KUALA LUMPUR: AmInvestment research has cut its financial year 2018-2020 (FY18-FY20) forecasts on N2N Connect Bhd
by 10% to 32% due to lower market velocity and higher tax rate assumptions.
It has maintained its “buy” recommendation on the counter but reduced its fair value to RM1.35 a share from RM1.50 previously.
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