MARKET UPDATES :
Pos Malaysia Bhd expects to spend more than RM150 million in capital expenditure (capex) for its financial year ending March 31, 2015 (FY15), said Group Chief Executive Officer Datuk Iskandar Mizal Mahmood. The postal service company spent RM150 million in capex for FY14. The FY15 capex will be partly used to launch parcel lockers later this year.
STOCK RECOMMENDATION :
- BUY PPB GROUP ABOVE 15.000 TG 15.120, 15.250, 15.400 SL 14.850
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