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Brokers’ Digest: OCBC, Sembcorp, Genting Singapore, Frencken, ESR-REIT

The Edge Singapore
The Edge Singapore • 9 min read
Brokers’ Digest: OCBC, Sembcorp, Genting Singapore, Frencken, ESR-REIT
OCBC's building in Singapore. Photo: OCBC
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Oversea-Chinese Banking Corp
Price target:
Citi Research ‘neutral’ $15.80

OCBC’s change of CEO earlier than expected

Oversea-Chinese Banking Corporation (OCBC) group CEO Helen Wong’s surprise retirement announcement last week “could have come in earlier than investors’ expectations”, says Citi Research analyst Tan Yong Hong.

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