Kenanga Research said MBM Resources’ business strategy lies in its deep value stake in 22.58%-owned Perodua as well as dual-income streams as the largest Perodua dealer and as parts supplier for most of the popular marques.
PETALING JAYA: MBM Resources Bhd
’s strong balance sheet is expected to help steer the company through the economic uncertainties and challenges that lie ahead.
MIDF Research said the company’s balance sheet remains solid at a net cash of RM189mil.
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