19 Oct '15, 4am

GKE Corp – better years ahead? (16 Oct 15): Recently, I noticed that GKE Corp has garnered considerable media…

Recently, I noticed that GKE Corp has garnered considerable media attention after entering into a sales and leaseback agreement with Viva Industrial Trust for GKE’s existing headquarters cum warehouse property located at 30 Pioneer Road. Upon successful completion, GKE will receive S$45m in cash as consideration for the sale. This is almost on par with GKE’s current market capitalisation of S$51.9m! Coupled with the various on-going developments (see below), GKE seems to warrant a closer look.

Full article: http://thefinance.sg/2015/10/19/gke-corp-better-years-ahe...

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