Stock Name: MAYBANK
Company Name: MALAYAN BANKING BHD
Research House: AMMB
Malayan Banking Bhd, Malaysia's biggest lender by market value, was upgraded to "buy" from "hold" at AmResearch Sdn Bhd on expectations of lower bad loan provisions and impairment losses on investments.
Its fair value was raised to RM8.60 from RM7.20, AmResearch said in a report today. -- Bloomberg
Company Name: MALAYAN BANKING BHD
Research House: AMMB
Malayan Banking Bhd, Malaysia's biggest lender by market value, was upgraded to "buy" from "hold" at AmResearch Sdn Bhd on expectations of lower bad loan provisions and impairment losses on investments.
Its fair value was raised to RM8.60 from RM7.20, AmResearch said in a report today. -- Bloomberg
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