SUBSCRIBERS

Brokers' take

Published Thu, Jun 13, 2019 · 09:50 PM

Oxley Holdings | Buy (initiate) June 13 close: S$0.32 Target price: S$0.41 RHB Research Institute, June 13

Oxley Holdings is likely to be able to pare down debts despite the market pricing it otherwise. Oxley has S$2.18 billion of debts expiring by 2020.

However, the majority comprise property loans, which can easily be refinanced. Only S$450 million of its retail bond needs to be paid by 2020.

In addition, it also has 237 million euros (S$365.6 million) co…

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here