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Several growth opportunities lined up for Netlink NBN in near-term

Samantha Chiew
Samantha Chiew • 2 min read
Several growth opportunities lined up for Netlink NBN in near-term
SINGAPORE (Mar 20): OCBC Investment Research is maintaining its “buy” call on Netlink NBN Trust (NLT NBN) with an unchanged fair value estimate of 90 cents.
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SINGAPORE (Mar 20): OCBC Investment Research is maintaining its “buy” call on Netlink NBN Trust (NLT NBN) with an unchanged fair value estimate of 90 cents.

In a Wednesday report, analyst Joseph Ng says, “There were a number of topics from the recent Committee of Supply (COS) debate in Parliament that, in our opinion, serve to reiterate the longer term growth opportunities for NLT NBN.”

During the debate, Minister Lawrence Wong mentioned about Paya Lebar’s future, which will see about 800 hectares of land freed up for public and private housing, following the relocation of the existing airbase.

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