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Wee Hur Holdings Establishes New PBSA Fund to Enhance Australian Market Presence

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Wee Hur Holdings Establishes New PBSA Fund to Enhance Australian Market Presence

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An update from Wee Hur Holdings Ltd. ( (SG:E3B) ) is now available.

Wee Hur Holdings Ltd. has announced the establishment of Wee Hur PBSA Fund III B (WHF3B) through its subsidiary, Wee Hur Capital Pte. Ltd. WHF3B is set up as a parallel fund to WHF3A, with a significant majority of ownership by independent parties contributing over A$5.9 million. This move strengthens Wee Hur’s investment strategy in the student accommodation sector, with implications for expanding its market presence in Australia.

The most recent analyst rating on (SG:E3B) stock is a Hold with a S$1.00 price target. To see the full list of analyst forecasts on Wee Hur Holdings Ltd. stock, see the SG:E3B Stock Forecast page.

More about Wee Hur Holdings Ltd.

Wee Hur Holdings Ltd. is a company incorporated in Singapore, operating through its subsidiaries in various sectors. The company is involved in real estate development and investment, focusing on projects such as purpose-built student accommodation (PBSA) in Australia.

Average Trading Volume: 6,105,485

Technical Sentiment Signal: Buy

Current Market Cap: S$657.3M

Find detailed analytics on E3B stock on TipRanks’ Stock Analysis page.

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