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Brokers' take

Published Fri, Apr 3, 2015 · 09:50 PM

mapletree logistics trust

Keppel Corp

Buy

April 2 close: S$8.95

Target price: S$11.10

RHB Research | April 2 |

Keppel Corp has secured 95.1 per cent of Keppel Land shares, just 0.4 per cent shy of being able to compulsorily acquire the minority shareholdings. Maintain "buy", with an unchanged sum-of-parts-based target price of S$11.10 (23 per cent upside). As such, it will pay S$4.38/share…

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