Broker: Maybank Investment Bank Berhad
Date of Report: March 13, 2026
Excerpt from Maybank Investment Bank Berhad report.
Report Summary
- MN Holdings (MNH) has secured a major MYR216m data centre substation project, boosting YTD job wins to MYR476.2m and lifting its outstanding orderbook to MYR1.1b.
- Maybank maintains a BUY rating, raising the target price to MYR2.47, supported by increased earnings forecasts (up 7-44%) as the company’s replenishment pipeline and tender book remain robust, especially in TNB and data centre segments.
above is an excerpt from a report by Maybank Investment Bank Berhad. Clients of Maybank Investment Bank Berhad can be the first to access the full report from the Maybank Investment Bank Berhad website :
https://www.maybank.com/investment-banking
