Stocks to Watch: Great Eastern, Suntec Reit, Intraco
Great Eastern announced the appointment of Andrew Khoo, an OCBC director, as its new chairman effective April 15, prompting a modest 0.76% share uptick. Suntec REIT’s manager, ESR Trust Management, received Monetary Authority of Singapore approval for a S$190 million acquisition by Gordon Tang’s Acrophyte Asset Management, with the deal slated to close on March 17, while the REIT’s units slipped 2.2% on the news. Intraco disclosed a force‑majeure event from a key supplier linked to the Middle‑East war, affecting roughly 18% of its subsidiary’s purchases, leaving its stock flat. These developments could reshape trading dynamics across insurance, real‑estate and industrial sectors.
Singapore’s Next Data-Centre Growth Wave Lies in AI Inference: Digital Realty
Digital Realty says the next wave of data‑centre growth in Singapore will be driven by AI inference, which requires low‑latency, high‑density infrastructure close to end‑users. Because Singapore faces tight land and power constraints, training workloads are expected to migrate to...
As Middle East Conflict Rages, DBS Urges SMEs to Hedge at Least Half Their FX Exposure – Not Time the...
DBS is urging Singapore‑based SMEs to hedge at least half of their foreign‑exchange exposure amid heightened volatility from the Middle‑East conflict. The bank’s SecureFX facility, which lets companies lock in rates up to US$1 million without credit lines, is already used...
UI Boustead Reit: A New Entrant in Singapore’s Industrial Reit Space
UI Boustead Reit will debut on the SGX mainboard on March 12, offering a S$1.9 billion portfolio of 23 logistics and industrial assets across Singapore and Japan. The portfolio, valued at a 1.0 times price‑to‑net‑asset‑value, delivers an 89.4% occupancy rate and a forecast distribution yield...
Yangzijiang Maritime Development Gets Shareholder Approval for Share Buyback at EGM
Yangzijiang Maritime announced that shareholders approved a share‑buyback mandate at its extraordinary general meeting, allowing the company to repurchase up to 10% of its issued shares. The resolution garnered votes representing roughly S$1.6 billion, or 99.9% of the shares present. The...
China to Inject 300 Billion Yuan Into State Banks, Deepen Reform of State Financial Firms
China announced a 300 billion yuan capital injection into state‑owned banks via a special treasury bond, coupled with deeper reforms of state financial firms. The move targets major lenders such as ICBC and Agricultural Bank of China to shore up capital...
UOBKH’s ‘Alpha Picks’ Outperform STI in February; Keppel, Singtel Added for March
UOB Kay Hian’s Alpha Picks portfolio outperformed the Straits Times Index in February, delivering a 3.9% equal‑weighted gain versus the STI’s 1.8% rise. The brokerage rebalanced for March, adding defensive large‑caps Huating Global, Keppel and Singtel while trimming exposure to...
Shares of Aspial Lifestyle up 6% on Proposed Transfer to SGX Mainboard
Aspial Lifestyle’s shares rose roughly 6% after the company announced a proposed transfer to the Singapore Exchange’s mainboard. The move is intended to broaden its access to equity and debt capital, appealing to institutional investors with mainboard mandates. Currently, only...
Q&M Dental Set to Acquire a Singapore Dental Group
Q&M Dental Group announced a non‑binding MOU to acquire 100% of an unnamed Singapore dental chain. The transaction will be funded through a mix of cash and newly issued ordinary shares, and includes a profit guarantee of up to S$34 million...
DBS China Captures 38% of Panda Bond Market in 2025; Secures Principal Underwriting License
DBS China participated in 65.8 billion yuan of Panda‑bond issuances in 2025, capturing a 38% share of the China Interbank Bond Market. The bank also received a principal underwriting licence for non‑financial corporate bonds, the most extensive authority granted by the...
Manulife Launches New Equity Income and Growth Strategy Under EQDP
Manulife Investments has launched the Singapore Opportunities Income Strategy under the Monetary Authority of Singapore’s Equity Market Development Programme. The fund will invest exclusively in Singapore‑listed equities, emphasizing small and mid‑cap stocks where research coverage is thin and valuation gaps...
UMS Buys Out Aluminium Alloy Products Supplier
UMS Integration has purchased the remaining 30 per cent stake in Starke Singapore for S$8.2 million, making the aluminium alloy supplier a wholly‑owned subsidiary. The deal will be financed through internal cash reserves and/or bank borrowings and is not expected to materially affect...
Reits that Don’t Trade Well Should Be Privatised, or Sell Assets and Be Liquidated
OUE Real Estate Investment Trust is weighing a sale of its flagship asset, One Raffles Place, which is priced between S$2.3 billion and S$2.4 billion. The trust holds an effective 68 percent interest, contributing roughly 25 percent of its portfolio revenue, yet trades S$0.56 below net...
Intermediaries See Shift to Fixed Income Ahead of Rate Cuts, Eye New Markets for Growth: BOS Survey
A Bank of Singapore survey of 90 senior intermediaries across Singapore, Greater China and Dubai shows a clear shift toward fixed‑income products as investors brace for anticipated rate cuts. One‑third of respondents expect rising demand for bonds, while alternative investments...
Liquidity and Capital – Institutional Participation Continues to Broaden Across SGX
Singapore Exchange’s listed equities posted an average daily turnover of S$1.7 billion in the first two months of 2026, reflecting heightened market activity. Institutional investors were net buyers in industrials, technology, materials and other sectors, while retail investors favored financial services,...
Wall St Muted After Anthropic Announces New AI Tools
Anthropic announced ten new AI plug‑in tools aimed at investment‑banking, private‑equity, engineering and design workflows. The rollout follows recent AI releases that sparked a sell‑off in traditional software stocks. Wall Street’s major indexes barely moved on the news, with the...
OUE Reit to Acquire a 19.9% Interest in Salesforce Tower in Sydney for S$175 Million
OUE REIT announced the acquisition of a 19.9% stake in Sydney’s Salesforce Tower for S$175 million, valuing the asset at roughly S$319.8 million. The deal is expected to generate an initial passing yield of about 5.8% and lift distribution‑per‑unit by 0.9% on...
Del Monte Pacific Reaches Settlement with US Unit’s Creditors, Is Not Expected to Recover Equity Interests
Del Monte Pacific announced a settlement with the creditors of its U.S. unit, Del Monte Foods, after a Chapter 11 court approved the sale of all operating assets. The deal, part of a broader restructuring, confirms a full $703.5 million impairment of the U.S....
Buffers for Greater China, US Exposures ‘More than Adequate’ as Bad-Debt Formation Slows in Q4: UOB
UOB's CFO Leong Yung Chee said the bank's provisions for commercial‑real‑estate exposures in Greater China and the United States are more than adequate as bad‑debt formation slowed in Q4 2025. Problematic US CRE loans represent about 1% of the local...
AIA, EPF Among Potential Cornerstone Investors for Sunway Healthcare’s RM3 Billion IPO: Sources
Sunway Healthcare Holdings is preparing a RM3 billion IPO, the largest in Malaysia in nearly a decade, with the prospectus slated for release later this week. The company is courting more than 20 institutions, targeting at least 17 cornerstone investors such...
Hollywood Merger Threatens Movie Theatres Just as They Recover
Netflix is pursuing a takeover of Warner Bros Discovery, a move that could reshape theatrical release windows just as cinemas rebound from pandemic‑induced losses. Analysts warn that a shorter exclusive‑theatre period would erode box‑office revenues for operators like AMC, Cinemark...
Indonesia Faces Record Share Sales to Meet Free-Float Goal
Indonesia must orchestrate a record‑size share sale to lift the free‑float of 267 listed firms to at least 15%, up from the current 7.5% floor. The Indonesia Stock Exchange estimates the required issuance will total about 187 trillion rupiah (approximately S$14 billion),...
The Dating Game: Why a CapitaLand-Mapletree Merger Could Turn Into a Marriage of Inconvenience
CapitaLand Investment reported a S$142 million H2 2025 loss, largely due to a drag from its China portfolio, while teasing a possible merger with Mapletree Investments. The combined entity could command roughly S$200 billion in assets, creating a headline‑grabbing real‑estate behemoth. However, the...
Yangzijiang Maritime to Hold EGM on Mar 6 on Proposed Share Buyback
Yangzijiang Maritime announced an extraordinary general meeting on 6 March to seek approval for a share‑buyback program covering up to 10% of its issued stock, roughly 348.9 million shares. The company set price caps of 105% for on‑market purchases and 120% for...
A RM11 Billion Takeover Battle Is Testing Malay Economic Clout. Malaysia PM Anwar Now Holds All the Cards
Prime Minister Anwar Ibrahim, also finance minister, controls the state‑owned stakes that own nearly half of IJM Corporation, putting him at the centre of Sunway Group’s RM11 billion (S$3.5 billion) takeover bid. The offer, seen as hostile, combines RM1 billion in cash with...
Barging Blindly Into Singapore’s Construction Boom Could Be a Bust for some Investors
Singapore’s construction sector has transformed into a high‑growth engine, propelled by a record S$53 billion contract pipeline and flagship projects like Changi Airport Terminal 5. The rally delivered construction‑related stocks returns exceeding 200 % in 2025, dwarfing the STI’s 22.7 % gain. Soilbuild Construction...
Singapore Stocks End Almost Flat Before Chinese New Year; STI Inches up 0.02%
Singapore’s market closed almost flat on Monday ahead of the Chinese New Year break, with the Straits Times Index edging up 0.02% to 4,938.58 points. Export data showed non‑oil domestic exports rose 9.3% year‑on‑year in January, missing Bloomberg’s 12% forecast...
Amova Bets on ‘New Singapore Sectors’ as MAS Expands EQDP
Amova Asset Management has been selected as one of six managers under Singapore’s expanded Equity Market Development Programme (EQDP), which grew to S$6.5 billion in the 2026 budget. The firm will roll out two new funds – the Singapore All Share...
AirAsia Chief Says Brand Unit Is Nearing Nasdaq Backdoor Listing
AirAsia founder Tony Fernandes announced that the airline’s branding unit is close to completing a Nasdaq backdoor listing, targeting a valuation of roughly US$1.5 billion. The merger with a US‑listed vehicle is expected to be announced within two months, with the...
A Lot of Bull: As STI Breaches 5,000, What More Can We Call For?
The Straits Times Index broke the 5,000‑point barrier on Feb 12 as Finance Minister Lawrence Wong presented Budget 2026, confirming JPMorgan’s bullish target from last year. The milestone follows a series of equity‑market reforms, including a S$1.5 billion top‑up to the Financial Sector...
Lum Chang Creations Receives SGX Nod for Mainboard Transfer From Catalist
Lum Chang Creations (LCC) received in‑principal approval from the Singapore Exchange to move its listing from the Catalist market to the mainboard. The approval follows a strong first‑half performance, with net profit soaring 104% to S$11 million. LCC, a spin‑off of...