Kenanga initiates coverage on GHL Systems with 'outperform"

KUALA LUMPUR: Kenanga Research has initiated coverage on GHL Systems Bhd with an "outperform" recommendation as the latter expands its service to cater for underserved markets.

The research house has a target price of RM2.30 on GHL, which represents 24.3% upside over its last traded price of RM1.85 on Wednesday.

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