Maybank IB downgrades MMHE to 'Sell' on potential upcoming impairment exercise


MMHE's Dry Dock at its yard in Pasir Gudang Johor

KUALA LUMPUR : Maybank IB Research has downgraded its rating for Malaysia Marine & Heavy Engineering to 'sell' as it expects the firm to carry out a significant impairment exercise in its upcoming fourth quarter (4Q) results.

 

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