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Business Times·Business

Maybank sees growth for MoneyMax, sets S$0.69 target

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Maybank sees growth for MoneyMax, sets S$0.69 target

Maybank has started coverage of MoneyMax with a buy recommendation and a target price of S$0.69. The brokerage sees growth coming from expansion in Malaysia and a larger share of higher-margin pawn loans to lift earnings in coming years.

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