Following its initiation report on Nov 26, UOB Kay Hian Research has maintained its “buy” rating with a higher target price of $4.52 from $4.07 previously.

See: UOB Kay Hian initiates coverage on Nanofilm with 'buy', TP of $4.07

The company update dated Dec 10 comes after the brokerage hosted a conference call with NanoFilm’s Chief Financial Officer (CFO) Lim Kian Onn.

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