Singapore Stock Market News

GuocoLand - Company visit note

StockFanatic
Publish date: Wed, 10 Jun 2015, 05:29 PM
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Multiple projects to come on stream
GuocoLand is a Singapore-listed real estate developer and manager with a focus on integrated developments across three core markets, namely Singapore, China and Malaysia. We met the company management recently. Management mentioned that the various integrated development properties, including Tanjong Pagar Centre in Singapore and two Guoson Centres in China, are currently on track for their completion in the next 12-18 months. According to management, these together with continuous residential sales across the markets, should see better earnings growth going forward. Management is also open to options that could help realize and unlock asset value.
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