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Sin Heng well-positioned to benefit from improved construction demand: UOBKH

Khairani Afifi Noordin
Khairani Afifi Noordin • 3 min read
Sin Heng well-positioned to benefit from improved construction demand: UOBKH
Sin Heng is trading at a huge discount of around 50% versus its peers, the analysts highlight. Photo: Sin Heng
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Heavy lifting services provider Sin Heng Heavy Machinery (SGX:BKA) is well-positioned to benefit from the improved construction demand especially in the public sector, UOB Kay Hian analysts highlight in an unrated report.

Boasting 50 years of track record, Sin Heng has been listed on the Singapore Exchange since 2010. As one of the leading heavy lifting service providers in Singapore, the company provides rental and trading of cranes and aerial lifts, as well as sales and distribution of spare parts.

Serving customers from various industries such as infrastructure, construction and oil and gas, the majority of Sin Heng’s orderbook is from the Land Transport Authority and Public Utilities Board, UOBKH points out.

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