(See also: UOL posts 4% rise in earnings to $80.3 mil)
SINGAPORE (May 15): Maybank Kim Eng is reiterating its “buy” call on UOL as its top sector pick, raising its price target to $8.30 from $7.93 to reflect the higher market value of UIC and target price of UOB.
In a Monday report, analyst Derrick Heng says there were no surprises from UOL’s latest results announcement, with the Clement Canopy enjoying a good launch as well as the renewal of all retail leases due for expiry this year.
