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Tuesday, July 28, 2015

Lum Chang

Considerations
  • 17 Feb: Announcement of Yishun mixed development valued at $487 million
  • Brings total contract value to $1 billion in 2015
  • director start buying back shares from Feb to Jun (after announcing contract win)
  • Latest buyback price is at $0.375
  • Increase of net cash from $79 million to $122 million in its 3rd Quarter Financial statements

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