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Revisions

Viva started on ‘buy’ by Religare

Broker's Calls

Viva started on ‘buy’ by Religare

Jude Chan Published on Fri, Feb 03, 2017 / 9:06 AM GMT+8

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SINGAPORE (Feb 3): Religare Institutional Research is initiating coverage on Viva Industrial Trust with a “buy” call and a target price of 90 cents.

This is on the back of VIT’s “strong growth potential from agile acquisitions and key business park assets, solid fundamentals, and undemanding valuations,” says Religare analyst Pang Ti Wee in a Wednesday Report.

(See Viva Industrial Trust announces 7.7% higher DPS of 1.76 cents)