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CGB has grown into an integrated construction and manufacturing company with a growing presence in the region. The recovery that started in FY25 is built on a solid foundation. So it’s only a matter of time before the share price reaches the RM1.10 target
Berjaya Research has started coverage on Central Global Berhad (CGB) with a BUY call and a target price of RM1.10. This suggests a potential total return of about 26.8%, as the company is showing growth from two key areas, e.g. steady progress in its construction projects and signs of recovery in its manufacturing business