To recap, GuocoLand through a joint venture (JV) with its parent company, Guoco Group, put in the top bid of $1.622 billion for the 99-year leasehold commercial site at the former Beach Road Police Station.
SINGAPORE (Oct 2): Maybank Kim Eng is reiterating its “buy” call on GuocoLand with an unchanged target price of $2.75, after the property developer last week emerged as the top bidder for a commercial site at Beach Road.
