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Bukit Sembawang Estates' shares soar on research report
Published Thu, Mar 2, 2017 · 09:50 PM
Singapore
SHARES of Bukit Sembawang Estates surged on Thursday after a research house estimated that the property developer is worth S$7.55 a share, on the basis that the price of undeveloped land is marked to market.
On Thursday, DBS Group Research said in its report: "If we factor in its full development potential from its undeveloped landbank, excluding any potenti…
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