Saturday, October 19th, 2024

Day: October 3, 2024

Market UpdatesSingapore SGX stocks

SATS: Poised for Strong Earnings Growth Amid Shipping Disruptions and Strategic Partnerships

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October 3, 2024

Date of Report: 3 October 2024Broker: UOB Kay Hian Strong Earnings Momentum SATS is experiencing significant earnings momentum following a substantial improvement in its first quarter of FY2025. The company is expected to maintain...

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Market UpdatesSingapore SGX stocks

Seatrium: Leveraging Brazilian Opportunities for Growth in the Oil and Gas Sector

minichart
October 3, 2024

Date of Report: 3 October 2024Broker: UOB Kay Hian Strategic Presence in Brazil Seatrium (STM) is recognized for its long-term operational presence in Brazil, which is viewed as a significant competitive advantage. This two-decade...

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Market UpdatesSingapore SGX stocks

Sembcorp Industries: Strategic Acquisition Fuels Growth in Singapore’s Energy Sector

minichart
October 3, 2024

Date of Report: 3 October 2024Broker: UOB Kay Hian Strategic Acquisition of Senoko Energy Sembcorp Industries (SCI) is pursuing a strategic acquisition of a 30% stake in Senoko Energy, a key player in Singapore’s...

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Market UpdatesSingapore SGX stocks

Keppel DC REIT: Capitalizing on Growth with Strong Uptrend and Strategic Cloud Positioning

minichart
October 3, 2024

Date of Report: 3 October 2024Broker: UOB Kay Hian Current Trading Position Keppel DC REIT (KDCREIT) is currently positioned as a “Trading Buy.” The price is trading above the cloud, which indicates that the...

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Market UpdatesSingapore SGX stocks

Oversea-Chinese Banking Corp: Strategic Growth and Strong Dividend Commitment Enhance Investor Confidence

minichart
October 3, 2024

Date of Report: 3 October 2024Broker: UOB Kay Hian Dividend Policy Commitment Oversea-Chinese Banking Corp (OCBC) is committed to maintaining a dividend payout ratio of 50% going forward. This commitment is expected to provide...

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Market UpdatesSingapore SGX stocks

Mapletree Industrial Trust Expands in Japan with Strategic Acquisition and Redevelopment Potential

minichart
October 3, 2024

Date of Report: 3 October 2024Broker: UOB Kay Hian Acquisition of Mixed-Use Facility in West Tokyo Mapletree Industrial Trust (MINT) has entered into a sale and purchase agreement to acquire an effective interest of...

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Market UpdatesSingapore SGX stocks

Hanwha Group Maintains SGD 0.60 Offer for Dyna-Mac Amid Uncertainty

minichart
October 3, 2024

Report Date and Broker Date: 3 October 2024 Broker: Maybank Research Pte Ltd Offer AnnouncementDyna-Mac has received an offer from Hanwha Group to acquire shares at SGD 0.60 per share. This offer was detailed...

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Market Updates

Elite UK REIT Divests Sidlaw House with 41.7% Premium

minichart
October 3, 2024

Report Date and Broker Date: 3 October 2024 Broker: Maybank Research Pte Ltd Divestment AnnouncementElite UK REIT has entered into a contract for the sale of Sidlaw House in Dundee. The property is currently...

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Market UpdatesSingapore SGX stocks

CDL Set to Launch Norwood Grand with SGD1 Million Previews

minichart
October 3, 2024

Report Date and Broker Date: 3 October 2024 Broker: Maybank Research Pte Ltd Project Launch OverviewCDL is set to begin previews for its new Woodlands project, named Norwood Grand, on October 4, 2024. This...

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Market UpdatesSingapore SGX stocks

Sembcorp Secures $50.9M Settlement Amid Legal Resolution

minichart
October 3, 2024

Report Date and Broker Date: 3 October 2024 Broker: Maybank Research Pte Ltd Settlement UpdateSembcorp’s wholly-owned subsidiary, Sembcorp Cogen, has accepted an offer to settle a claim involving Lim Oon Kuin and two other...

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