SINGAPORE (Dec 27): DBS is maintaining its “hold” call on SIIC Environment with a target price of 53 Singapore cents.
This came on the back of the group announcing on Dec 22 that it plans to seek a dual listing on the Stock Exchange of Hong Kong (SEHK).
Investors have been waiting for the group’s dual listing on SEHK for a long time and expect that it could improve trading liquidity as well as valuation, following the footsteps of Sound Global... (Click here to read the full story.)