PhillipCapital analyst Terence Chua has maintained his “buy” call with an unchanged target price of $1.79 on BRC Asia.

This comes after Hong Leong Asia, on Aug 28, announced that it plans to invest $68.1 million to increase its stake in BRC Asia to 20%.


See: Hong Leong Asia to pay $68.1 mil to bring stake in BRC Asia to 20%


To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook