Sydney

Broker's Calls

Why UOB is starting FLT at ‘buy’

SINGAPORE (Aug 3): UOB Kay Hian has initiated coverage for Frasers Logistics and Industrial Trust with a “buy” rating and a target price of $1.08.

Chiwayland acquires land parcel in Sydney to develop residential properties

SINGAPORE (June 30): Chiwayland International has acquired a 114,270 sq m land parcel in Penrith, Sydney, Australia for A$40 million ($40.1 million), with plans to develop 400 apartments and 364 townhouses on the site.
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Civmec secures $50.1 mil contracts in Aussie infrastructure projects

SINGAPORE (June 29): Civmec, the oil & gas and civil engineering company, has won a total of A$50 million ($50.1 million) in new contracts for major infrastructure projects in New South Wales, Australia.

Chiwayland gets endorsement to more than double floor space ratio for Parramatta project

SINGAPORE (June 16): Chiwayland International says it has received endorsement from Parramatta city council to more than double its floor space ratio for its project.
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