SINGAPORE (May 25): Maybank Kim Eng Research is keeping its “buy” call on Bukit Sembawang Estates (BS) with an unchanged target price of $8.55, representing an upside of 39% from its current trading price.

The target price is based on a 20% discount to Bukit Sembawang’s revalued net asset value (RNAV) of $10.71.

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