Sheng Siong Group rated 'hold' by OCBC

Stock Name: Sheng Siong
Company Name: SHENG SIONG GROUP LTD

Research House: OCBC

Price Call: HOLD

Target Price: 0.49

OCBC Investment Research in an Apr 13 research report says: "With Chinese New Year (CNY) in 1Q12, we expect revenue contribution from the quarter to be the highest for the year as supermarkets tend to enjoy peak volumes during this festive period.

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