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Why Pan United’s outlook has yet to be cemented

Michelle Zhu
Michelle Zhu2/14/2017 01:36 PM GMT+08  • 2 min read
Why Pan United’s outlook has yet to be cemented
SINGAPORE (Feb 14): DBS Vickers Securities is keeping its “hold” call on Pan United, Singapore’s largest cement and ready-mixed concrete (RMC) supplier, with a target price of 63 cents.
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SINGAPORE (Feb 14): DBS Vickers Securities is keeping its “hold” call on Pan United, Singapore’s largest cement and ready-mixed concrete (RMC) supplier, with a target price of 63 cents.

The group last Friday declared earnings of $24.1 million for the full year ended Dec 31, a marginal decrease from its earnings of $24.2 million in the previous financial year.

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