HLIB RESEARCH TRIMS ASTRO TO ‘SELL’
KUALA LUMPUR: HONG Leong Investment Bank Bhd (HLIB Research) has downgraded Astro Holdings Bhd to “sell” from “hold” and cut its financial year 2024 earnings forecast by 45 per cent on continued weak demand for its products.
Author(s): S. JOAN SANTANI
Copyright: NSTP
Published on: 16 December 2023
Publication: New Straits Times