Monday, November 25th, 2024

Category: Market Updates

Dyna-Mac Stays in Play as Hanwha Group Maintains SGD0.60 Offer for Shares

Date of Report: October 3, 2024Broker: Maybank Research Pte Ltd Offer Document Announcement Dyna-Mac (DMHL) has released an offer document dated October 2, 2024, regarding the ongoing acquisition negotiations with Hanwha Group. Offer Price...

Elite UK REIT Divests Sidlaw House for 41.7% Premium Amid Strategic Portfolio Shift

Date of Report: October 3, 2024Broker: Maybank Research Pte Ltd Divestment Announcement Elite UK REIT has announced the divestment of Sidlaw House, located in Dundee, as part of its strategic portfolio management. Sale Details...

CDL Unveils Norwood Grand: New Luxury Condominium in Woodlands

Date of Report: October 3, 2024Broker: Maybank Research Pte Ltd Launch of Norwood Grand City Developments Limited (CDL) is set to commence previews for its new residential project, Norwood Grand, located in Woodlands, Singapore....

Sembcorp Secures $50.9M Settlement Amid Ongoing Recovery Efforts

Date of Report: October 3, 2024Broker: Maybank Research Pte Ltd Subsidiary Settlement Sembcorp’s wholly-owned subsidiary, Sembcorp Cogen, has accepted an offer to settle a claim of USD50.9 million (SGD65.5 million) from Lim Oon Kuin...

Sands China (1928 HK) Eyes Market Share Gains with Londoner Macao Resort Ahead of Golden Week

Date: 3 October 2024Broker: MIB Securities (Hong Kong) Ltd Overview of Sands China (1928 HK) Sands China is a leading player in Macau’s gaming and hospitality industry. The company recently opened the Londoner Macao...

Poly PPT Ser (6049 HK) Set for Sustainable Growth and Dividend Upside Amid Property Market Easing

Date: 3 October 2024Broker: MIB Securities (Hong Kong) Ltd Overview of Poly PPT Ser (6049 HK) Poly Property Services (Poly PPT Ser) is highlighted as one of the top property management companies poised for...

Yuexiu Property (123 HK) Positioned for Gains with Strong Focus on Tier-1 City Housing Market

Date: 3 October 2024Broker: MIB Securities (Hong Kong) Ltd Overview of Yuexiu Property (123 HK) Yuexiu Property is identified as one of the property developers with high exposure to Tier-1 cities, making it a...

CR Land (1109 HK) Primed for Growth with High Exposure to Tier-1 City Property Market Easing

Date: 3 October 2024Broker: MIB Securities (Hong Kong) Ltd Overview of CR Land (1109 HK) China Resources Land (CR Land) is identified as one of the preferred state-owned enterprises (SOEs) in the property sector,...

COLI (688 HK) Positioned for Stable Growth Amid Tier-1 City Property Market Recovery

Date: 3 October 2024Broker: MIB Securities (Hong Kong) Ltd Overview of COLI (688 HK) China Overseas Land & Investment Ltd. (COLI) is recognized as one of the top state-owned enterprises (SOEs) in the Chinese...

BEKE-W (2423 HK) Set to Benefit from Improved Sentiment in China’s Physical Property Market

Date: 3 October 2024Broker: MIB Securities (Hong Kong) Ltd Overview of BEKE-W (2423 HK) BEKE-W is highlighted as a key beneficiary in the property sector, specifically among property agencies, following recent easing measures introduced...