Business
DBS initiates ‘buy’ call on Coliwoo Holdings amid growing Singapore co-living market
One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts DBS Group…
Tag
initiates
Business
RHB initiates ‘buy’ on Coliwoo amid rising expat, foreign student demand
The bank assigns it a target price of S$0.82, a 41% upside from its latest closing price of S$0.58 on Wednesday RHB has initiated coverage…
Business
Maybank initiates ‘buy’ coverage on Soon Hock with S$0.75 target
Maybank Research has initiated coverage on industrial real estate specialist Soon Hock Enterprise with a target price of S$0.75, citing…
Business
UOBKH initiates coverage on NTT DC Reit with ‘buy’, forecasts 41% upside
The analyst points out that the Reit has enjoyed a ‘steady rise’ in portfolio occupancy NTT DC Reit has the highest distribution yield…
Business
South Korea pension fund initiates new round of strategic FX hedging to support won
The won sharply reversed course on the news to rally as much as 1.6% to 1,458.0 per dollar South Korea’s national pension fund has…
Business
S Korea pension fund initiates new round of strategic FX hedging to support won
The won sharply reverses course on the news to rally as much as 1.6% to 1,458.0 per dollar South Korea’s national pension fund has…
Business
UOBKH initiates coverage on UltraGreen.ai with ‘buy’ on optimistic growth outlook
The company is well-positioned to benefit from potential growth in the fluorescence-guided surgery market, say UOBKH analysts UOB Kay Hian…
Business
UOB Kay Hian initiates coverage on Soon Hock, optimistic on its S$1 billion project pipeline
UOB also expects attractive dividend yields of 5.5% and 10% for 2025 and 2026, respectively UOB Kay Hian initiated coverage on industrial…
Business
RHB initiates coverage on Keppel Infrastructure Trust with ‘buy’ call
The analyst sets a target price of S$0.55 and says the trust should have a ‘modestly growing’ distribution profile RHB on Wednesday (Nov…
Business
Puma to cut 900 jobs globally by 2026, initiates business U-turn after sales declines
Shrinking market share, weak demand and US tariffs prompt Puma to warn of annual loss German sportswear maker Puma on Thursday (Oct 30)…
Business
OCBC initiates coverage on Info-Tech Systems with ‘buy’ call amid favourable growth trends
OCBC Investment Research has initiated coverage on Info-Tech Systems with a “buy” call, on account of favourable secular growth trends…
Business
TSMC cracks down on potential trade secret breach, initiates legal action
Taiwan Semiconductor Manufacturing Co (TSMC) said on Tuesday (Aug 5) it had launched legal proceedings and taken disciplinary action…
Business
UOBKH initiates coverage on Lum Chang Creations with “buy” call on strong growth outlook
UOB Kay Hian (UOBKH) has initiated coverage on Lum Chang Creations (LCC), assigning the interior fit-out business a “buy” call and a…
Business
Maybank initiates coverage on Sheng Siong with ‘buy’ call on DFI sale of Singapore supermarkets
Maybank has initiated coverage on supermarket operator Sheng Siong, assigning it a “buy” call and a target price of S$2.30. This…
Culture
Maybank initiates ‘buy’ call on Keppel DC Reit amid demand for AI adoption, cloud migration
Maybank Securities analyst Krishna Guha on Thursday (Jul 17) initiated a “buy” rating on Keppel DC Reit, with a target price of S$2.40,…
Business
Australia’s ASIC initiates probe into bourse operator ASX
RALIA’S securities regulator said on Monday that it has launched an investigation into Australian bourse operator ASX’s governance,…
Business
Phillip Securities initiates coverage on dividend-focused Reit ETF trading at ‘attractive’ valuation
Phillip Securities Research has initiated coverage on the Phillip SGX APAC Dividend Leaders REIT ETF (Pareits) with an “accumulate” call…
Business
Singtel initiates its first share buyback programme of up to S$2 billion; incorporates cloud business
The buyback will be delivered over the course of three years until financial year 2028 and involves the purchase of shares in the open…
Business
CGSI flags global expansion potential for Pop Mart, maker of Labubu toys; initiates coverage
[Hong Kong] CGS International (CGSI) has initiated coverage on Pop Mart’s stock with an “add” rating, citing the group’s transformation…
Business
Labubu maker Pop Mart flagged for global expansion potential; CGSI initiates coverage
[Hong Kong] CGS International (CGSI) has initiated coverage on Pop Mart’s stock with an “add” rating, citing the group’s transformation…
Business
Maybank initiates coverage on Centurion with ‘buy’ call with construction boom in Singapore expected
Maybank on Friday (Mar 28) initiated coverage of Centurion with a “buy” call, on optimism over the tighter supply of worker dormitory beds…
Business
Maybank initiates Parkway Life Reit at ‘buy’ with S$4.10 target on strong growth prospects
The analyst expects its acquisition in France, in-built rent escalation in Singapore to support DPU growth MAYBANK Securities has…
Business
Maybank initiates Parkway Life Reit coverage with ‘buy’ call, S$4.10 price target, on strong growth prospects
The analyst expects its acquisition in France, in-built rent escalation in Singapore to support DPU growth MAYBANK Securities has…
Business
UOBKH initiates ‘buy’ call on Oiltek with S$1.22 target price on strong order book
UOB Kay Hian (UOBKH) has initiated a “buy” call on vegetable and edible oil engineering process company Oiltek, with a target price of…