PETALING JAYA: Hong Leong Investment Bank (HLIB) Research believes the impact from Oldtown Bhd’s venture into Myanmar is minimal as it only accounts for less than 1% of total earnings. Hence, the research house is maintaining its earnings forecasts for the company as well as a “buy” call with a target price of RM2.09 Oldtown […]
Malaysia’s Oldtown venture into Myanmar via franchisee
February 16, 2017 by Thiha
Filed Under: Latest News Tagged With: asean, China, HLIB, Hong Leong Investment Bank, licence, Malaysia’s Oldtown, market leader, Myanmar, network, Nikmat Mujur Sdn Bhd, OldTown White Coffee trade name, research house, share price, target price, trade mark, Yangon