Affin Research maintains Buy on WCT, target price of RM2.90


KUALA LUMPUR: Affin Investment Research maintains its FY13-15 forecasts, price target of RM2.90 for WCT Bhd, which is based on calendar year 2013 price-to-earnings ratio of 13 times.

It said on Wednesday that WCT has secured a RM169.2mil contract from 1MDB Real Estate Sdn Bhd for Zone 3 of the foundation for Phase 1 of the Tun Razak Exchange (TRX).

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