Maybank Kim Eng is keeping its “hold” recommendation on Venture Corporation, the provider of technology services, products and solutions, with an unchanged target price of $18.46.

However, the research house prefers Frencken Group in the tech services space, due to its more attractive valuations and higher probability for earnings resilience. It has a “buy” call on Frencken with a target price of $1.33.

In a Sept 29 report, analyst Gene Lih Lai says, “Venture is exposed to governance (eg. conflict of interest and customer confidentiality), labour and environmental risks through its business in the electronics manufacturing supply chain.”

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