| Date | Analyst | Company | Last | Target | Call | Valuation |
| 08/31/17 | Amfrasers | First Sponsor | 1.37 | 1.62 | Not Rated | RNAV (25% discount) |
| 02/09/18 | Lim & Tan | First Sponsor | 1.41 | 0 | Buy | |
| 07/24/18 | DBS Vickers | First Sponsor | 1.25 | 1.62 | Buy |
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