Hiap Seng - Hiap Seng Engineering upgraded to 'trading buy' by CIMB

Stock Name: Hiap Seng
Company Name: HIAP SENG ENGINEERING LTD
Research House: CIMB

CIMB in a Feb 8 research report says: "Hiap Seng has secured a Letter of Intent (LOI) for an EPC contract of $10.3 million for the Tembusu Wastewater treatment plant on Jurong Island. The LOI is expected to be formalised within 30 days.

Read more...