PhillipCapital Stays ‘Buy’ On Wee Hur After Shareholders Approve Special Dividend

Edge

2025/05/06

Phillip Securities analyst Yik Ban Chong is maintaining "buy" on Wee Hur with an unchanged target price of 62 cents, or 55 cents ex-special dividend. This comes after shareholders approved resolutions to pay out total dividends of 7.8 cents per share, which includes special dividends from its Purpose Built Student Accommodation (PBSA) Fund I divestment.

The dividends will be paid on May 23 and the ex-date is May 7.

Wee Hur was recently awarded a new $236.4 million build-to-order (BTO) project. The BTO project is expected to last till 4Q2029. Wee Hur has thus increased its previous construction order book value by some 90% to $499.7 million.

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This comes after shareholders approved resolutions...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/brokers-calls/phillipcapital-stays-buy-wee-hur-after-shareholders-approve-special-dividend\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"E3B.SI","symbol_name":"伟合","start_time":0,"source_url":"https://www.theedgesingapore.com/capital/brokers-calls/phillipcapital-stays-buy-wee-hur-after-shareholders-approve-special-dividend","article_id":"1103478055","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1103478055","pubTimestamp":1746500403,"columns":[],"sourceInfo":{"source_id":"lsy1655096814160","name":"The Edge Singapore"},"weMediaInfo":null,"summary":"Phillip Securities analyst Yik Ban Chong is maintaining \"buy\" on Wee Hur with an unchanged target price of 62 cents, or 55 cents ex-special dividend. 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