1. Swiber Holdings
2. Ezra Holdings
3. Swissco
4. Ausgroup
5. KS Energy
6. RH Petrogas
7. EMAS Offshore
8. Nam Cheong
9. Mencast
10. Loyz Energy
Not in any order of hierarchy, the above 10 stocks were highlighted by UOB Kay Hian in a research report as “facing significant financial concerns”.
The Singapore market report featuring this news is attached in the link below:
Singapore Market report on 10 O&M stocks
UOB Kay Hian is turning negative on the offshore and marine (O&M) sector, downgrading its rating to “underweight” on mounting liquidity pressure on the sector amid a prolonged downturn.
