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COSCO Shipping Advances Jurong Island Logistics Hub Phase II

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COSCO Shipping Advances Jurong Island Logistics Hub Phase II

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COSCO Shipping International Singapore Co Ltd ( (SG:F83) ) has shared an announcement.

COSCO Shipping International Singapore Co Ltd has announced a significant milestone in the development of its Jurong Island Logistics Hub Phase II, with the completion of piling work and the construction of a retention tank basin. This progress paves the way for the next construction phase, which includes ground slab casting and the installation of a Lightning Protection System. The advancement of these projects is expected to strengthen the company’s logistics capabilities and industry positioning.

The most recent analyst rating on (SG:F83) stock is a Hold with a S$0.12 price target. To see the full list of analyst forecasts on COSCO Shipping International Singapore Co Ltd stock, see the SG:F83 Stock Forecast page.

More about COSCO Shipping International Singapore Co Ltd

COSCO Shipping International Singapore Co Ltd operates in the logistics and shipping industry, focusing on providing integrated logistics services. The company is involved in the development and management of logistics infrastructure, such as the Jurong Island Logistics Hub, to enhance its service offerings and market presence.

Average Trading Volume: 2,884,136

Technical Sentiment Signal: Strong Sell

Current Market Cap: S$532.9M

For detailed information about F83 stock, go to TipRanks’ Stock Analysis page.

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