Published: 2009/11/06
Axiata Group Bhd, Malaysia’s state-controlled mobile-phone operator, rose to a two-week high after CIMB Investment Bank Bhd upgraded the stock to reflect “strong” growth at its Malaysian and Indonesian operations.
The stock advanced 2 per cent to RM3.07 at close, the highest level since Oct. 21.
The company was raised to “outperform” from “neutral” and its target price increased to RM3.78 from RM3.57, CIMB said in a report today.
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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