CGS-CIMB has reiterated its “buy” call on BRC Asia with a lowered target price of $1.35 from $1.55. The recommendation comes despite BRC Asia’s core net loss of $6.4 million recorded for the 3QFY19/20 ended June.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe