Maybank IB Research said its SEZ dozen top picks are those that could potentially see earnings and multiple upgrades from their medium-term gearing to the five investment themes.

Of the brokerage’s SEZ dozen picks, the six that were listed on Bursa Malayia were Axis-REIT, CIMB Group Holdings Bhd, ITMax System Bhd, Solarvest Holdings Bhd, S P Setia Bhd and Telekom Malaysia Bhd.

Looking at various local companies involved in new energy, Maybank Research believes that SLVEST Holdings (SLVEST, 0215, Main Board Industrial Products and Services Group) is the first choice. When renewable energy production capacity increases, the workload of this company will increase, so it is recommended that " Buy” with a target price of RM1.76 sen.