May 31, 2010

CARLSBG - Carlsberg Malaysia a 'buy': Maybank

Stock Name: CARLSBG
Company Name: CARLSBERG BREWERY MALAYSIA BHD
Research House: MAYBANK

Carlsberg Brewery Malaysia Bhd, the nation's biggest brewery, was raised to "buy" from "hold" at Maybank Investment Bank Bhd, after first quarter profit jumped 77 per cent from a year earlier.

The share price estimate was increased to RM5.50 from RM4.60, Maybank Investment said in a report today. -- Bloomberg

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