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Sheng Siong Group Ltd. ( (SG:OV8) ) has shared an announcement.
Sheng Siong Group Ltd. announced that its subsidiary, C M M Marketing Management Pte Ltd, has received a letter of offer from JTC Corporation for a 33-year lease of land at Sungei Kadut Street 1, Singapore. This strategic move could potentially enhance the company’s operational capabilities and market presence, although shareholders are advised to trade cautiously.
The most recent analyst rating on (SG:OV8) stock is a Buy with a S$2.50 price target. To see the full list of analyst forecasts on Sheng Siong Group Ltd. stock, see the SG:OV8 Stock Forecast page.
More about Sheng Siong Group Ltd.
Sheng Siong Group Ltd. is a Singapore-based company primarily operating in the retail industry. It is known for its chain of supermarkets offering a wide range of products, including fresh produce, groceries, and general merchandise, catering to the local market.
Average Trading Volume: 2,687,021
Technical Sentiment Signal: Buy
Current Market Cap: S$3.1B
See more data about OV8 stock on TipRanks’ Stock Analysis page.