SINGAPORE (Oct 26): CIMB is initiating Yongnam Holdings at “add” with target price of $0.53, based on 0.8 times FY18 P/BV which is a 10% discount to long-term average.

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