Being a budding country in Southeast Asia, Malaysia was not spared from the economic troubles faced by the world in 2021.
Delta and Omicron variants hit Malaysia too and some states were in lock down for a good period of time to curb the spread.
Malaysia has plenty of advantages as it has a population of approximately 32.4 million and a resource rich country, especially in palm oil.
The recovery that we are seeing across the globe is coming to Malaysia as well. We have sourced for 7 stocks that you should look into for January 2022.
#1 CTOS Digital
Rakuten Trade has maintained its Buy rating on the stock with a target price of RM 2.00.
The shrewd acquisition of a new company will bring about better bottom line for the company.
“CTOS has proposed to acquire a 49% stake in JurisTech and an additional 2.25% stake in BOL, both funded via a private placement. We deem the 23x FY21E PER valuation for JurisTech as fair,...