September 3, 2010

SPSETIA - SP Setia, IGB upgraded at OSK

Stock Name: SPSETIA
Company Name: SP SETIA BHD
Research House: OSK



SP Setia Bhd., Malaysia's biggest property developer, and IGB Corp had their stock ratings upgraded at OSK Research Sdn Bhd to reflect their growth prospects.

SP Setia was raised to "buy" from "take profit" while its share price estimate was increased to RM6.31 from RM3.59, OSK said in a report today. IGB was raised to "buy" from "neutral" and its target price revised to RM2.41 from RM1.94. -- Bloomberg


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