$MATRIX / 5236 (MATRIX CONCEPTS HOLDINGS BERHAD)
Research by MIDF
BUY – TP RM2.22

" MVV Land the Next Growth Driver”

• Meeting with management of Matrix Concepts
• MVV land the next growth driver
• Bandar Sri Sendayan stays resilient
• Earnings forecast revised upwards
• Maintain BUY with a revised TP of RM2.22

Analyst:
Jessica Low Jze Tieng
jessica.low@midf.com.my