Boustead Singapore rated 'buy' by Maybank Kim Eng

Stock Name: Boustead Sp
Company Name: BOUSTEAD SINGAPORE LIMITED

Research House: Maybank Kim Eng

Price Call: BUY

Target Price: 1.14

Maybank Kim Eng Research in an Apr 13 research report says: "Boustead Singapore experienced a surge in order win momentum with four new contracts secured in the month of March alone. Excluding a designbuild-lease contract which is not accounted for in orderbook figures, the total value of the new contracts came up to $89 million.

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