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Bright outlook for Uni-Asia's three pillars of growth

PC Lee
PC Lee3/16/2018 01:00 PM GMT+08  • 2 min read
Bright outlook for Uni-Asia's three pillars of growth
SINGAPORE (Mar 16): KGI Research is maintaining Uni-Asia at "buy" given the group is well positioned to ride growth in its three business segments and surprise dividend uplift.
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SINGAPORE (Mar 16): KGI Research is maintaining Uni-Asia at "buy" given the group is well positioned to ride growth in its three business segments and surprise dividend uplift.

In a Friday report, analyst Joel Ng says Uni-Asia has completed of its second and third Hongkong property and will invest in its fourth and fifth property in the city-state in 1H18.

An uplift in Uni-Asia's hotel business is also expected ahead of Tokyo 2020 Olympics and Rugby World Cup 2019 and the group is expected to operate 21 hotels with 2,952 rooms by 2019.

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