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Silverlake Axis sees silver lining in banks' spending recovery

Samantha Chiew
Samantha Chiew6/20/2018 11:20 AM GMT+08  • 3 min read
Silverlake Axis sees silver lining in banks' spending recovery
SINGAPORE (June 20): RHB is maintaining its “buy” call on Silverlake Axis with a target price of 65 cents.
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SINGAPORE (June 20): RHB is maintaining its “buy” call on Silverlake Axis with a target price of 65 cents.

The group’s financial performances for FY17-18 have been poor as regional banks pull back on major IT spending the past two years.


See: Silverlake posts 93% drop in 3Q earnings to $9.74 mil on significantly lower other income

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