January 4, 2011

KSL - KSL Hldgs rated 'outperform' at RHB

Stock Name: KSL
Company Name: KSL HOLDINGS BHD
Research House: RHB



KSL Holdings Bhd, a Malaysian property developer, rose to a three-week high in Kuala Lumpur trading after the company was rated "outperform" at RHB Research Institute Sdn Bhd, citing its earnings growth prospects.

The stock gained 1.7 per cent to RM1.83 at 9:14 a.m. local time, set for its highest close since Dec. 13.

KSL's fair value is RM2.78, RHB said in a report today. -- Bloomberg


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