KUALA LUMPUR: The prospects of Heveaboard Bhd
looks positive given the increase in demand from the Japanese market for its particleboard, the potential capacity increase in ready-to-assemble (RTA) segment from foreign labour intake as well as encouraging RTA sales growth to e-commerce sellers.
Hong Leong Investment Bank Research (HLIB Research) in its latest report has upgraded HeveaBoard to a “buy” call with a higher target price of RM0.63 from RM0.43 previously.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
