Singapore Market Roundup, Singapore Market Roundup

Singapore Market Roundup

Thematic (Sector/Industry)

<ul><li>UOBKH's Koh increases CICT target price to $3.06.</li><li>Analysts stay positive on ST Engineering; UOBKH's Chen lifts target price to $11.75.</li><li>DBS retains 'buy' rating and $12 target for CDL after Kwek Leng Peck's return.</li></ul>

UOBKH's Koh increases CICT target price to $3.06.Analysts stay positive on ST Engineering; UOBKH's Chen lifts target price to $11.75.DBS retains 'buy' rating and $12 target for CDL after Kwek Leng Peck's return.

Singapore Market Roundup (19-May-2026): Koh raises CICT target price to $3.06 at UOBKH.

CEO, A. Stotz Investment Research

Dr. Andrew Stotz, CFA

Quantamental Investing to beat Benchmarks

A. Stotz Investment Research

We pick stocks. We construct portfolios. All our effort is focused on how to better pick stocks and construct portfolios. We serve fund management companies, family offices, and high net worth individuals.

<ul>
<li>We highlight 14 stocks in Asia that look interesting to us based on our FVMR methodology</li>
<li>Portfolio changes: Five stocks remain, nine new join the fray</li>
<li>Since its inception, it has generated a before-fee total return of 312% versus the MSCI Asia ex Japan of 179%</li>
</ul>


We highlight 14 stocks in Asia that look interesting to us based on our FVMR methodology
Portfolio changes: Five stocks remain, nine new join the fray
Since its inception, it has generated a before-fee total return of 312% versus the MSCI Asia ex Japan of 179%


<ul><li>Investors question whether Singapore banks are overvalued.</li><li>Info-Tech Systems has strong potential for re-rating after post-IPO decline, CGSI says.</li><li>CGS International starts coverage on Centurion REIT, noting hidden value and growth potential.</li></ul>

Investors question whether Singapore banks are overvalued.Info-Tech Systems has strong potential for re-rating after post-IPO decline, CGSI says.CGS International starts coverage on Centurion REIT, noting hidden value and growth potential.

Singapore Market Roundup (22-Jan-2026): Investors doubt the valuation of Singapore banks.

Listed Real Estate Asia, KT Capital Group

Jacob Cheng

Listed Real Estate Asia

KT Capital Group

Principal investments and advisory firm that focuses on connecting the CIS countries with East Asia.

Principal investments and advisory firm

<ul>
<li>We think Singapore developers is at a sweet spot on the back of market recovery, stronger capital management and attractive valuation</li>
<li>Residential and office market are seeing solid recovery, on the back of steep rate decline.  Accelerated M&amp;As and buyback programs will further unlock value to shareholders</li>
<li>Sector is trading at 0.64x PB and 55% discount to RNAV, assuming mean version, this implies 72% and 60% upside to historical mean of 1.1x and 28% respectively</li>
</ul>


We think Singapore developers is at a sweet spot on the back of market recovery, stronger capital management and attractive valuation
Residential and office market are seeing solid recovery, on the back of steep rate decline.  Accelerated M&amp;As and buyback programs will further unlock value to shareholders
Sector is trading at 0.64x PB and 55% discount to RNAV, assuming mean version, this implies 72% and 60% upside to historical mean of 1.1x and 28% respectively


SG RE Developers: The Physical Market Recovery, Improved Capital Recycling, & Valuation Dislocation

<ul><li>Genting Singapore, Sanli Environmental, Marco Polo Marine, Suntec REIT, CDL news.</li><li>RHB raises STI year-end target to 4,690 and highlights top sector picks.</li><li>CapitaLand India Trust sees 10% growth in total and net property income in 3Q2025.</li></ul>

Genting Singapore, Sanli Environmental, Marco Polo Marine, Suntec REIT, CDL news.RHB raises STI year-end target to 4,690 and highlights top sector picks.CapitaLand India Trust sees 10% growth in total and net property income in 3Q2025.

Singapore Market Roundup (31-Oct-2025): Genting Singapore, Sanli, Marco Polo, Suntec REIT, CDL

Singapore

City Developments Limited (CDL) is a Singaporean multinational real estate operating company. It develops, owns, and manages a diversified portfolio of residential, commercial, and hospitality properties, including offices, hotels, serviced apartments, shopping malls, and integrated developments. CDL was founded on September 7, 1963, and is headquartered in Singapore.

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City Developments (CIT SP)

Singapore Market Roundup (19-May-2026): Koh raises CICT target price to $3.06 at UOBKH.

UOBKH raises CICT target to $3.06; ST Engineering's target up to $11.75. DBS maintains 'buy' and $12 target for CDL after Kwek Leng Peck's return.

Singapore Market Roundup

The Stocks to Own in Asia – Vol. 52

We highlight 14 stocks in Asia that look interesting to us based on our FVMR methodology. Portfolio changes: Five stocks remain, nine new join the...

A. Stotz Investment Research

Singapore Market Roundup (22-Jan-2026): Investors doubt the valuation of Singapore banks.

Investors doubt Singapore banks' valuations. Info-Tech Systems may see re-rating post-IPO decline, while CGS International highlights Centurion...

Singapore Market Roundup

SG RE Developers: The Physical Market Recovery, Improved Capital Recycling, & Valuation Dislocation

Singapore real estate developers are positioned for a re-rating, on the back of physical market recovery, accelerated M&As, as well as attractive...

Jacob Cheng

Singapore Market Roundup (31-Oct-2025): Genting Singapore, Sanli, Marco Polo, Suntec REIT, CDL

Genting Singapore, Sanli Environmental, Marco Polo Marine, Suntec REIT, and CDL news. RHB raises STI target to 4,690; CapitaLand India Trust...

Singapore Market Roundup

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