Sarawak sales tax to hurt Press Metal's earnings — AmInvestment

Sarawak sales tax to hurt Press Metal's earnings — AmInvestment

The Edge Markets - Malaysia·2019-11-05 11:59

KUALA LUMPUR (Nov 5): AmInvestment Bank has maintained its "Hold" call on Press Metal Aluminium Holdings Bhd at RM4.80 with an unchanged fair value (FV) of RM3.83 and said the Sarawak State Sales Tax (SST) is likely to hurt the company's earnings going forward.

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