SINGAPORE (Nov 16): OCBC has maintained its “hold” call on OCBC but lowered its fair value to 48 cents from 52 cents previously.

The research house says home sales were muted in the run-up to the recent election while near-term political uncertainties lie ahead.

In 2Q ended Sept, Yoma’s PATMI fell 97% to $0.3 million from $10.8 million a year ago, dragged down by the absence of land development rights (LDR) sales for Star City Zone C in 2QFY15 and lower progress recognition at Star City.

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