Monday, August 9, 2010

AIRPORT - MAHB rises to record on CIMB upgrade

Stock Name: AIRPORT
Company Name: MALAYSIA AIRPORT HOLDINGS BHD
Research House: CIMB



Malaysia Airports Holdings Bhd (MAHB) rose to a record in Kuala Lumpur trading after the company was rated new �??outperform'' at CIMB Investment Bank Bhd. with a share price estimate of RM6.10.

The stock climbed 2.8 per cent to RM5.44 at 9.41 am local time.

The airport operator provides an "attractive and less risky leverage" to the aviation industry, CIMB analyst Loke Wei Wern said in a report today. - Bloomberg




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