NRA Capital Pte Ltd

Written by: NRA Research Team

Thursday 17 Jul 2014

XMH Holdings - Plant Visit Notes

Plant visit leaves us more positive

We like that the company is in the centre of Singapore’s push to be a “data hub” in the region, with big name companies such as Microsoft, DLT, NTT and Tata Communications building datacentres here in Singapore. We keep our fair value and Neutral rating for now due to its Indonesian operations dragging group performance down in the short term.

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