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An announcement from GuocoLand Limited ( (SG:F17) ) is now available.
GuocoLand Limited announced that its subsidiary, GLL IHT Pte. Ltd., has successfully priced an offering of S$120 million in 4.35% subordinated perpetual securities. This issuance, part of a larger S$3 billion multicurrency medium-term note program, will consolidate with a previous issuance to form a single series. The securities, managed by CIMB Bank Berhad and Oversea-Chinese Banking Corporation Limited, aim to strengthen the company’s financial structure and provide flexibility in capital management.
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
GuocoLand Limited operates in the real estate industry, focusing on property development, investment, and management. It offers a range of residential, commercial, retail, and hospitality properties, primarily targeting markets in Singapore, China, and Malaysia.
YTD Price Performance: 5.48%
Average Trading Volume: 66,624
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$1.71B
For a thorough assessment of F17 stock, go to TipRanks’ Stock Analysis page.