AmInvest Research starts coverage of Lagenda Properties


Lagenda Properties' project in Teluk Intan.

KUALA LUMPUR: AmInvestment Research initiated coverage on Lagenda Properties with a buy call and fair value of RM1.95 a share, based on a 20% discount to its realised net asset value.

The research house said on Friday it had included a 3% premium to reflect its four-star ESG rating.

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