Kimlun valuations remain attractive, says RHB

KUALA LUMPUR: RHB Research believes Kimlun Corp Bhd's valuation remains attractive as it expects near-term replenishment opportunities coming from infrastructure projects.

The research house said it has adopted a more sanguine outlook in light of the recent signing of the Johor Bahru-Singapore Rapid Transit System project, North-South Corridor and Jurong Region Line.