Far East Orchard likely to pull off "expansionary gambit": Maybank

Company well-positioned to support recent acquisition spree… Here’s more from Maybank Kim Eng: Overseas expansion. FEOR recently inked a non-binding MOU with Straits Trading Company (STC) to consider acquiring: (1) STC’s entire hospitality management business (including trademark rights to the “Rendezvous” and “Marque” brands); (2) 50% interest in three Australian hotels, namely Rendezvous Studio Hotel … Read more Far East Orchard likely to pull off "expansionary gambit": Maybank