PETALING JAYA: Datasonic Group Bhd
is experiencing heightened optimism on potential near-term contracts as the group aims to participate in upcoming tenders for national security-related and digitalisation solutions.
This is besides the potential re-tendering of the online renewal of temporary employment passes for foreign workers (ePLKS).
RHB Research has increased Datasonic’s core business target price-earnings (PE) ratio to 25 times from 20 times.
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