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An update from Boustead Singapore ( (SG:F9D) ) is now available.
Boustead Singapore Limited’s Real Estate Solutions Division, through its subsidiary BP-Innovue Pte Ltd and a joint venture partner, has successfully secured a tender for the Tukang Innovation Drive Plot A site from JTC Corporation. This marks the first project for Boustead’s newly formed Pan-Asian logistics and industrial real estate platform, UIB. The site, which benefits from an extended lease tenure under the enhanced industrial land lease framework, will be developed into a multi-user industrial facility. Despite the project’s scale, it is not expected to significantly impact Boustead’s financial performance for the current fiscal year.
More about Boustead Singapore
Boustead Singapore Limited is a company listed on the SGX Mainboard, operating primarily in the real estate solutions sector. It is involved in the development and management of industrial and logistics properties, with a focus on the Pan-Asian market.
YTD Price Performance: 10.68%
Average Trading Volume: 359,503
Technical Sentiment Signal: Buy
Current Market Cap: S$565M
For a thorough assessment of F9D stock, go to TipRanks’ Stock Analysis page.