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Decent 4Q performance expected of Memtech on shiny new projects

Samantha Chiew
Samantha Chiew • 2 min read
Decent 4Q performance expected of Memtech on shiny new projects
SINGAPORE (Feb 9): UOB Kay Hian is maintaining its “buy” call on Memtech International with a target price of $1.43.
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SINGAPORE (Feb 9): UOB Kay Hian is maintaining its “buy” call on Memtech International with a target price of $1.43.

In a Friday report, analyst Nicholas Leow expects the group to report a decent performance when it announces its upcoming 4Q17 results.

This comes on the back of the group indicating that it has secured new projects from Chinese automobile companies.

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