SINGAPORE (June 6): UOB Kay Hian is maintaining its “market weight” call on Singapore’s shipyard sector after upgrading Sembcorp Marine (SMM) from “sell” to “hold” with a raised target price of $1.27, and maintaining its “buy” recommendation on Sembcorp Industries (SCI)  with a lower target price of $3.60.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply