Stock Name: KepLand
Company Name: KEPPEL LAND LIMITED
Research House: CIMB
Company Name: KEPPEL LAND LIMITED
Research House: CIMB
CIMB in a Mar 16 research report says: "KepLand has put in the highest bid of $287 million or $502psf ppr for a GLS tender in Sengkang. The Sengkang site is located near a train station in an area with good upgrader demand. Based on recent ASPs, we expect the site to be profitable (estimated ASP of $950psf).
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