SINGAPORE (Oct 20): RHB is reiterating its “buy” call on Global Invacom Group with an unchanged target price of 28 cents, on positive expectations of its upcoming 3Q16 earnings results.

(See also: Global Invacom results well received by RHB)

The satellite communications equipment provider recently received approval to supply its new generation of Low Block Noise (LNB) products from its largest customer, Echostar Corporation – specifically the Generation 2 Hybrid (EA Twin Gen II) system.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook