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21st June 2022

Stock Digest - Kelington Group Bhd - Another One In The Bag

Following the latest win, KGB’s year-to-date orderbook replenishment now stood at approximately RM762.0m. Current orderbook replenishment meets 76.2% of our projected orderbook replenishment target of RM1.00bn for FY22f. Moving into final half of the year, we reckon that our projected orderbook replenishment is largely achievable, supported by the robust outlook within the semiconductor industry.

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