Chip Eng Seng

[ngcheeki]

Besides, the news on spin off of their construction arm. With the minimum of 4 cents dividends and the revaluation of park hotel @ Alexandra both expected to be in 4QFY2015, last traded price of 67.5 cents translated to dividend yield of 5.9% or more, and price to book of 0.57x and annualized pe of 6-7x. Furthermore, their 60% stake of 1,400 units of highpark residence is already 91.5% sold and revenue recognition will happen progressively for the next 2 to 3 years.

vested