Dayang Enterprise Holdings (RM2.10; Buy; Price Target:
RM2.60; DEHB MK)
Secures new RM400m contract!
• Dayang has clinched the RM400m SSB/SSPC job;
enhancing growth visibility
• Current order book stands at RM920m; we anticipate
more contracts
• Valuations compelling at 9x FY11 EPS. Maintain Buy
and TP of RM2.60
source: HwangDBS