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GuocoLand Limited ( (SG:F17) ) has shared an update.
GuocoLand Limited’s subsidiary, GLL IHT Pte. Ltd., has successfully priced its S$200 million 2.30% notes due 2029 under its S$3 billion Multicurrency Medium Term Note Programme. The proceeds from this issuance will be utilized for general working capital and corporate needs, indicating a strategic move to bolster financial resources and potentially enhance operational capabilities. The notes are set to be listed on the Singapore Exchange, reflecting the company’s robust financial strategies and its commitment to maintaining a strong market position.
The most recent analyst rating on (SG:F17) stock is a Hold with a S$2.00 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 is a prominent player in the real estate industry, focusing on property development, investment, and management. The company operates primarily in Singapore and has a significant market presence in the region.
YTD Price Performance: 37.67%
Average Trading Volume: 324,923
Technical Sentiment Signal: Buy
Current Market Cap: S$2.23B
See more data about F17 stock on TipRanks’ Stock Analysis page.