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Broker's Calls

Innovalues riding on the highway of growth, says CIMB

SINGAPORE (Oct 13): Innovalues, the manufacturer of automotive (AU) and office automation (OA) components, is on track to attain a 10-12% rise in FY16-17 sales with gross margin improvement of up to 32%, says CIMB analyst Ngoh Yi Sin in a Wednesday note.

In print this week

Japfa shares haven't stopped running since Cargill JV news

SINGAPORE (Sept 30): Japfa’s shares have risen 72% since the start of the year as the group continues to strengthen both its upstream and downstream businesses to provide more stable margins for the group.
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