SINGAPORE (Sept 30): UOB Kay Hian on Friday looked after its "hold" approach Ezion Holdings, and raised its objective cost to 30 pennies from 23 pennies beforehand.
Ezion's income seem to have bottomed out in 2Q16, notes UOB lead examiner Foo Zhi Wei.
"Administration has been deft with its technique, wandering into the wind ranch industry to relieve the downturn," says Foo.
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