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Brokers' take

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Having held a general meeting yesterday to seek shareholders' approval for the acquisition of CWT Ltd, HNA Holding Group announced last evening its firm intention to make the voluntary conditional offer (VGO) for CWT now that all of the pre-conditions have been satisfied or waived (as the case may be).

CapitaLand > Buy
OCBC Research, Sept 8
Sept 8 close: S$3.70

Target price: S$4.13

CAPITALAND reports that it is investing about S$300m in Indonesia, South-east Asia's largest economy. The group's first integrated development in the country, The

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