SINGAPORE (Oct 10): RHB is maintaining its “Buy” call on Viva Industrial Trust with a target price of 97 Singaporean cents, following the trust’s decision to decline an offer to acquire a property from Ho Lee Group (HLG).
The property located in Ang Mo Kio (AMK) went for a consideration of S$300 million and includes key tenants such as Seagate, Wing Tai and Singapore Power.
This shows that the trust is prudent in...(click on link for full story on theedgesingapore.com)