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Brokers’ Digest: Hong Leong Asia, Marco Polo Marine, Pan-United Corp, SIA Engineering, UOL

The Edge Singapore
The Edge Singapore • 11 min read
Brokers’ Digest: Hong Leong Asia, Marco Polo Marine, Pan-United Corp, SIA Engineering, UOL
Hong Leong Asia’s subsidiary in Malaysia, Tasek saw higher volumes and selling prices in the period. Photo: Bloomberg
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Hong Leong Asia
Price target:
UOB Kay Hian ‘buy’ $2.82

Associate BRC Asia’s stake is now more valuable

Adrian Loh of UOB Kay Hian has maintained his “buy” call and raised his target price for Hong Leong Asia (HLA) from $2.63 to $2.82, citing multiple growth drivers across its various business units.

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