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Home>Kimia Farma: Attractive Long-term Growth Prospects -- Barron's Asia

Kimia Farma: Attractive Long-term Growth Prospects -- Barron's Asia

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Thu, 23 Oct 2014

Bahana Securities initiates Kimia Farma ( KAEF.IJ) at Buy with a target price of IDR1,400. Kimia Farma (KAEF), with 535 pharmacies (366 owned) and 236 clinics (all owned) in Indonesia, is planning to open 100 pharmacies and 100 clinics per annum through 2016 (exhibit 15). KAEF expects to support
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