Stock Name: JTINTER
Company Name: JT INTERNATIONAL BHD
Research House: MAYBANK
Company Name: JT INTERNATIONAL BHD
Research House: MAYBANK
JT International Bhd, a Malaysia cigarette maker, rose to its highest level in more than 12 years after Maybank Investment Bank Bhd. increased its share estimate on expectations of a potential special dividend and falling costs.
The stock climbed 3.3 per cent to RM6.28 at 10:22 a.m. in Kuala Lumpur trading, set for its highest close since June 1998.
The share estimate was raised to RM8.10 from RM6.50, Khair Mirza and Chai Li Shin, analysts at Maybank Investment, wrote in a report today. - Bloomberg
The stock climbed 3.3 per cent to RM6.28 at 10:22 a.m. in Kuala Lumpur trading, set for its highest close since June 1998.
The share estimate was raised to RM8.10 from RM6.50, Khair Mirza and Chai Li Shin, analysts at Maybank Investment, wrote in a report today. - Bloomberg
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