PublicInvest Research downgrades DiGi after Khazanah disposal


  • Business
  • Wednesday, 09 Oct 2013

KUALA LUMPUR: PublicInvest Research has downgraded DiGi to Neutral from Outperform as it views the disposal of DiGi shares by Khazanah as a short-term negative for DiGi’s share price.

“According to Reuters, Khazanah Nasional is selling up to RM293.5mil's worth of shares in DiGi at a price range between RM4.80 and RM4.97 per share,” it said in a note on Wednesday.

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