Coliwoo Holdings Likely Aims to Monetize More Assets -- Market Talk

Dow Jones2026/08/28 07:12

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

0712 GMT - Coliwoo Holdings likely aims to monetize more assets, CGS International analysts say in a research report. It announced in early August the sale and leaseback of Coliwoo Midtown, with the sale likely to crystallize around 24% gains over all-in cost, the analysts note. Management also says it's keen to divest its remaining owned portfolio to crystallize gains that are currently unrealized paper value. It hopes to complete sale of two properties in Singapore's River Valley by 4Q FY 2026. However, the brokerage cuts its FY 2027-2028 EPS estimates by 17% for the co-living space provider to partly reflect lower portfolio rental growth assumptions. It lowers the stock's target price to 0.69 Singapore dollar from S$0.74 with unchanged add rating. Shares are unchanged at S$0.49. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

August 28, 2026 03:12 ET (07:12 GMT)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Amid ongoing implementation of industry policies, Jiayin Tech has adapted to changing circumstances by accelerating strategic adjustments to its business structure, continuously optimizing its client base and business structure in areas such as customer acquisition, risk control, and operations. By the end of Q2, the company's cash and cash equivalents had risen significantly to 504 million RMB, strengthening its ability to weather industry cycles and ensuring solid development in the future.

智通财经•2026/08/28 10:26