Following an announcement that Prestariang has been awarded the National Immigration Control System (SKIN) Project, RHB Research has upgraded its call on the counter to BUY from NEUTRAL. The project is expected to contribute positively to its recurring earning base, as its university segment continues to post losses. A fund-raising exercise via a rights issue or private placement may be in the cards to fund the initial capex of the SKIN project. 

<p>Following an announcement that Prestariang has been awarded the National Immigration Control System (SKIN) Project, RHB Research has upgraded its call on the counter to BUY from NEUTRAL. The project is expected to contribute positively to its recurring earning base, as its university segment continues to post losses. A fund-raising exercise via a rights issue or private placement may be in the cards to fund the initial capex of the SKIN project.&nbsp;</p>

Instagram

Sharper and stronger than a double espresso. The Morning Run stretches your mind and braces you for the business day. It's your fast track into work where you can hit the ground running. From 6am to 10am weekdays, the Morning Run brings you the biggest stories and must-listen-to interviews. Stay enlightened, make educated business and investment decisions.

Advertisement