SINGAPORE (Aug 25): UOB Kay Hian is maintaining its “buy” call on GuocoLand with a target price of $2.80 as the group is a key beneficiary of property sector turnaround and rotational interest.

The group is well positioned to ride the property uptrend as it derives 70% of its value from the Singapore market.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook