Dyna-Mac Holdings

Dyna-Mac Holdings: FY12 results was in-line with Estimate. Net profit at $28.4m (+56.5%). In separate SGX announcements, the group disclosed that its COO will be re-designated as Chief Corporate and Technical Officer “in line with his intention to take on a less demanding role due to his age and health”. OCBC puts its Buy Rating of $0.57 on review, pending mgt meeting.