AmInvestment Bank’s top picks are Bermaz Auto Bhd and UMW Holdings Bhd. It also has a “buy” call on MBM Resources Bhd.
PETALING JAYA: The local automotive sector’s total industry volume (TIV) is projected to record between 555,000 and 600,000 units this year, say analysts.
This reflects potential improvement in sales growth by 9% to 17.9% year-on-year (y-o-y).
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