Stock Name: MMCCORP
Company Name: MMC CORPORATION BHD
Research House: OSK
Company Name: MMC CORPORATION BHD
Research House: OSK
MMC Corp, a Malaysian ports, power and construction group, was downgraded to “neutral” from “trading buy” at OSK Research Sdn Bhd, cutting its fair value to RM3.08 from RM3.62.
Gas Malaysia Sdn. a 41.8 per cent-owned affiliate, will see narrower margins after the government yesterday announced changes to state subsidies and fuel prices, analyst Chris Eng said in a report today.
This should impact Gas Malaysia’s potential valuation if it proceeds with its initial public offering, he said. -- Bloomberg
Gas Malaysia Sdn. a 41.8 per cent-owned affiliate, will see narrower margins after the government yesterday announced changes to state subsidies and fuel prices, analyst Chris Eng said in a report today.
This should impact Gas Malaysia’s potential valuation if it proceeds with its initial public offering, he said. -- Bloomberg
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