Kenanga Research keeps Outperform on IJM Corp


KUALA LUMPUR: Kenanga Research is maintaining its Outperform outlook on IJM Corp as its prospects remain bright in the short to long term, driven by the RM6.0bil West Coast Expressway (WCE) and Kuantan Port expansion.

It said on Thursday that another factor was the higher fresh fruit bunches (FFB) growth coupled with higher crude palm oil (CPO) price recently for its plantation division.

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