Boustead Singapore rated 'hold' by DBS

Stock Name: Boustead Sp
Company Name: BOUSTEAD SINGAPORE LIMITED
Research House: DBS Vickers

DBS Vickers Securities in a Feb 15 resarch report says: "Bottomline of $13.3 million (+53% y-o-y, 64% q-o-q) exceeded our expectation despite the $1.5 million of forex losses and $1.1 million of restructuring losses for the township JV in Libya.

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