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VITROX CORPORATION

Vitrox Corporation: What’s being assumed? AmInvestment Bank VITROX CORPORATION (VITRO MK EQUITY, VTRX.KL) 28 Jul 2025 What’s being assumed? Rationale for report: Company Result SELL (Downgraded) Paul Yap Ee Xing, CFA paul.ee-xing@ambankgroup.com +603 2036 2281 Price RM3.97 Fair Value RM2.75 52-week High/Low RM4.30/RM2.28 Key Changes Fair value ⬆ EPS ⬆ YE to Dec FY24 FY25F…

AMMB HOLDINGS BERHAD

AMMB HOLDINGS BERHAD: Staying On Track with WT29 – PublicInvest Research PUBLIC INVESTMENT BANK PublicInvest Research Company UpdateKDN PP17686/03/2013(032117) Monday, July 28, 2025 Neutral AMMB HOLDINGS BERHAD Staying On Track with WT29 DESCRIPTION Malaysia’s sixth largest banking Group by asset size 12-Month Target Price (TP) RM5.50 Current Price RM5.14 Expected Return +7% Previous Target Price…

PGF Capital Bhd: Wool at Core, Bricks Beyond

PGF Capital Bhd: Wool at Core, Bricks Beyond PGF Capital Bhd: Wool at Core, Bricks Beyond Analyst Ng Hong Tonghongtong@mersec.com.my Recommendation BUY (Initiate Coverage)Report Date: Monday, July 28, 2025 Price Target Target Price: RM2.43Current Price: RM1.74 Business Overview PGF Capital Berhad (PGF) is a company involved in design, manufacturing and distribution of glass mineral wool…

HE Group (HEGROUP MK): Value Emerging in Malaysian Industrial Sector

HE Group (HEGROUP MK): Value Emerging in Malaysian Industrial Sector P PhillipCapital 28 July 2025 HE Group (HEGROUP MK): Value Emerging in Malaysian Industrial Sector Highlights HEG’s orderbook visibility has improved, supported by clearer expansion plans from clients Valuation is undemanding, with the stock trading at 10x 2026E PER, at a discount to sector average…