PETALING JAYA: TA Securities considers property developer Eco World International Bhd’s (EWI) share price as “fair value” at RM1.34 apiece on the company’s favourable prospects driven by a strong management team and established branding.
EWI has launched its prospectus en route to a listing early next month. The retail offering has been priced at RM1.20 per share with the institutional price to be determined via a book-building exercise.
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