Stock Name: SENDAI
Company Name: EVERSENDAI CORPORATION BERHAD
KUALA LUMPUR: Main Market-debutant Eversendai Corporation Bhd was actively traded and rose on Friday, July 1, in line with the generally positive sentiment at the local bourse.
At 9.20am, Eversendai gained seven sen to RM1.77 with 30.98 million shares done.
Eversendai's final institutional price was fixed at RM1.70 and final retail price at RM1.62. OSK Research has accorded a fair value of RM2.21.
The company's subsidiary recently secured a RM139 million job from Qatar Petroleum.
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Company Name: EVERSENDAI CORPORATION BERHAD
| Research House: OSK | Price Call: BUY | Target Price: 2.21 |
KUALA LUMPUR: Main Market-debutant Eversendai Corporation Bhd was actively traded and rose on Friday, July 1, in line with the generally positive sentiment at the local bourse.
At 9.20am, Eversendai gained seven sen to RM1.77 with 30.98 million shares done.
Eversendai's final institutional price was fixed at RM1.70 and final retail price at RM1.62. OSK Research has accorded a fair value of RM2.21.
The company's subsidiary recently secured a RM139 million job from Qatar Petroleum.
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