Kenanga maintains 'market perform' on Aeon Credit Service


KUALA LUMPUR: Kenanga Research has slashed its earnings estimate on Aeon Credit Service (M) Bhd as the latter remains cautious over its prospects with the view that the pandemic will still be prevalent in the medium-term.

"While we take into account the positive vaccines development, we concur with the view that challenges in vaccines distribution which might necessitate further CMCOs ahead," said the research house.

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