Dyna-Mac - OCBC Investment 2023-09-25: Sailing The High Seas

• Dyna-Mac announced two memorandums of understanding (MOUs) in August 2023.

Additional fabrication capacity a positive for top-line growth

• The first is a two-year MOU with offshore marine services contractor Kim Heng Marine & Oilfield Pte Ltd, a wholly owned subsidiary of Kim Heng (SGX:5G2). This preferred partnership arrangement provides Dyna-Mac with the option to secure the use of Kim Heng’s yard facilities at agreed tariff rates, which will allow Dyna-Mac to take on more projects while minimising some volatility in terms of costs.
• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

Differentiated and future-proofed

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2024-10-25 Dyna-Mac - Accept The Offer.

Previous report by OCBC:
2024-09-12 Dyna-Mac - A Phoenix Risen From The Ashes Warrants A Greater Glow.

Price targets by other brokers at Dyna-Mac Target Prices.

Listing of research reports at Dyna-Mac Analyst Reports.

Relevant links:
Dyna-Mac Share Price History,
Dyna-Mac Announcements,
Dyna-Mac Dividend Payout Dates & Corporate Actions,
Dyna-Mac News