Singapore Stock Market News

CWT Limited - From strength to strength

StockFanatic
Publish date: Mon, 12 Jan 2015, 12:19 PM
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■ Continued growth in Logistics segment and strong performance from Financial Services to lead CWT to a record year in 2014, with net profit of c.S$120m

■ Divestment of 835,000-sq ft CWT Logistics Hub 3 to boost earnings and balance sheet in 2015

■ Redevelopment of 2.4m-sq ft 47 Jalan Buroh by 2017 to ensure CWT's leading position in Singapore

Maintain BUY with S$2.08 target price
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