SP Setia raised to ‘outperform’

Posted on | December 11, 2009

By BLOOMBERG

SP Setia Bhd, Malaysia’s biggest property developer, was raised to “outperform” from “market perform” at RHB Research Institute Sdn which said the company’s KL EcoCity project is its next “earnings catalyst.”

The target price for the stock was increased to RM4.10 from RM3.93, RHB said in a report today

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