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KTL Offshore could be next to default on Soilbuild Business REIT: Phillip Capital

Michelle Zhu
Michelle Zhu • 2 min read
KTL Offshore could be next to default on Soilbuild Business REIT: Phillip Capital
SINGAPORE (Nov 10): Phillip Capital remains negative on the outlook of Soilbuild Business Space REIT as it maintains “reduce” on the REIT with a target price of 61 cents, which represents an implied FY17 P/NAV multiple of 0.86 times.
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