08/06/2016 (Bernama) - Maybank Investment Bank (IB) Research has maintained its "buy" call on IOI Corporation Bhd (IOI Corp) with a target price RM4.59.

This follows IOI Corp taking an amicable approach to withdrawing its lawsuit against the Roundtable on Sustainable Palm Oil (RSPO).

The conglomerate was suspended from the RSPO on April 4, 2016.