KUALA LUMPUR: AmInvestment Bank Research is not overly concerned by MMC Corp Bhd's announcement that it has incurred an additional tax assessment of RM39.3mil on Johor Port as it is expected to be a long-drawn legal process without any actual impact on bottomline.
The research house, which has a "buy" call and fair value of RM1.50 on MMC, maintained its forecasts on the stock.
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