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Bumitama Agri upgraded to ‘buy’ on strong FFB output growth and attractive valuation

PC Lee
PC Lee • 2 min read
Bumitama Agri upgraded to ‘buy’ on strong FFB output growth and attractive valuation
SINGAPORE (March 31): RHB is upgrading Bumitama Agri to “buy” from “neutral” despite falling CPO prices ahead on strong double-digit FFB output growth over the next few years plus attractive valuations at current levels.
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