Wednesday, 2 November 2016

Stock Market Today : SingPost stays ahead of disruption with new ecommerce logistics hub .

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SINGAPORE (Nov 2): Maybank Kim Eng is keeping its "purchase" proposal on Singapore Post with an unaltered target cost of $1.77 taking after the dispatch of its new local ecommerce coordinations center. 

SingPost on Tuesday opened the $182 million office at Tampines Logistics Park. 

With an aggregate developed range of 553,000 sq ft, the three-story office houses two warehousing floors, 150 synchronous stacking coves and in addition an office piece. On the ground floor of the building is a completely computerized divide office with a limit of up to 100,000 bundles a day.

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  • Singpost
  • Sembcorp
  • Ascendas REIT

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