December 09, 2014 1:43 AM
FOOD and beverage counter Yeo Hiap Seng (YHS), which also develops properties, announced yesterday that its group chief executive, Mr Tjong Yik Min, will retire on April 30 next year.
Maybank Kim Eng initiated coverage of Yeo Hiap Seng Ltd with a 'buy' rating and a target price of S$2.25, on expectations of improving profitability and its exposure to the attractive food and beverage sector.
By 0201 GMT, Yeo Hiap Seng...
SINGAPORE : Singapore-listed food and beverage (F&B) manufacturer Yeo Hiap Seng has reported a 15.9 per cent fall in its second-quarter earnings, due largely to a decline in profitability in its F&B division.
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