Cover Story: BAT Malaysia shows first profit growth since 2015
UNCERTAINTIES surrounding a potential new law to prohibit smoking and the sale of tobacco products to anyone born after 2005, in a move dubbed the “generational endgame”, may continue to weigh on British American Tobacco (Malaysia) Bhd (BAT Malaysia) in the short term, say analysts. Its share price has fallen 6% since Health Minister Khairy Jamaluddin announced on Feb 17 that the government was looking to implement this law in Malaysia. The stock closed at RM11.82 last Wednesday, giving the ...
Source: theedgemarkets.com