Myanmar coup worries for OCK Group

RHB Research is keeping a “buy” call on OCK Group with a lower target price of 59 sen from 63 sen a year ago.

KUALA LUMPUR: Following the military coup in Myanmar, OCK Group Bhd could see earnings growth headwinds as network shutdowns could present some execution risks to the group’s towerco business in Myanmar, says RHB Research.

The military coup led to mobile operators shutting down Internet access, including access to social media platforms.