Stock Name: LATEXX
Company Name: LATEXX PARTNERS BHD
Research House: CIMB
Company Name: LATEXX PARTNERS BHD
Research House: CIMB
Latexx Partners Bhd, a Malaysian rubber glove maker, was raised to “trading buy” from “neutral” at CIMB Investment Bank Bhd after the company agreed to a revised offer to merge with the YTY group.
The share estimate was increased to RM2.60 from RM2.28, Kuala Lumpur-based analyst Terence Wong wrote in a report today.
The stock rose to its highest level in almost three weeks in Kuala Lumpur trading, gaining 3.1 per cent to RM2.34 at 9:03 a.m. local time, set for its highest close since May 23. -- Bloomberg
The share estimate was increased to RM2.60 from RM2.28, Kuala Lumpur-based analyst Terence Wong wrote in a report today.
The stock rose to its highest level in almost three weeks in Kuala Lumpur trading, gaining 3.1 per cent to RM2.34 at 9:03 a.m. local time, set for its highest close since May 23. -- Bloomberg
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