PT Astra Agro Lestari, IOI Corp and Kuala Lumpur Kepong Bhd had their ratings raised to “buy” from “sell” at Royal Bank of Scotland Group Plc (RBS).
RBS said it expects crude palm oil prices to stage a “strong recovery” between 2009 and 2011.
The brokerage also rated Malaysia’s Sime Darby Bhd “buy” in new coverage. - Bloomberg
Friday, March 6, 2009
IOI Corp, KL Kepong, Sime rated 'buy'
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