SINGAPORE (Nov 26): OCBC Investment Research is maintaining its “hold” call on SIA Engineering (SIA EC) with a fair value estimate of $2.64 on the belief that the stock has few catalysts for now.

In a Monday report, analyst Low Pei Han highlights how SIA EC’s share price dipped to a two-week low of $2.48 as at the close of last Friday, representing a correction of about 15% since OCBC’s downgrade on Nov 9 post the group’s release of its 2Q19 results.

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