Stock Name: PUNCAK
Company Name: PUNCAK NIAGA HOLDINGS BHD
Research House: RHB
Puncak Niaga Holdings Bhd, a Malaysian water treatment operator, was upgraded at RHB Research Institute Sdn Bhd after the Edge Financial Daily newspaper reported that a deadlock in the proposed restructuring of Selangor state's water assets may be broken.
The company was raised to "market perform" from "underperform" and its fair value increased to 2.92 ringgit from 2.55 ringgit, RHB said in a report today. -- Bloomberg
Company Name: PUNCAK NIAGA HOLDINGS BHD
Research House: RHB
Puncak Niaga Holdings Bhd, a Malaysian water treatment operator, was upgraded at RHB Research Institute Sdn Bhd after the Edge Financial Daily newspaper reported that a deadlock in the proposed restructuring of Selangor state's water assets may be broken.
The company was raised to "market perform" from "underperform" and its fair value increased to 2.92 ringgit from 2.55 ringgit, RHB said in a report today. -- Bloomberg
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