KUALA LUMPUR: Affin Research is maintaining its “Add” call on Berjaya Sports Toto Bhd
with an unchanged target price of RM4.95.
"We estimate a maximum scenario of 50 sen bumper cash dividends in return for a 20.5% dilution resulting from a stake sale with the listing of STM Trust based on a potential market capitalisation of S$2.4bil (RM6.0bil)," it said.
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