KUALA LUMPUR, May 2 (Bernama) -- Kinergy Advancement Berhad (“KAB”), a Malaysian leader in sustainable energy and engineering solutions, has received positive coverage from Apex Securities in its latest research note. Apex has assigned KAB a fair value of RM0.45 per share, implying an upside potential of about 36.4% from its current market price of RM0.33. This makes the company an attractive consideration for investors looking at renewable energy opportunities.
Since pivoting its business strategy in 2018, KAB has evolved into an integrated sustainable energy provider, distinguishing itself from conventional renewable energy contractors. Its offerings now span across energy efficiency solutions, renewable and clean energy generation, and specialised mechanical and electrical engineering services.
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