Wah Seong pipes coating
PETALING JAYA: Wah Seong Corp Bhd (WSC) is an attractive oil and gas (O&G) play, due to its strong earnings growth prospects and undemanding valuations, according to Maybank Investment Bank (IB) Research.
The research house noted that there is also scope for a special dividend payment – should the group monetise its non-core assets – and a normalised yet minimal dividend as earnings and fundamentals improve.
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