Kenanga Research said it maintains its forecasts on LPI Capital for now, with its assumptions yet to reflect any synergistic gains from Public Bank.
PETALING JAYA: Analysts are mostly positive about LPI Capital Bhd
’s prospects, following the recent acquisition of the insurer’s 44.15% stake by Public Bank Bhd.
LPI Capital posted a net profit of RM124mil for the third quarter of financial year 2024 (3Q24) on the back of RM499.8mil in revenue.
