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Maybank Securities reiterates 'buy' call on SingPost ahead of expected asset sale

The Edge Singapore
The Edge Singapore  • 2 min read
Maybank Securities reiterates 'buy' call on SingPost ahead of expected asset sale
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Maybank Securities analyst Jarick Seet has reiterated his bullish "buy" call on Singapore Post (SGX:S08) , with an unchanged price target of 77  cents.

According to Seet in his Feb 13 note, the situation at SingPost has "stabilised" with the return of Neo Su Yin to the company in the newly-created role of group chief operating officer.

The group CFO role has also been filled with the promotion of Isaac Mah, who was previously heading up the finance function at one of SingPost's Australia units.

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