KUALA LUMPUR: Affin Hwang Capital research has kept its buy recommendation on Axis REIT on the back of moderate results in its most recent quarter.
It revised its 2020E and 2021E earnings forecasts by 1.1% higher and 4.1% lower respectively after incorporating the acquisitions of RM360mil of new assets, issuance of new shares in December, and deferment in the commencement of Axis Mega DC 2 to 2022.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!