KUALA LUMPUR: CIMB Equities Research has raised Wah Seong Corp’s target price from RM2.56 to RM2.70, which is an upside of 59.8% from the last traded price of RM1.69.
It said on Monday Wah Seong has won the long-awaited contract for the provision of pipe coating services for Petronas's North Malay Basin gas development project.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
