OSK Research ups Proton to Buy, target price RM3.64


  • Business
  • Thursday, 28 Aug 2008

KUALA LUMPUR: OSK Investment Research is revising upwards its earnings for Proton Holding Bhd substantially to RM179mil and RM184mil for the financial years ending March 30, 2009 (FY09) and FY10 respectively.

“The potential re-rating catalysts are its long term plan for a strategic partnership to tap the export market as well as set up manufacturing plants,” it said in a research note issued on Thursday.

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