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Berjaya Auto 'prime beneficiary' as yen weakens: Maybank

Research house also says weaker Japanese currency may lift firm's earnings by 11-17% over next three years
Wednesday, November 5, 2014 - 05:50

Kuala Lumpur

MAYBANK Research has singled out auto-parts and vehicle distributor Berjaya Auto (BJAuto) as possibly the biggest beneficiary of the weak Japanese yen. Standout statistic: 60-65 per cent of its cost of goods sold is denoted in the currency.

The firm's latest piece of

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