AEM has undergone shareholding and management changes in the past few years and in a Wednesday report, CIMB analyst William Tng believes the engineering firm is now positioned for growth.
SINGAPORE (March 9): CIMB has started its coverage of AEM Holdings with an “add” rating at a higher target price of $2.69.
This follows the completion of the company’s restructuring exercise and the development of a “game-changing” test handler product.
