Singapore Stock Market News

Ezion - Restructure for future growth

StockFanatic
Publish date: Tue, 01 Oct 2013, 12:18 PM
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• Proposed share swap with Ocean Sky and injection of Marine Supply Base business

• Accretive to book value; EPS dilution of 2-4% due to time lag

• Positive for long term development of Ezion

• Maintain BUY with adjusted TP of S$3.10
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