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Singapore Exchange ( (SG:S68) ) has shared an announcement.
Coliwoo Holdings Limited has been listed on the SGX Mainboard under the stock code ‘W8W’, marking a significant milestone for the company. With a 19.5% market share and managing nearly 3,000 rooms, Coliwoo is poised to capitalize on the growing co-living sector in Singapore. The listing proceeds will support its growth strategy to add 800 rooms annually, aiming for nearly 4,000 rooms by the end of 2026. The company is encouraged by favorable market dynamics, including supportive government policies and demographic shifts towards flexible living, and plans to explore regional expansion while delivering sustainable value to shareholders.
The most recent analyst rating on (SG:S68) stock is a Buy with a S$20.00 price target. To see the full list of analyst forecasts on Singapore Exchange stock, see the SG:S68 Stock Forecast page.
More about Singapore Exchange
Coliwoo Holdings Limited is a leading co-living operator in Singapore, specializing in transforming underutilized properties into community-centric living spaces. Established in 2018 as a business segment of LHN Limited, it manages a diversified portfolio of 25 properties across high-demand locations in Singapore, offering a blend of private, fully furnished units with shared amenities.
Average Trading Volume: 2,149,878
Technical Sentiment Signal: Buy
Current Market Cap: S$18.29B
For an in-depth examination of S68 stock, go to TipRanks’ Overview page.