Glove makers poised for re-rating

Kenanga IB Research has maintained its overweight rating on the rubber glove sector and said the companies under its coverage were poised for a re-rating after three quarters in the lull. It said, Gas Malaysia had announced that the government had approved the natural gas tariff revision for the non-power sector in peninsular Malaysia with effect from 1st November 2014 by an average of 2.3 per cent.

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