Straits Times Index - CGS-CIMB Research 2021-03-08: Frasers Logistics & Commercial Trust Could Replace Jardine Strategic

Singapore Market Strategy - CGS-CIMB Research | SGinvestors.io FRASERS LOGISTICS & COMMERCIAL TRUST (SGX:BUOU) JARDINE STRATEGIC HLDGS LTD (SGX:J37) JARDINE MATHESON HLDGS LTD (SGX:J36)

Straits Times Index - Frasers Logistics & Commercial Trust Could Replace Jardine Strategic




Jardine Matheson’s acquisition of Jardine Strategic shares



Frasers Logistics & Commercial Trust the next likely candidate to replace Jardine Strategic on FSSTI in June





FSSTI end-2021 target at 3,140 points

  • Our end-2021 FSSTI target remains at 3,140 points, still based on 14.2x 12-month forward P/E.





LIM Siew Khee CGS-CIMB Research | https://www.cgs-cimb.com 2021-03-08
SGX Stock Analyst Report ADD MAINTAIN ADD 1.570 SAME 1.570
NOT RATED MAINTAIN NOT RATED 99998.000 SAME 99998.000
HOLD MAINTAIN HOLD 54.680 SAME 54.680



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