Friday, March 11, 2011

Hong Leong Finance rated 'buy' by DMG

Stock Name: HL Fin
Company Name: HONG LEONG FINANCE LIMITED
Research House: DMG

DMG & Partners Securities in a Mar 8 research report says: "Management said their efforts to drive loans have led to a 4Q10 sequential loan increase. For FY2010, loans expanded 2.3%. We forecast 2011 loan growth of 8%.

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