhd
shares with a revised fair value of RM4.30 on the back of lower tax rate assumptions over the next two years.
In a note today, the research house said that the port operator’s latest results for the fourth quarter ended Dec 31, 2015 (Q4FY15) was largely within expectations.
