Malaysia Sector Update: REITS RHB Malaysia Sector Update Property | REITS 10 July 2025 Pavilion REIT, Axis REIT, IGB REIT, Sentral REIT, Sunway REIT: A Resilient Asset Class; Keep OVERWEIGHT Overweight (Maintained) Stocks Covered 7 Rating (Buy/Neutral/Sell): 5/2/0 Last 12m Earnings Revision Trend: Positive Top Pick: Pavilion REIT (PREIT MK) – BUY Target Price: MYR1.77…
AEON Credit Service (ACSM MK) – Malaysia Company Update RHB 10 July 2025 AEON Credit Service (ACSM MK): Better Days Ahead; BUY Financial Services | Non-Bank Financials Buy (Maintained) Keep BUY, new MYR7.60 TP from MYR8.10, 37% upside with c.6% FY26F (Feb) yield. At AEON Credit Service’s 1QFY26 results briefing, management was optimistic over a…
Ta Ann (TAH MK) [Malaysia Company Update: Timber Yet To Make a Turnaround] Shariah Compliant Small Cap Asean Research Malaysia Company Update 9 July 2025 Ta Ann (TAH MK) Timber Yet To Make a Turnaround Agriculture | Plantation Neutral (Maintained) Target Price (Return): MYR3.60 (-5%) Price (Market Cap): MYR3.80 (USD396m) ESG score: 2.1 (out of…
Hong Leong Investment Bank [Utilities: Earnings to sustain in 2H25] 9 July 2025 Sector Outlook: 2H25 Daniel Wong kkwong@hlib.hongleong.com.my (603) 2083 1720 OVERWEIGHT (Maintain) Stock Rating Stock Rating Price Target YTLP BUY 4.16 5.02 Tenaga BUY 13.86 16.20 PGB HOLD 17.98 17.86 Utilities Earnings to sustain in 2H25 The utilities sector is expected to remain…
Johor Plantations Group Company Update Shariah Compliant Malaysia Company Update Johor Plantations Group (JPG MK) [Strong ESG Credentials And Fundamentals; Keep BUY] 9 July 2025 Johor Plantations Group (JPG MK) Strong ESG Credentials And Fundamentals; Keep BUY Maintain BUY, with new MYR1.45 TP from MYR1.55, 21% upside and c.4% FY26F yield. We expect 2026 to…
SD Guthrie (SDG MK) Malaysia Company Update: Value Unlocking Justifies Premium Valuation Shariah Compliant SD Guthrie (SDG MK) 9 July 2025 Value Unlocking Justifies Premium Valuation; Still BUY Agriculture | Agriculture Buy (Maintained) Target Price (Return): MYR5.45 (+13%) Price (Market Cap): MYR4.81 (USD7,879m) ESG score: 3.2 (out of 4) Avg Daily Turnover (MYR/USD) 12.2m/2.84m Analysts…
Kuala Lumpur Kepong [Fairly Valued Now; D/G To NEUTRAL] Shariah Compliant 9 July 2025 Kuala Lumpur Kepong (KLK MK) Fairly Valued Now; D/G To NEUTRAL Malaysia Company Update Agriculture | Plantation Neutral (from Buy) Target Price (Return): MYR20.65 (-1%) Price (Market Cap): MYR20.80 (USD5,492m) ESG score: 3.2 (out of 4) Avg Daily Turnover (MYR/USD) 7.68m/1.79m…
SkyWorld Dev. Group Bhd [A Step Closer to Penang Affordable Housing] Company Update Wednesday, July 9, 2025 Ng Hong Tong hongtong@mersec.com.my Main Market Property Sector BUY TP: RM0.64(→) Last Closing Price: RM0.44 A Step Closer to Penang Affordable Housing SkyWorld has acquired a 25.9-acre land in Bandar Cassia, Penang from PDC for RM48.5m. This deal…
“`html IOI Corp (ΙΟΙ ΜΚ) Report IOI Corp (ΙΟΙ ΜΚ) [Malaysia Company Update: Undervalued Big Cap, BUY Maintained] RHB 9 July 2025 Malaysia Company Update Agriculture | Plantation Shariah Compliant IOI Corp (ΙΟΙ ΜΚ) Undervalued Big Cap; Keep BUY Maintain BUY, with new MYR4.30 from MYR4.60 TP, 15% upside and c.3% FY26F (Jun). We expect…
TSH Resources Malaysia Company Update TSH Resources Malaysia Company Update RHB Small Cap Asean Research 9 July 2025 Agriculture | Plantation Shariah Compliant TSH Resources (TSH MK) Limited Growth Visibility Maintain NEUTRAL, with new MYR1.10 TP from MYR1.15, 1% downside. We expect 2026 to be a more balanced year fundamentally, with lower YoY CPO prices,…
