ECS: NRA has a Buy rating with $1.37 TP. Main growth driver is the distribution of iPads in China.
Also positive that its Msian-listed unit ECS ICT Bhd, of which it owns 41%, just inked a partnership agreement with Dell to distribute Dell’s suite of commercial and consumer notebooks, desktops and workstations including Vostro, Latitude, XPS, Inspiron, OptiPlex, Precision, gaming (Alienware), as well as Dell’s portfolio of enterprise solutions.
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