$ANNJOO(6556.MY$
• Ann Joo Resources wins ECRL feeder stations electrification contract.
• Entry into utility-infrastructure sector through partnership with PT Lumintu.
• Project aligns with TNB's capital expenditure plans.
• Stimulates demand for steel products for grid upgrades.
• TA Research maintains earnings forecast but revises target price to RM1.64.
reference link: com.my/business...
• Ann Joo Resources wins ECRL feeder stations electrification contract.
• Entry into utility-infrastructure sector through partnership with PT Lumintu.
• Project aligns with TNB's capital expenditure plans.
• Stimulates demand for steel products for grid upgrades.
• TA Research maintains earnings forecast but revises target price to RM1.64.
reference link: com.my/business...
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