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Brokers' take

Thaibev announced that its indirect wholly owned subsidiary, International Beverage Holdings (Singapore) Pte Limited, has acquired an aggregate 75 per cent stake in the shares of Myanmar Supply Chain and Service Co Ltd (MSC) and Myanmar Distillery Co Ltd (MDC), both of which are incorporated in the Republic of the Union of Myanmar.

Keppel Corporation > Add
CIMB, Oct 12
Oct 13 close: S$7.07
Target price: S$8.58

WE upgrade Keppel Corp from Hold to Add, with a new sum-of-parts target price of S$8.58, incorporating a revised revalued net asset value (RNAV)...

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