$KERJAYA / 7161 (KERJAYA PROSPEK GROUP BERHAD)
Research by TA
Buy - TP RM2.73

"Stronger 2H Ahead"

We reiterate our Buy call on the stock and TP of RM2.73, based on PER 18x CY25 earnings and 3% ESG premium given our 4-star rating. We continue to like KERJAYA for its:- (i) solid earnings visibility, (ii) consistent and robust replenishment of its order book, and (iii) the potential growth in industrial property construction leveraging the partnership with Samsung.

Analyst:
Raymond Ng Ing Yeow
raymondng@ta.com.my