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Far East Orchard Ltd. ( (SG:O10) ) has shared an update.
Far East Orchard Limited has increased its stake in Homes for Students (HFS), a leading UK PBSA operator, to 84%, making it a subsidiary. This strategic move aims to enhance Far East Orchard’s lodging platform, drive operational efficiency, and expand its student accommodation portfolio in the UK, with plans to acquire the remaining stake by November 2030.
The most recent analyst rating on (SG:O10) stock is a Hold with a S$1.50 price target. To see the full list of analyst forecasts on Far East Orchard Ltd. stock, see the SG:O10 Stock Forecast page.
More about Far East Orchard Ltd.
Far East Orchard Limited is a company based in Singapore, primarily involved in the lodging industry. It focuses on purpose-built student accommodation (PBSA) and has a significant market presence in the United Kingdom.
Average Trading Volume: 192,233
Technical Sentiment Signal: Buy
Current Market Cap: S$618.6M
For detailed information about O10 stock, go to TipRanks’ Stock Analysis page.