CIMB Research: Cypark UPS target price

2017-12-06 5

CIMB Invesment Bank Research has maintained its add rating on Cypark Resources at RM2.79 with a higher target price of RM3.09 sen.

Cypark may double its end financial year 2014 target for renewable energy capacity of 50mw, following in the footsteps of 1Malaysia Development Berhad which was in line to build the country's largest solar power plant at 50mw.