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Boustead Singapore Initiates Strategic Review of Logistics and Industrial Assets

Story Highlights
  • Boustead Singapore is reviewing its logistics and industrial assets for potential sale.
  • The review aims to explore options to enhance shareholder value, with no guaranteed outcome.
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Boustead Singapore Initiates Strategic Review of Logistics and Industrial Assets

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Boustead Singapore ( (SG:F9D) ) just unveiled an announcement.

Boustead Singapore Limited is conducting a strategic review of its logistics and industrial real estate assets in Singapore, which may include a potential sale to a real estate investment trust. This review is part of the company’s ongoing efforts to explore investment options and unlock shareholder value, though there is no guarantee of a transaction. Stakeholders are advised to exercise caution and seek professional advice before making any decisions regarding their shares.

More about Boustead Singapore

Boustead Singapore Limited operates in the logistics and industrial real estate sector, focusing on managing and investing in assets within Singapore. The company is involved in periodically reviewing its investments to enhance shareholder value.

YTD Price Performance: 20.39%

Average Trading Volume: 415,831

Technical Sentiment Signal: Buy

Current Market Cap: S$619.5M

See more data about F9D stock on TipRanks’ Stock Analysis page.

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