September 24, 2010

MMCCORP - MMC Corp rating cut to 'neutral'

Stock Name: MMCCORP
Company Name: MMC CORPORATION BHD
Research House: OSK



MMC Corp, a Malaysian builder and power producer, had its stock rating cut to "neutral" from "trading buy" to reflect the stock's limited upside following its recent rally.

The share price estimate was increased to RM3.07 from RM2.59, OSK analyst Chris Eng said in a report today. -- Bloomberg



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