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Apart from data centers, large-scale infrastructure projects such as the Bayan Lepas Light Rail Transit, and the West Port Expansion project will also boost demand for wires and cables
MIDF Research has initiated coverage on the stock with a “buy” rating and a target price of RM1.04 per share, based on a 12 times price-to-earnings valuation on FY26 earnings of 8.7 sen per share
