Stock Name: PLUS
Company Name: PLUS EXPRESSWAYS BHD
Research House: OSK
PLUS Expressways Bhd, Malaysia's biggest toll-road operator, was downgraded to "neutral" from "buy" at OSK Research Sdn Bhd after UEM Group Bhd and the Employees Provident Fund offered to buyout the company at RM4.60 a share, offering a limited upside.
The share price estimate was cut to RM4.60 from RM4.84, OSK said in a report today. -- Bloomberg
Company Name: PLUS EXPRESSWAYS BHD
Research House: OSK
PLUS Expressways Bhd, Malaysia's biggest toll-road operator, was downgraded to "neutral" from "buy" at OSK Research Sdn Bhd after UEM Group Bhd and the Employees Provident Fund offered to buyout the company at RM4.60 a share, offering a limited upside.
The share price estimate was cut to RM4.60 from RM4.84, OSK said in a report today. -- Bloomberg
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