Wednesday, May 4, 2011

SimLian

SimLian: To fully launch UB.1 an industrial dev of 11 storeys with a staff canteen 196 factory units and 83 warehouse units within walking distance to Tai Seng MRT. A preview phase recorded bookings of 118 units at $545psf. Co trades approx 3.5x current P/E vs hist avg of 4.3x.

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