SINGAPORE (Oct 11): Maybank Kim Eng is keeping its “buy” call on Singapore Post (SingPost) with an unchanged price target of $1.77.

(See also: SingPost ready to gain, now that pain is over)

In a Tuesday report, analyst John Cheong says the national postal service provider’s “swift actions” on the corporate governance front should further allay related concerns, while allowing its incoming CEO to focus on execution without interference from the board.

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