
2021-04-07 16:53:42
CGS-CIMB initiates coverage on Hong Leong Asia with 'add' call, TP of $1.18
Positive prospects for Hong Leong Asia’s (HLA) diesel engine and building materials businesses have prompted CGS-CIMB Research analyst Ong Khang Chuen to initiate coverage with an ‘add’ rating and target price of $1.18. HLA, which is the trade and industry arm of Hong Leong Group has three key...