SINGAPORE (Mar 8): UOB Kay Hian has shortlisted a number of SGX-listed stocks as possible “go” plays for investors, with the potential to be privatised.

In a presentation obtained by The Edge Markets, UOB explains that the stocks were selected based on four criteria, namely: large owner or substantial-shareholder stakes; stock price at steep discount to net asset value; clean books and possibly in net cash; and those already engaged in talks for stake sale.

Of the 11 stocks identified, property groups GuocoLand, KSH Holdings and Ho Bee Land have been rated “buy” at target prices of $2.55, 69 cents and $2.82 respectively.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook