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KLSE Stock Recommendations

Wednesday, 14 January 2015

MARKET UPDATES :

Malaysian Biotechnology Corp (BiotechCorp) aims to reap RM2 billion in revenue from 248 BioNexus-status companies in 2015, its Chief Executive Officer, Datuk Dr Mohd Nazlee Kamal said.These companies generated revenue of RM1.4 billion in 2014 from RM1.169 billion in 2013.BioNexus is a special status awarded to qualified international and Malaysian biotech companies that qualify for fiscal incentives, grants and guarantees administered by BiotechCorp.

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STOCK RECOMMENDATION :

BUY V.S INDUSTRY ABOVE 2.860 TARGET 2.900 2.960 SL 2.800

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