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Malaysia
HPP Holdings Bhd
Thong Guan Industries Berhad
 
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Date Description Country Analyst Download
31-Mar-2022 TGuan’s strong sales growth over the past few years has shown that the group’s overseas foray is paying off as the international clients have taken a liking to its high value plastic and stretch films to the point the group continues to increase its capacity in order to reach its targeted revenue of RM2b by 2026. Malaysia Malaysia Research Team
09-Apr-2021 “We recommend to Buy HPP as we expect steady revenue and earnings growth to be backed by renewed capacity alongside greater sales order flow from customers. It is trading at a more compelling valuation of 15.4x PE FY5/22 compared with EMS industry average of approx. 20x PE.” Malaysia Malaysia Research Team
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