Brokers' take: CGS-CIMB raises TP for Elite Commercial Reit to 83 pence

CGS-CIMB has raised the target price for Elite Commercial Real Estate Investment Trust (Reit) to 83 pence (S$1.55) from 79 pence previously, after the Reit on Friday announced a proposed listing of its wholly-owned subsidiary on The International Stock Exchange (TISE).


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