Maybank KE Research maintains Buy on Barakah


KUALA LUMPUR: Maybank KE Research has maintained its Buy call on Barakah Offshore with a higher target price of RM1.90 from RM1.85, it said on Thursday.

Barakah, together with its 50:50 consortium partner CPM Construction Sdn Bhd, has bagged secured a Letter of Award from Petronas Gas for the procurement, construction and commissioning of the Pengerang pipeline.

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