KLCI Index (12-month)
Research Team research@affinhwang.com
Chue Kwok Yan Head of Research | RESEARCH +603 2146 7618 kwokyan.chue@affinhwang.com
Alan Tan Chief Economist | RESEARCH +603 2146 7540 alan.tan@affinhwang.com
| Top Calls | | Company Update � Serba Dinamik (BUY, maintain)
- Setting footprint�
Serba Dinamik announced that it will be developing a Pengerang Integrated Development Complex which will be located close to Petronas� Pengerang Integrated Petroleum Complex. We are positive with this news as the proposed development once completed will serve as a one-stop hub as management envisions the uprising demand for plant maintenance services for Petronas� US$27bn petrochemical complex and refinery. We continue to like Serba for its strong earnings prospect. Maintain BUY with a higher 12-month TP at RM2.75. |
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