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Maroc Maroc - NST.COM.MY - A La Une - 12/Sep 10:27

Bermaz Auto downgraded to 'Sell' after earnings miss

KUALA LUMPUR: Hong Leong Investment Bank Bhd (HLIB) has downgraded Bermaz Auto Bhd (BAuto) to "Sell" from "Hold", trimming its target price to 54 sen from 78 sen after the group's first-quarter earnings fell sharply below expectations.

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