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Boustead Singapore ( (SG:F9D) ) has issued an announcement.
Boustead Singapore Limited has submitted regulatory applications for a proposed REIT listing on the Singapore Exchange, involving its logistics and industrial real estate assets. The listing is contingent on market conditions and various approvals, and there is no certainty that the IPO will proceed. Stakeholders are advised to exercise caution.
The most recent analyst rating on (SG:F9D) stock is a Hold with a S$1.50 price target. To see the full list of analyst forecasts on Boustead Singapore stock, see the SG:F9D Stock Forecast page.
More about Boustead Singapore
Boustead Singapore Limited operates in the logistics and industrial real estate sector, focusing on managing and potentially selling its assets through strategic reviews. The company holds a significant stake in UIB Holdings Limited, which is involved in real estate investment trusts (REITs).
YTD Price Performance: 48.19%
Average Trading Volume: 868,413
Technical Sentiment Signal: Buy
Current Market Cap: S$723.6M
For an in-depth examination of F9D stock, go to TipRanks’ Overview page.