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M1 holding up despite being in a tight spot

Samantha Chiew
Samantha Chiew7/14/2017 10:43 AM GMT+08  • 2 min read
M1 holding up despite being in a tight spot
SINGAPORE (July 14): RHB is maintaining its “neutral” call on M1 with a target price of $2.05.
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SINGAPORE (July 14): RHB is maintaining its “neutral” call on M1 with a target price of $2.05.

This is due to major shareholders exiting the company and the entry of MyRepublic as a new competitor.

In a Friday report, RHB expects M&A activity to continue to lend support to its share price.

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