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$Dyna-Mac (NO4.SG)$ Maybank Securities' Jarick Seet has main...

Maybank Securities' Jarick Seet has maintained his "buy" call and 46 cents target price on Dyna-Mac after Korean shipbuilder Hanwha Group emerged as a new substantial shareholder, taking over from Keppel.
Keppel, having exited the offshore and marine business, has been expected to gradually divest its remaining assets in this industry deemed non-core, including Dyna-Mac.
Dyna-Mac is expected to enjoy synergies with new substantial shareholder Hanwha, says Maybank Securities.
DM may enjoy more contract wins.
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