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Brokers' take

Published Thu, May 9, 2019 · 09:50 PM

Frencken Group | Buy (initiate) May 9 close: S$0.615 Target price: S$0.82 RHB Research Institute, May 9

Frencken provides global integrated technology solutions to world-class multinational corporations (MNCs) across five different business segments.

For FY2019, we expect industrial automation to be the main growth driver, with orders from a key customer setting up a new factory.

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