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strategic review
Broker's Calls
GLP’s potential privatisation could be ‘strategic move’ for further asset control
SINGAPORE (Dec 2): UOB Kay Hian is maintaining its “buy” recommendation on Global Logistic Properties (GLP) with an unchanged target price of $2.40.
December 02, 2016
GLP says JPMorgan appointed to undertake strategic review
SINGAPORE (Dec 2): Global Logistic Properties (GLP) has acknowledged that it is undertaking strategic review following a request from its largest shareholder, GIC Real Estate, and has appointed JPMorgan as a financial adviser to assist in the review.
December 02, 2016
Broker's Calls
Strategic review puts Cambridge Industrial on hold
SINGAPORE (Oct 27): Cambridge Industrial Trust’s (CREIT) portfolio repositioning for the current downturn is leading DBS to maintain its “hold” call with a target price of 54 cents.
October 27, 2016
Hot Stock
Poh Tiong Choon shares tumble; triggering SGX query
SINGAPORE (Sept 26): Shares of Poh Tiong Choon Logistics fell sharply on Monday, triggering the Singapore Exchange to query the company for the unusual price movement.
September 26, 2016
Cacola to focus on luxury furniture market, proceed with rights issue
SINGAPORE (Sept 22): Cacola Furniture International will be embarking on a number of new measures to drive growth in its furniture manufacturing business, following an extensive review of its operations.
September 22, 2016
Broker's Calls
Cambridge Industrial Trust to see lower rent reversions
SINGAPORE (July 26): DBS Group Research has maintained its “hold” recommendation for Cambridge Industrial Trust, with a raised target price from 56 cents to 60 cents, after CIT reported its earnings for 2Q16 on Friday.
July 26, 2016