Roxy Pacific, Chip Eng Seng and Tuan Sing catch eye of CIMB, micro though they may be

SINGAPORE (Nov 6): CIMB have selected Chip Eng Seng, Roxy Pacific and Tuan Sing after a runup in the share prices of property stocks prompted the research house to broaden its search for value to include both the mid- and smaller-cap property companies.

CIMB says these companies have predominant exposure across the various property and hospitality segments in Singapore but have also diversified into the Asia-Pacific region. Some have been actively replenishing their local residential landholdings while building recurrent income overseas.