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KUALA LUMPUR: Malaysian Rating Corporation (MARC) sees strong projected cashflow coverage for solar power company Leader Energy Sdn Bhd and rated its green Sukuk Wakalah of up to RM260mil at AA-IS.
PETALING JAYA: With its secured contracts in hand as well as the potential property sales from its unsold gross development value (GDV) of about RM1bil, Gabungan AQRS Bhd is targeting to deliver net operating cashflow of RM600mil during 2020-2024.
KUALA LUMPUR: UOB Kay Hian Malaysia Research is retaining its Hold call on Maxis Bhd with a discounted cashflow-based target price of RM5.20.
PETALING JAYA: 1Malaysia Development Bhd (1MDB), which has drawn attention for its debts and yet-to-be-listed energy division, will not undertake any new investments or projects and raise new borrowings.
MACQUARIE Equities Research reiterates its “outperform” recommendation for Telekom Malaysia Bhd (TM) following the inking of a wholesale bandwidth collaborative deal with DiGi and Celcom to provide backhaul coverage via its TM Next-Gen Backhaul service.