KUALA LUMPUR: AmResearch is maintaining its “Buy” call on Sarawak Cable Bhd
with a fair value of RM2.50 in line with the construction of its 10MW mini-hydro plant in North Sumatra in two months.
It said cable group managing director Toh Chee Ching told The Star the project’s site survey has been completed and it is in the midst of engineering design, costing RM80mil and will take 18 months to complete.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
