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Brokers' take

Published Mon, Dec 5, 2016 · 09:50 PM

Old Chang Kee | Buy Target price: S$0.98 Dec 5 close: S$0.755 Phillip Securities Research, Dec 5

We continue to view Old Chang Kee (OCK) as a defensive growth play with a 28 per cent capital upside to our target price of S$0.98 and a 4 per cent dividend yield.

The completion of its reconstruction work in 2 Woodlands Terrace in Q1…

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