Stock Name: TAANN
Company Name: TA ANN HOLDINGS BHD
Research House: AMMB
Company Name: TA ANN HOLDINGS BHD
Research House: AMMB
Ta Ann Holdings Bhd, a Malaysian timber company, climbed to a two-week high in Kuala Lumpur trading after the stock was upgraded to “buy” at AmResearch Sdn Bhd with a higher fair value of RM6.30 .
Ta Ann shares rose 1.2 per cent to RM4.93 at 9:34 a.m. local time, set for its highest close since Feb. 28.
The upgrade is premised on an anticipated surge in demand for logs and plywood for reconstruction after Japan’s earthquake and tsunami, AmResearch said in a report today. -- Bloomberg
Ta Ann shares rose 1.2 per cent to RM4.93 at 9:34 a.m. local time, set for its highest close since Feb. 28.
The upgrade is premised on an anticipated surge in demand for logs and plywood for reconstruction after Japan’s earthquake and tsunami, AmResearch said in a report today. -- Bloomberg
No comments:
Post a Comment