Monday, November 25th, 2024

Category: Market Updates

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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Market UpdatesSingapore SGX stocks

CapitaLand Ascott Trust Expands Portfolio with Strategic lyf Funan Acquisition, Boosting Growth Prospects

minichart
October 3, 2024

Date of ReportOctober 3, 2024 Broker NameMaybank Research Pte Ltd Overview CapitaLand Ascott Trust (CLAS) is a Singapore-based real estate investment trust (REIT) that focuses on income-producing hospitality properties and real estate-related assets. CLAS...

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Market UpdatesSingapore SGX stocks

Revitalized Growth: Mapletree Industrial Trust’s Strategic Acquisition Spurs Upgraded Outlook

minichart
October 3, 2024

Date: October 2, 2024Broker: Maybank Research Pte Ltd Company Overview Mapletree Industrial Trust (MINT SP) is the third-largest industrial sector S-REIT (Singapore Real Estate Investment Trust), managing a portfolio of 141 properties with an...

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Bursa KLSE stocksMarket Updates

DPS Resources Set for Strong Rebound with Promising Upside Potential

minichart
October 3, 2024

Date: Thursday, 3 October 2024Broker: UOB Kay Hian Securities (M) Sdn. Bhd. Company OverviewDPS Resources (DPS MK) is a company involved in various manufacturing and industrial operations, focusing on producing and distributing materials for...

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Bursa KLSE stocksMarket Updates

MSM Malaysia Holdings Poised for Bullish Breakout with Strong Upside Potential

minichart
October 3, 2024

Date: Thursday, 3 October 2024Broker: UOB Kay Hian Securities (M) Sdn. Bhd. Company OverviewMSM Malaysia Holdings (MSM MK) is a key player in the sugar refining industry in Malaysia, primarily involved in the production,...

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Bursa KLSE stocksMarket Updates

Top Glove Eyes Strong Recovery Amid Global Market Shifts and U.S. Tariff Boost

minichart
October 3, 2024

Date: Thursday, 3 October 2024Broker: UOB Kay Hian Securities (M) Sdn. Bhd. Company OverviewTop Glove Corporation Bhd is the largest glove manufacturer globally, supplying medical and industrial gloves. The company is listed on Bursa...

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Market Updates

Trip.com Boosted by Strong Travel Demand and International Expansion

minichart
October 3, 2024

Date of ReportThursday, 03 October 2024 Broker NameUOB Kay Hian Strong International and Outbound Travel DemandTrip.com is benefiting from robust international and outbound travel demand, which is driving momentum for the second half of...

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Market Updates

Tencent Set for Strong Growth with Gaming Rebound and AI Integration

minichart
October 3, 2024

Date of ReportThursday, 03 October 2024 Broker NameUOB Kay Hian Gaming Segment ReboundTencent’s domestic gaming revenue is experiencing a strong rebound, driven by the continued success of evergreen games and the incremental contribution of...

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