KSH Holdings - OCBC Investment 2017-09-27: Hosts Rock-climbing Championship At Sino-Singapore Health City

KSH Holdings - OCBC Investment 2017-09-27: Hosts Rock-climbing Championship At Sino-Singapore Health City KSH HOLDINGS LIMITED ER0.SI

KSH Holdings - Hosts Rock-climbing Championship At Sino-Singapore Health City

  • KSH reported that the 10th Chinese National Youth Rock Climbing Championship has officially commenced at the Mountain Climbing Training Centre & Outdoor Sports Centre in Gaobeidian, Hebei Province, China, which is part of the consortium’s Sino-Singapore Health City development project. 
  • The championship attracted more than 150 contestants from mainland China, Hong Kong, Macau and Taiwan, and the management team expects that the Sino-Singapore Health City will be a choice destination for national and world competitions which will attract tourists, sport broadcasters and outdoor sport lovers. 
  • The Sino-Singapore Health City project is being developed by a Singapore consortium consisting of KSH Holdings Limited, Oxley Holdings Limited, Lian Beng Group Limited, Heeton Holdings Limited and Zap Piling Pte Ltd.
  • Our fair value estimate of S$0.86 is adjusted to S$0.69 to reflect the recent bonus share issuance of one bonus share for every four existing shares. Maintain HOLD.




Eli Lee OCBC Investment | http://www.ocbcresearch.com/ 2017-09-27
OCBC Investment SGX Stock Analyst Report HOLD Maintain HOLD 0.69 Down 0.86



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