CIMB values Bintulu Port IPO at RM2.83
By Jagdev Singh Sidhu
CIMB Securities has placed a fair value of RM2.83 on the upcoming
Bintulu Port Holdings Bhd initial public offering (IPO), which
has been priced at RM2 a share.
The securities house said Bintulu Port had the security of stable
earnings, solid balance sheet and low capital expenditure commitments.
"We valued the stock on a discounted
...... Read more on The Star Online
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