Sheng Siong - RHB Research 2025-10-29: Poised For Long-term Growth; Maintain BUY

• We continue to like Sheng Siong (SGX:OV8) for its earnings growth momentum, strong cashflow generation, stable balance sheet, and good dividend payouts. Its newly announced Sungei Kadut facility is expected to support at least 120 stores eventually.
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Moving into a bigger facility.

• Sheng Siong has announced that it has accepted an offer for Jurong Town Corp or JTC to lease the land at Sungei Kadut Street 1 for 33 years to establish a new warehouse, distribution centre, and headquarters in replacement of its current facility located at the Mandai Link property. The land measures 61,297sq m with a maximum gross plot ratio of 2.50 – this is larger than its existing Mandai Link facility, which measures 25,005sq m with a maximum gross plot ratio of 2.50 as well.
• - Read this at SGinvestors.io -

Positioning for further growth.

• Read more at SGinvestors.io.

Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.

Read also RHB's most recent report:
2025-11-04 Sheng Siong - Store Count Outperforms; Stay BUY.

Price targets by 5 other brokers at Sheng Siong Target Prices.

Listing of research reports at Sheng Siong Analyst Reports.

Relevant links:
Sheng Siong Share Price History,
Sheng Siong Announcements,
Sheng Siong Dividend Payout Dates & Corporate Actions,
Sheng Siong News