Affin Research maintains Trading Buy on Benalec


KUALA LUMPUR: Affin Research has maintained its Trading Buy on Benalec with a target price of RM1.98, hinging on its massive land reclamation concessions in Tanjung Piai and Pengerang.

In a note on Friday, the research house said the projects are expected to boost its order book by RM15bil and net profit by RM1.2bil over the next 10-15 years.

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