PublicInvest Research has fair value of 35c for Aneka Jaringan


PublicInvest Research said the key drivers for Aneka Jaringan may include: i) continuation of large-scale infrastructure projects in Malaysia, and ii) relocation of capital city as well as infrastructure spending in Indonesia.

KUALA LUMPUR: PublicInvest Research has derived a fair value (FV) of 35 sen for Aneka Jaringan Holdings Bhd, which is slightly higher than the offer price of 33 sen.

The research house said on Friday the company specialises in foundation construction namely bored piling, which is used to support buildings as well as elevated highways and rail infrastructure.

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