HLIB Research viewed the potential monetisation of Axiata’s stake in edotco as a key near-term catalyst for share price rerating.
PETALING JAYA: Axiata Group Bhd
’s earnings are likely to remain lacklustre in the near term and the market is likely to respond positively to the group’s efforts to unlock value, according to Hong Leong Investment Bank (HLIB) Research.
It viewed the potential monetisation of Axiata’s stake in edotco as a key near-term catalyst for share price rerating.
