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An announcement from GuocoLand Limited ( (SG:F17) ) is now available.
GuocoLand (Malaysia) Berhad has announced the issuance of RM50.0 million in unrated Medium Term Notes (MTN) as part of a larger RM500.0 million MTN Programme. The proceeds from this issuance will be used to settle existing bank facilities and for working capital purposes, potentially strengthening the company’s financial position and operational flexibility.
The most recent analyst rating on (SG:F17) stock is a Buy with a S$2.30 price target. To see the full list of analyst forecasts on GuocoLand Limited stock, see the SG:F17 Stock Forecast page.
More about GuocoLand Limited
Average Trading Volume: 52,652
Technical Sentiment Signal: Hold
Current Market Cap: S$1.6B
See more insights into F17 stock on TipRanks’ Stock Analysis page.