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bullish

Suntec REIT

Suntec REIT (SUN SP): Tang's Offer Now Open

719 Views24 Dec 2024 03:38
This appears an obligatory MGO.  I wouldn't expect the Tangs to extend beyond the First Close.  Suntec is not expensive at 0.6x P/B. But I don't have a strong opinion to get involved on that basis.
What is covered in the Full Insight:
  • Introduction to Suntec REIT Offer
  • Details of Tang's Offer
  • Comparison with ESR Group Developments
  • Analysis of Offer Conditions and Market Reaction
  • Conclusion and Investment Outlook
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