Wheelock Proeprties: Co. held an analyst briefing session. Notes as follow:
No updates on Privatization or new management - Mget remained tight lipped on any privatisation plans. The two executive directors and four independent directors will continue to oversee the ongoing operations until a new successor is identified.
Other notable notes are dividend to remain stable at 6c, SG to remain as key focus market for acquisitions, Fuyang site to be launched in 2013 and steady performance across its investment portfolio.
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