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Pan-United lays groundwork to reignite growth with $29.9 mil divestment

Broker's Calls

Pan-United lays groundwork to reignite growth with $29.9 mil divestment

Jude Chan Published on Wed, Oct 05, 2016 / 4:52 PM GMT+8

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SINGAPORE (Oct 5): NRA Capital has assigned an “overweight” rating to Pan-United Corporation with a fair value of 70 cents, following the company’s $29.92 million divestment of two wholly-owned subsidiaries in its tug and barge business.

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