$969m bid for suburban site in Jurong

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#15
Lee Kim Tah and Guthrie probably did not expect that they were sitting on gold mine when they first developed JP1.
Neither did I when I visited it as a chao recruit..haha..

I tend to believe that Capitaland probably had tried to buy JP but I doubt LKT and Guthrie will want to give up their crown jewel.

Next year, thanks to Capitaland, we probably will see another jump in fair value gain for both LKT and Guthrie.
Although it does not really improve the cash flow..
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RE: $969m bid for suburban site in Jurong - by yeokiwi - 27-05-2011, 02:19 PM

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