CGS-CIMB Research analyst Lock Mun Yee initiates an “add” rating on Capitaland Investment (CLI) with a target price of $4.59.Lock forecasts a 16% CAGR in operating Patmi before portfolio gains and revaluations over FY2021 ended December 2021 to FY2024, driven by growth in funds under management ...

Singapore REITs (SREITs) are seen as a safe haven when the yield curve flattens in a rising interest rate environment. Even amid market volatility, “the stars are aligned” for hospitality and office sectors, say DBS Group Research analysts Rachel Tan and Dale Lai.“While the SREITs are not spar...

CGS-CIMB is positive on CapitaLand Investment (CLI) post restructuring as it offers investors greater earnings visibility and higher return on equity.

THE leases of 3 properties belonging to Capitaland Integrated Commercial Trust (CICT) are being renewed with Temasek subsidiaries, triggering an interested persons transactions announcement.

On April 22, stapled security holders of CDL Hospitality Trusts (CDLHT) voted overwhelmingly to approve resolution 4, the implementation of a distribution reinvestment plan (DRP).In a 24- page circular on the rationale for DRP, CDLHT’s manager said: “the cash which would otherwise have been paya...

WITH Shanghai aiming to reopen from Jun 1, Singapore businesses caught in its protracted lockdown are gearing up for a long-awaited return to business as usual. However, given how the earlier plans for easing did not materialise, not all are confident of the latest timeline given by the auth...

WITH Shanghai aiming to reopen from Jun 1, Singapore businesses caught in its protracted lockdown are gearing up for a long-awaited return to business as usual. However, given how the earlier plans for easing did not materialise, not all are confident of the latest timeline given by the auth...

CapitaLand Investment’s (CLI) “solid” 1QFY2022 ended March revenue growth of 23% y-o-y signals positive trends, but analysts advise a prudent approach to the stock.UOB Kay Hian’s Adrian Loh is maintaining his “buy” call and target price of $4.13, while OCBC Investment Research has a “h...

SGListCos, an association for companies listed on both the mainboard and Catalist of the Singapore Exchange, has been formed. As described in its LinkedIn post, SGListCos describes itself as a body “set up by listcos for listcos”. The association’s pro-tem chairman is Chew Sutat, w...

The Singapore research team at UOB Kay Hian has added AEM, Keppel Corporation (Keppel Corp) and Singapore Post (SingPost) to its alpha picks portfolio for the month of May.“We add AEM due to it being a beneficiary of Intel’s aggressive capex plans while Keppel’s inclusion stems from the large ...