Singapore Stock Market News
Perennial Real Estate Holdings - Growing contributions from rental income
StockFanatic
Publish date: Mon, 09 Nov 2015, 02:14 PM
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■ Recurrent rental income from operating assets in China and Singapore underpinned 5QFY15 results.
■ Awaiting approvals for AEI and strata office unit sales in Singapore. Contributions from this activity will provide another earnings driver.
■ Maintain Add with target price of S$1.39.
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