PUBLIC INVESTMENT BANK

MATRIX CONCEPTS HOLDINGS No surprises PUBLIC INVESTMENT BANK PublicInvest Research Results Review KDN PP17686/03/2013(032117) Friday, August 22, 2025 MATRIX CONCEPTS HOLDINGS No surprises MATRIX CONCEPTS HOLDINGS Neutral DESCRIPTION Matrix Concepts Holdings is a township developer with flagship development based in Seremban, Negeri Sembilan. 12-Month Target Price RM1.40 Current Price RM1.30 Expected Return +8% Previous Target…

Binastra | Secures New Contract, Reiterate BUY

Binastra Secures New Contract, Reiterate BUY P PhillipCapital Binastra | Secures New Contract, Reiterate BUY MALAYSIA | CONSTRUCTION | UPDATE BNASTRA clinched a RM132m earthworks contract from EXSIM for The Causewayz Square @ Johor Bahru This brings year-to-date contract wins to RM1.5bn, accounting for 43% of our full-year FY26E replenishment assumption Maintain BUY rating and…

Maxis (MAXIS MK)

Maxis: 2Q25 Report and Financial Analysis P PhillipCapital Maxis (MAXIS MK) 2Q25: Flattish mobile subscriber growth MALAYSIA | TELECOMS | RESULT 22 August 2025 HOLD (maintain) LAST CLOSE PRICE RM3.44 TARGET PRICE RM3.64 TOTAL RETURN 5.8% (PREVIOUS TP: RM4.02) 6M25 core earnings of RM764m (+6.6% YoY) were within expectations Postpaid subs expanded 1.5% QoQ, offset…

Coraza Integrated Technology(CORAZA MK)

Coraza Integrated Technology – Sustained Recovery Seen; Keep BUY RHB Small Cap Asean Research Shariah Compliant Malaysia Results Review 22 August 2025 Coraza Integrated Technology(CORAZA MK) Sustained Recovery Seen; Keep BUY Industrials Products & Services | Metal Sheet Fabrication Buy (Maintained) Target Price (Return): MYR0.67 (23.3%) Price (Market Cap): MYR0.55 (USD63.7m) ESG score: 2.8 (out…

SUNWAY CONSTRUCTION GROUP BHD Strong Earnings Momentum, Data Centre Proxy.

SUNWAY CONSTRUCTION GROUP BHD Strong Earnings Momentum, Data Centre Proxy CONSTRUCTION 22 Aug 2025 ดว AmInvestment Bank SUNWAY CONSTRUCTION (SCGB MK EQUITY, SCOG.KL) SUNWAY CONSTRUCTION GROUP BHD Strong Earnings Momentum, Data Centre Proxy. BUY (Maintained) Liew Jin Sheng liew.jin-sheng@ambankgroup.com +603 2036 1687 Price Price RM5.82 Fair Value RM6.70 52-week High/Low RM6.27/RM3.26 Key Changes Fair value…

TA SECURITIES

Coraza Integrated Technology Berhad Results Update TA SECURITIES A MEMBER OF THE TA GROUP RESULTS UPDATE Friday, August 22, 2025 FBMKLCI: 1,592.87 Sector: Industrial Products & Services THIS REPORT IS STRICTLY FOR INTERNAL CIRCULATION ONLY* Coraza Integrated Technology Berhad A Strong Quarter TP: RM0.66 (+20.0%) Last Traded: RM0.55 BUY (ESG: ★★★) Chan Mun Chun Tel:…

2QFY25 Results ReviewOverhang Priced In?

Syarikat Takaful Malaysia: 2QFY25 Results Review – Overhang Priced In? MBSB RESEARCH Syarikat Takaful Malaysia (6139 | STMB MK) Financial Services | Finance ESG ⭐⭐⭐ FTSE4Good Friday 22nd. August 2025 Maintain BUY Revised Target Price RM4.11(from RM4.59) 2QFY25 Results ReviewOverhang Priced In? RETURN STATISTICS Price @ 21 August 2025 (RM) 3.17 Expected share price return…

MAXIS Maintains Top Pick Status

MAXIS Maintains Top Pick Status TELECOMMUNICATION MAXIS (MAXIS MK EQUITY, MSXC.KL) 22 Aug 2025 BUY (Maintained) MAXIS Maintains Top Pick Status Company Report Paul Yap Ee Xing, CFA paul-ee-xing@ambankgroup.com +603 2036 2281 Rationale for report: Company Result Investment Highlights Maxis remains our top pick for Malaysia Telcos with a TP of RM4.20 and +28% upside….