SAC Capital

Independent Insight Provider

Equity Bottom-Up

<ul><li>MegaChem reported mixed financial results for 1H2025. </li><li>The Group’s 1HFY25 revenue declined slightly by 1.7% YoY to S$64.1 million, while gross profit improved 3.6% YoY to S$16.1 million.</li><li>The Group’s overall gross margin increased from 23.8% in 1HFY24 to 25.1% in 1HFY25. </li></ul>

MegaChem reported mixed financial results for 1H2025. The Group’s 1HFY25 revenue declined slightly by 1.7% YoY to S$64.1 million, while gross profit improved 3.6% YoY to S$16.1 million.The Group’s overall gross margin increased from 23.8% in 1HFY24 to 25.1% in 1HFY25. 

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Asia’s leading multi-asset exchange

Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

<ul><li>Institutions were net buyers of Singapore stocks with S$250 million inflow, led by DBS Group and Sembcorp Industries.</li><li>Keppel REIT raised S$113 million through a private placement to finance a 75% stake in Top Ryde City Shopping Centre.</li><li>ASL Marine Holdings entered a placement agreement for 41,104,000 shares at S$0.1703 each to support business expansion.</li></ul>

Institutions were net buyers of Singapore stocks with S$250 million inflow, led by DBS Group and Sembcorp Industries.Keppel REIT raised S$113 million through a private placement to finance a 75% stake in Top Ryde City Shopping Centre.ASL Marine Holdings entered a placement agreement for 41,104,000 shares at S$0.1703 each to support business expansion.

Placements Continue, SERT Buys Back Units 

Singapore Market Roundup, Singapore Market Roundup

Singapore Market Roundup

Thematic (Sector/Industry)

<ul><li>ISOTeam's FY2025 earnings disappoint; RHB lowers rating to 'neutral' from 'buy'</li><li>LHN’s Coliwoo spin-off boosts value; self-storage segment offers growth: UOBKH</li><li>SMIDs may outpace fundamentals; OCBC warns caution with ‘Next 50’ indices launch.</li></ul>

ISOTeam's FY2025 earnings disappoint; RHB lowers rating to 'neutral' from 'buy'LHN’s Coliwoo spin-off boosts value; self-storage segment offers growth: UOBKHSMIDs may outpace fundamentals; OCBC warns caution with ‘Next 50’ indices launch.

Singapore Market Roundup (26-Sep-2025): ISOTeam's FY2025 earnings fall short; RHB cuts rating to

Offering Senior Secured Loans, Kilde

Kilde

Offering Senior Secured Loans

Kilde connects family offices, funds, and accredited investors to investment-ready private credit deals in developed and emerging markets. We offer senior secured loans from last-mile lending companies with strong capitalization, a healthy balance sheet, and a capable management team.

<ul><li>Singapore’s chemical sector is very large versus its overall economy, comprising 18% of its manufacturing and 10% of total exports, and far ahead of its global economic weight for chemical exports, at about 4.0% of the world total, although its share of sector output and trade has trended down over a decade </li><li>The growth in the value of Singapore chemical production has been a magnified version of the global trend in recent years, with a global health crisis-induced slump in 2020 and surge in 2021, followed by a downtrend in 2022 and 2023, while there finally appears have been stabilization in 2024 with a muted recovery  </li><li>The prices of most major chemicals were relatively flat yoy in 2024 and have reverted to near 2019 levels after peaking between 2020-2022, while overall demand growth for many sectors in the global industry remained relatively slow and some segments are still facing substantial oversupply </li></ul>

Singapore’s chemical sector is very large versus its overall economy, comprising 18% of its manufacturing and 10% of total exports, and far ahead of its global economic weight for chemical exports, at about 4.0% of the world total, although its share of sector output and trade has trended down over a decade The growth in the value of Singapore chemical production has been a magnified version of the global trend in recent years, with a global health crisis-induced slump in 2020 and surge in 2021, followed by a downtrend in 2022 and 2023, while there finally appears have been stabilization in 2024 with a muted recovery  The prices of most major chemicals were relatively flat yoy in 2024 and have reverted to near 2019 levels after peaking between 2020-2022, while overall demand growth for many sectors in the global industry remained relatively slow and some segments are still facing substantial oversupply 

Singapore Chemicals: Stabilizing After Extended Volatility

<ul><li>Share buybacks by primary listed companies 10 Apr - 13 Apr 2023 DBS, OCBC, Singapore Technologies Engineering (ST Engg), CapitaLand Investment and Sembcorp Industries led the net institutional outflow.</li><li>There were 15 primary-listed companies conducting share buybacks over the four trading sessions through to Apr 13, with a total consideration of S$10.1 million.</li></ul>

Share buybacks by primary listed companies 10 Apr - 13 Apr 2023 DBS, OCBC, Singapore Technologies Engineering (ST Engg), CapitaLand Investment and Sembcorp Industries led the net institutional outflow.There were 15 primary-listed companies conducting share buybacks over the four trading sessions through to Apr 13, with a total consideration of S$10.1 million.

OCBC, ST Engg lead buybacks; TCA’s Francis Tjia adds to stake

Singapore

Megachem Limited distributes and trades chemicals and chemical-related products to industrial customers.  The Company also provides contract manufacturing of specialty chemicals to its customers' specifications and requirements.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Megachem Ltd (MGCM SP)

MegaChem - Reborn from Fire

MegaChem reported mixed financial results for 1H2025. The Group’s 1HFY25 revenue declined slightly by 1.7% YoY to S$64.1 million...

SAC Capital

Placements Continue, SERT Buys Back Units

Institutions were net buyers of Singapore stocks with S$250 million inflow, led by DBS Group and Sembcorp Industries. Keppel REIT raised S$113...

Singapore Exchange Ltd (SGX)

Singapore Market Roundup (26-Sep-2025): ISOTeam's FY2025 earnings fall short; RHB cuts rating to

ISOTeam's FY2025 earnings disappoint, prompting RHB to downgrade to 'neutral.' LHN's Coliwoo spin-off boosts value; self-storage offers growth,...

Singapore Market Roundup

Singapore Chemicals: Stabilizing After Extended Volatility

Singapore’s chemical sector is very large versus its overall economy, comprising 18% of its manufacturing and 10% of total exports, and far ahead...

Kilde

OCBC, ST Engg lead buybacks; TCA’s Francis Tjia adds to stake

Share buybacks by primary listed companies 10 Apr - 13 Apr 2023 DBS, OCBC, Singapore Technologies Engineering (ST Engg), CapitaLand Investment and...

Singapore Exchange Ltd (SGX)

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)