Sinarmas Land Limited ( (SG:A26) ) has issued an update.
Sinarmas Land Limited is currently facing scrutiny over its valuation approach for a privatization offer. W Capital Markets, the appointed independent financial advisor, has refuted criticisms from recent articles suggesting the company’s valuation methods are flawed. The articles argue that the valuation of Sinarmas Land’s shares is underestimated and that the unlisted assets have been unfairly discounted. W Capital Markets defends its use of the Sum-of-the-Parts valuation analysis, asserting it is appropriate given the company’s corporate structure and asset management.
More about Sinarmas Land Limited
YTD Price Performance: 1.61%
Average Trading Volume: 2,399,264
Technical Sentiment Signal: Sell
Current Market Cap: S$1.25B
For detailed information about A26 stock, go to TipRanks’ Stock Analysis page.