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Published Wed, Jan 18, 2017 · 09:50 PM

SIIC Environment | Buy Target price: S$0.68 Jan 18 close: S$0.58 DBS Group Research, Jan 17

Despite the possible dilution from the share placement, we maintain our "buy" rating on SIIC Environment.

The company is making good progress of gradually expanding its water treatment portfolio with good growth potential from upgrades and tariff hikes. It is also grabbing opportunities in the sludge treatment market.

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