KUALA LUMPUR: AmInvestment Research sees the selldown of MMC Corporation (MMC) on market expectations its port throughput would be hit by the Covid-19 pandemic as “overdone”.
It said Wednesday the outlook for the port sector in the region, including Malaysia was resilient, underpinned by global trade and investments in the manufacturing sector that generate tremendous inbound (feedstock) and outbound (finished product) throughput for ports.
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