April 16, 2012

GENP - Buy for long term growth

Stock Name: GENP
Company Name: GENTING PLANTATIONS BERHAD
Research House: HWANGDBSPrice Call: BUYTarget Price: 11.00



Genting Plantations; Buy; RM9.60
Price Target: RM11.00; GENP MK

Acquisition of 74k ha to underpin long term earnings visibility. 60% of unplanted areas to drive expansion. Maintain Buy with RM11.00 TP.

Source: HwangDBS Research - 16 April 2012

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