Woodlands

Broker's Calls

This consumer stock offers 'unexciting growth', but excellent shelter in volatile times

SINGAPORE (June 28): OCBC is maintaining its “buy” call on Sheng Siong Group with an unchanged fair value estimate of $1.12, highlighting it as a defensive business in times of volatility given ongoing trade tensions between US and China as well as Eu

Property

Heeton to sell The Woodgrove for $55.9 mil

SINGAPORE (Dec 6): Heeton Estate, a wholly-owned subsidiary of Heeton Holdings, has agreed to sell development at 30 Woodlands Avenue 1, The Woodgrove, for $55.85 million to an undisclosed purchaser registered in Singapore.

Broker's Calls

Why Sheng Siong is likely to remain resilient amid keen competition

SINGAPORE (July 14): OCBC Investment Research continues to rate Sheng Siong Group (SSG) at “buy” with an unchanged fair value estimate of $1.15, pending the supermarket chain operator’s release of its 2Q17 results in the coming weeks.
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