MARKET UPDATES :
RHB Research is upbeat on Sunway Bhd’s continuous effort in unlocking its asset values.”Sunway announced its proposed disposal of Sunway Hotel Georgetown (RM74 million) and Wisma Sunway (RM60 million), worth a combined value of RM134 million, to Sunway REIT.”The four-star hotel has 250 rooms, the office has an net letatble area (NLA) of 172,000 square feet. The disposal will likely be completed in late Q2 2015
STOCK RECOMMENDATION :
BUY PETRONAS CHEML ABOVE 5.140 TARGET 5.170 5.210 5.260 SL 5.090
RHB Research is upbeat on Sunway Bhd’s continuous effort in unlocking its asset values.”Sunway announced its proposed disposal of Sunway Hotel Georgetown (RM74 million) and Wisma Sunway (RM60 million), worth a combined value of RM134 million, to Sunway REIT.”The four-star hotel has 250 rooms, the office has an net letatble area (NLA) of 172,000 square feet. The disposal will likely be completed in late Q2 2015
STOCK RECOMMENDATION :
BUY PETRONAS CHEML ABOVE 5.140 TARGET 5.170 5.210 5.260 SL 5.090
No comments:
Post a Comment