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Research by TA
Hold – TP RM4.20

“Seeing Gradual Recovery in Sales"

After revising the earnings forecasts, we tweaked the target price lower from RM4.50 to RM4.20, based on a PE multiple of 32.0x CY25F EPS and 3% ESG premium. Maintain a Hold call on UNISEM.

Analyst:
Chan Mun Chun 
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$KLSE-UNISEM
Research by TA
Hold – TP RM4.20

“Seeing Gradual Recovery in Sales"

After revising the earnings forecasts, we tweaked the target price lower from RM4.50 to RM4.20, based on a PE multiple of 32.0x CY25F EPS and 3% ESG premium. Maintain a Hold call on UNISEM.

Analyst:
Chan Mun Chun 
mcchan@ta.com.my