ASM’s fair value seen at 21 sen a share


PETALING JAYA: ASM Automation Group Bhd, which is en route to listing on the ACE Market of Bursa Malaysia, expects a three-year earnings compounded annual growth rate (CAGR) of 1.5%.

Core profit after tax is expected to reach RM7mil, RM7.3mil, RM7.4mil over the next three years, said Malacca Securities Research.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Charting next growth phase with ROAR30
Corporate bond market set to hit RM130bil-RM140bil
Benign inflation supports Malaysia growth outlook
Swift Energy unit bags contracts worth RM18mil
MyTech takeover bid turns unconditional�
Ancom Nylex reports better 2Q net profit
Positive response to IPO of One Gasmaster
ISF Group IPO oversubscribed by over 31 times
ICT Zone wins RM17.3mil tech contract
PJBumi buys drilling rigs for RM162mil

Others Also Read