Singapore Stock Market News

Sarine Technologies - Matter of monetisation

StockFanatic
Publish date: Tue, 20 Jan 2015, 03:02 PM
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■ Breaking up two founding holding companies and distributing shares downwards.

■ Voluntary lock-up till Aug 2015. Mechanism to limit subsequent sale of shares to preserve enterprise value.

Maintain BUY & DCF TP of SGD3.18.
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