bullish
Singapore Market Roundup (23-Dec-2024): OCBC lowers SingPost value after exec exits.
SUMMARY
- OCBC lowers SingPost fair value following departures of CEO and CFO, indicating concerns about company's leadership stability.
- DBS supports CDLHT's expansion into long-stay lodging by acquiring Liverpool PBSA, highlighting growth potential in this sector.
- DBS applauds OUE REIT's sale of Shanghai property, considering it a strategic move to optimize portfolio and maximize returns.
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