Broker Name: Maybank Investment Bank Berhad
Date of Report: December 4, 2025
Excerpt from Maybank Investment Bank Berhad report.
- Report Summary
- Telekom Malaysia (TM) is expected to maintain strong cost and capex discipline, resulting in stable free cash flow and potential for higher dividend payouts.
- Maybank raises TM’s target price to MYR8.50, maintains a BUY rating, and sees TM as a beneficiary of Malaysia’s data centre boom, with the company likely to turn net cash by FY28 due to prudent financial management and solid performance.
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-keresearch.com
