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GuocoLand Limited ( (SG:F17) ) has provided an announcement.
GuocoLand Limited, through its subsidiary GLL IHT Pte. Ltd., has announced the issuance of S$180,000,000 4.35% subordinated perpetual securities under its S$3,000,000,000 multicurrency medium-term note programme. The company has received a ruling from the Inland Revenue Authority of Singapore confirming that these securities qualify as debt securities, allowing holders to benefit from tax concessions under the Qualifying Debt Securities scheme, which may enhance the attractiveness of these securities to investors.
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: 207,827
Technical Sentiment Signal: Buy
Current Market Cap: S$1.93B
For an in-depth examination of F17 stock, go to TipRanks’ Overview page.