SINGAPORE (Nov 4). DBS Vickers Securities is keeping SIA Engineering at “hold” with a significantly lower target price of $3.53 from $3.81 previously.

This comes after the company on Tuesday posted what DBS deems an “uninspiring” set of 2Q17 financial results, including an interim dividend of 4 cents which was below the research house’s expectations.

(See also: SIA Engineering’s half-year earnings nearly triple to $234 mil, lifted by one-off gains)

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