PPB Group a 'buy', says Kim Eng
Published: 2010/01/19
PPB Group Bhd, a Malaysian plantation and property group, was raised to “buy” from “hold” at Kim Eng Research Sdn Bhd, which said the stock is an “attractive proxy” for its palm oil trading affiliate, Wilmar International Ltd.
The share price estimate for PPB was raised to RM19.20 from RM14.68, Kim Eng said in a report today. -- Bloomberg
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