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Revisions

Ezion kept at ‘hold’ by OCBC; KGI says ‘sell’

Broker's Calls

Ezion kept at ‘hold’ by OCBC; KGI says ‘sell’

Zavier Ong Published on Mon, Jul 04, 2016 / 1:43 PM GMT+8

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SINGAPORE (July 4) – OCBC Investment Research has maintained its “hold” call for Ezion Holdings with a fair value of 50 cents, while KGI Securities has issued a “sell” call with a target price of 37 cents.

This follows Ezion’s formal venture into the Chinese windfarm market and as it undertakes a rights issue.

(See: “Ezion kept at ‘hold’ by UOB on formal entry into China windfarm market; rights issuance”)

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