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Here’s why OCBC likes Singapore Myanmar Investco’s new Yangon venture

Jude Chan
Jude Chan • 2 min read
Here’s why OCBC likes Singapore Myanmar Investco’s new Yangon venture
SINGAPORE (April 7): OCBC Investment Research is keeping its “buy” call on Singapore Myanmar Investco (SMI) with an unchanged target price of 97 cents.
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SINGAPORE (April 7): OCBC Investment Research is keeping its “buy” call on Singapore Myanmar Investco (SMI) with an unchanged target price of 97 cents.

This comes after the group on Thursday announced that it is starting retail and F&B operations in Junction City, an integrated development in Yangon, Myanmar.

With a five-year lease, the group is targeting to open up and operate up to 10 retail brands and F&B concepts in the retail & entertainment complex of Junction City.

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