Company Update:
- Softer numbers are expected in the upcoming 2QFY10 results (expected to be on 25 August) mainly caused by the weakness in the engineering division and pipe-coating and pipe-manufacturing divisions. Meaningful earnings recovery only in expected in FY11.
RHB Equity 360° - 13 August 2010 (Wah Seong, Gloves, Genting S’pore, EON Cap, Petra Perdana; Technical: AZRB)
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