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Great Eastern Life Assurance (Malaysia) (GELM)

Broker's Calls

OCBC kept at 'buy' on likely IPO or trade sale for Great Eastern's Malaysian business unit

SINGAPORE (Mar 8): UOB Kay Hian is reiterating its "buy" on Oversea-Chinese Banking Corp with higher target of $14.95 if the bank decides to divest a 30% stake in Great Eastern Life Assurance (Malaysia) (GELM) either through an IPO or trade sale.
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