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Full momentum, APEX gives a BUY recommendation on Central Global Berhad and a TP 1.00 by ascribing a P/E multiple of 18.0x to the manufacturing and trading segment EPS of 0.7 sen, while the construction segment is pegged
to P/E multiple of 28.0x (c.20% discount to Bursa Malaysia construction sector P/E of 36.1x).
AmanahRaya Reit completes Glenmarie education asset acquisition. The asset is expected to positively contribute to AmanahRaya REIT's earnings for the financial year ending Dec 31, 2025.
