| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/16/20 | UOB Kay Hian | Boustead | 0.78 | 0.92 | Buy | Sum of parts |
| 01/16/20 | UOB Kay Hian | Boustead Projects | 0.925 | 1.18 | Buy | RNAV (40% discount) |
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