|Day's range||3.22 - 3.23|
|52-week range||3.14 - 4.08|
|PE ratio (TTM)||23.24|
|Earnings date||13 Jul 2017 - 17 Jul 2017|
|Dividend & yield||0.11 (4.76%)|
|1y target est||3.14|
Singapore Press Holdings recently announced that its consortium with JV partner Kajima Development has been awarded for $1.13b the HDB tender for a 99-year leasehold site at Upper Serangoon Rd. According to OCBC, this mixed site is part of the Bidadari Estate and the tender conditions state that, as part of the development the consortium has to build a 6k sqm community center, a 2.19k sqm neighborhood police center as well as a commercial bridge towards Bidadari Park and an underpass to connect to the bus interchange. More so, it noted that SPH has ample capital headroom for a greenfield development that could make divestment of the Seletar Mall more likely.
Singapore Press Holdings (SPH) and Kajima Development has submitted the top bid for a leasehold mixed development at Upper Serangoon Road, Woodleigh at a price of $1.13b. The bid was submitted by their subsidiaries Elara 1 Pte. Ltd. And Callisto 1 Pte. Ltd. The price is 1.2% above the second highest bid, submitted by a JV between Far East Civil Engineering and Sekisui House Ltd. There was a total of 12 bids submitted, including the winning bid.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Singapore Press Holdings Ltd. Here are 5 ETFs with the largest exposure to T39-SG. Comparing the performance and risk of Singapore Press Holdings Ltd. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower ... Read more (Read more...)