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COSCO Shipping International Singapore Co Ltd ( (SG:F83) ) has issued an update.
COSCO Shipping International Singapore Co Ltd’s associated company, PT Ocean Global Shipping Logistics, has entered into a lease agreement for land in Semarang, Indonesia, through its joint venture PT Global Terminal Marunda. The 10-year lease will facilitate the construction of facilities to enhance GTM’s container depot services, allowing it to offer more competitive and diversified services to its customers.
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 shipping and logistics industry, focusing on container depot, transportation, and warehousing services.
Average Trading Volume: 3,876,973
Technical Sentiment Signal: Sell
Current Market Cap: S$524M
For a thorough assessment of F83 stock, go to TipRanks’ Stock Analysis page.