Waste-to-energy plant seen as key re-rating catalyst for Cypark


PETALING JAYA: Completion of its waste-to-energy (WTE) plant by end-2017 is the key potential re-rating catalyst for Cypark Resources Bhd, says CIMB Research, which expects a strong performance from the integrated environmental engineering and technology provider from the financial year (FY) ending Oct 31, 2017, onwards.

According to the brokerage, the market at present has undervalued Cypark’s WTE project.

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