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PETALING JAYA: Main Market-listed Pestech International Bhd got its break from merely being a turnkey contractor in the power sector to an independent power transmitter in the power generation business – thanks to a US$92.21mil (RM334mil) project in Cambodia.
KUALA LUMPUR: RHB Research is maintaining its Neutral call on Pestech International Berhad at a fair value of RM4.72 and at a target price-to-earnings ratio of 14 times which is below its highest price-to-earnings ratio of 19.75 times since listing.
SHAH ALAM: Pestech International Bhd aims to expand into three new markets within South-East Asia – the Philippines, Myanmar and Thailand – this year, to further build its track record in the region.