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Brokers' take

We are impressed with Singapore Airlines' (SIA) sequential improvement in passenger load factor, which we believe is due to strategic code shares.

IPS Securex | Buy

Dec 16 close: S$0.31

Target price: S$0.40

RHB Research, Dec 16

IPS has secured a five-year US$64.46 million letter of award for the sale of Hyperspike acoustic hailing devices and supporting