Kawan Renergy poised to do well in renewables

PETALING JAYA: Apex Securities Bhd has recommended a “subscribe” call on Kawan Renergy Bhd (KRB) with a target price of RM0.46, ahead of the group’s listing on the ACE Market of Bursa Malaysia on May 29.

In a report, the research house said the engineering-solutions provider has become well-known for its versatility in catering to diverse industries, both locally and internationally.