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Olive Tree Estates Limited ( (SG:1H2) ) has shared an update.
Olive Tree Estates Limited is planning to divest its interests in five joint-venture real estate projects in Vietnam to enhance liquidity and focus on stable income-generating assets. The company has faced challenges in securing financing and aims to reallocate capital strategically, reflecting difficulties in attracting institutional investment despite its mission-driven approach.
More about Olive Tree Estates Limited
Olive Tree Estates Limited is a Singapore-based company operating in the real estate industry, focusing on developing affordable housing in underserved markets within emerging economies. The company achieved B Corporation certification in May 2023, reflecting its commitment to social and environmental performance.
YTD Price Performance: -27.00%
Average Trading Volume: 43,571
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$8.46M
See more insights into 1H2 stock on TipRanks’ Stock Analysis page.