Coliwoo

The portfolio consists of commercial units, serviced apartments, a hotel and student hostels

The property’s location in Changi Business Park provides access to an established corporate tenant base

They offer a way to invest in property and benefit from rental income, without having to deal with the restraints on short to mid-term stays

One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts

The bank assigns it a target price of S$0.82, a 41% upside from its latest closing price of S$0.58 on Wednesday

Estimated net proceeds of S$15.3 million will be used to repay working capital loans owed to LHN Group and for general working capital purposes

The group has declared a final dividend of S$0.02 per share

Rehau Building will be turned into a co-living space in this JV with Macritchie Developments

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 19):