SINGAPORE (April 26): OCBC Investment Research is reiterating its “buy” call on Viva Industrial Trust (VIT) with a slightly lower fair value of 79.5 cents compared to 80 cents previously, following news of Jackson International Private Limited (JIPL) filing for liquidation.

JIPL, which provides rental income support for VIT’s Jackson Square property, had filed for liquidation due to the inability to continue its business, according to a filing by the trustee-managers of VIT to the SGX on Sunday.

(See also: Jackson Square integrated manager seeking liquidation: Viva Industrial REIT)

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