KUALA LUMPUR: Kenanga Investment Bank Research has raised the target price of United U-Li Corporation Bhd
from 85 sen to RM1.45 while maintaining its Outperform outlook.
The research house said on Tuesday after a meeting with its management recently, it believes Uli Corp is expected to do well as the fierce competition since FY17 has abated while mega construction projects are gradually picking up pace.
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