Singapore Stock Market News

Kim Heng - On the acquisition trail

StockFanatic
Publish date: Fri, 14 Mar 2014, 12:27 PM
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■ Global rig operators' go-to specialist in offshore rig services

■ Poised to ride the robust O&G activities and rising deliveries of drilling rigs

■ Potential acquisition of subsea business and securing more conversion / newbuild projects to boost growth

Initiate with a BUY for a 27% upside to our TP of S$0.33
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