MSM on track for sweeter bottom line

MIDF Research is upbeat about the MSM’s turnaround.

PETALING JAYA: MIDF Research expects MSM Malaysia Holdings Bhd to register further valuation expansion and earnings growth potential moving forward.

The research house believes that the refined-sugar producer stands to benefit from the normalisation of ceiling prices, which is expected to come stages after the implementation of the government plan for targeted subsidies.