Oxley Holdings

ST Engineering
Price target:
RHB “buy” $4.25
CGS-CIMB “buy” $4.00

RHB Group Research analyst Jarick Seet is maintaining his “buy” recommendation on Oxley Holdings with a lower target price of 27 cents from 29 cents previously, implying a 5% yield for the FY2021.

Ong Chih Ching, executive chairman of developer KOP, acquired one million shares on the open market on Jan 21 for $39,563, bringing her total stake in the company to just over 497

The overall sector winner is Centurion Corporation, which specialises in a growing niche area of real estate: owning and managing students’ and workers’ accommodations.

At 26 years old, Murly Manokharan listened as his friends grumbled about how the world property market, including Malaysia’s, was vibrant and moving.

UOB Kay Hian analysts Loke Peihao and Nicola Ho have maintained their “buy” call on Oxley Holdings with a lower target price of 37 cents from 48 cents previously.

Oxley Holdings registered losses of $296.3 million for 2H20 ended June, from the earnings of $62.5 million a year ago.

SINGAPORE (June 5): Oxley Holdings’ wholly-owned subsidiary Oxley Bright has disposed of its entire 18.77% stake in Galliard Group (Galliard) for a total consideration of £30 million (S$52.7 millio

The property developer has shored up its balance sheet after selling a commercial property for a handsome profit.

SINGAPORE (May 28): RHB Securities is maintaining its “buy” call on Oxley Holdings with a revised target price of 29 cents.