Broker Name: Maybank Research Pte Ltd
Date of Report: 7 January 2026
Excerpt from Maybank Research Pte Ltd report.
Report Summary
- Sea Ltd is upgraded to BUY after a significant correction, citing attractive risk-reward, Shopee’s strengthened ASEAN position, and monetisation upside by 2027. Garena’s risk is limited, and the target price is USD156.
- Singapore’s market in 2025 showed resilience amid uncertainty, with increased certainty in ROEs thanks to AI adoption, policy reforms, and rational competition benefiting select stocks like CICT, CD, CSE, GRAB, MLT, OCBC, SGX, SSG, and ST.
- GKE Corporation expands logistics operations in Dubai via a 20-year lease, aiming for operational stability and funded through internal, placement, and external sources.
- SGX announces a change in Chief Risk Officer, with succession already planned.
- Keppel Pacific Oak US REIT secures a loan facility, addressing 2026 refinancing needs, while Nanofilm Technologies obtains a loan for working capital in China.
Above is an excerpt from a report by Maybank Research Pte Ltd. Clients of Maybank Research Pte Ltd can be the first to access the full report from the Maybank Research website : https://www.maybank.com/investment-banking/
