Broker Name: Maybank Research Pte Ltd
Date of Report: 17 October 2025
Excerpt from Maybank Research Pte Ltd report.
Report Summary:
- Sheng Siong Group is highlighted as a key beneficiary of Singapore’s construction boom, rising foreign workforce, and government support, with strong supermarket sales and expansion plans positioning it for multi-year growth.
- Lendlease Global Comm REIT is upgraded to BUY due to favorable conditions including lower interest rates, resilient retail sales, and improved capital management, resulting in raised distribution estimates and target price.
- UOL Group-led consortium secures a major land tender at Dorset Road, with development to be financed via borrowings and shareholder loans.
- GKE is conducting a strategic review of its infrastructure business in China to optimize its portfolio and enhance shareholder value.
- Hyphens Pharma expands its autoinjector pen partnership to Thailand and Cambodia, strengthening its Southeast Asia presence.
- Q & M Dental plans to acquire a major stake in a Thai dental clinic chain, supporting its entry into Thailand’s private dental market, with a profit guarantee structure included in the proposed deal.
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 Pte Ltd website : https://www.maybank.com/investment-banking/
