Kenanga maintains 'Outperform' on MMHE, TP at RM1.05


KUALA LUMPUR: Kenanga research has maintained its outperform recommendation on Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) following the announcement of two new heavy engineering contracts.

The research house kept its earnings forecast on the group for FY19 and FY20 as the contract wins were in line with its replenishment assumption of RM2.5bil for the year.

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