RHB Research revises Pestech’s TP upwards after Laos contract


KUALA LUMPUR: RHB Research is maintaining its Buy call on Pestech International with a slightly higher fair valuation of RM2.82, from RM2.80, following the company’s success in securing a US$29.3mil contract to build a double transmission line in Laos.

The stock closed trading at RM2.36 yesterday.

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Laos , Pestech , new contract , RHB Research , investing , rating

   

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