Singapore Market Roundup, Singapore Market Roundup

Singapore Market Roundup

Thematic (Sector/Industry)

<ul><li>RHB predicts strong earnings growth for SGX in 1HFY2025 with interim DPS of 17.5 cents, indicating positive performance ahead.</li><li>DBS issues special dividend as UOB plans share buyback, showcasing strong financial health and confidence in future prospects.</li><li>CGSI forecasts DBS's 4QFY2024 net profit at $2.7 billion and quarterly dividend rising to 60 cents, suggesting continued profitability.</li></ul>

RHB predicts strong earnings growth for SGX in 1HFY2025 with interim DPS of 17.5 cents, indicating positive performance ahead.DBS issues special dividend as UOB plans share buyback, showcasing strong financial health and confidence in future prospects.CGSI forecasts DBS's 4QFY2024 net profit at $2.7 billion and quarterly dividend rising to 60 cents, suggesting continued profitability.

Singapore Market Roundup (16-Jan-2025): RHB predicts strong 1HFY2025 earnings growth for SGX.

<ul><li>RHB predicts SGX will experience strong earnings growth in 1HFY2025, with a 17.5 cents interim DPS.</li><li>CGSI forecasts DBS's 4QFY2024 net profit to reach $2.7 bil, expecting dividend to rise to 60 cents.</li><li>UOBKH sees potential in US office S-REITs for investors and projects increased revenue and adjusted patmi for SGX in 1HFY2025.</li></ul>

RHB predicts SGX will experience strong earnings growth in 1HFY2025, with a 17.5 cents interim DPS.CGSI forecasts DBS's 4QFY2024 net profit to reach $2.7 bil, expecting dividend to rise to 60 cents.UOBKH sees potential in US office S-REITs for investors and projects increased revenue and adjusted patmi for SGX in 1HFY2025.

Singapore Market Roundup (15-Jan-2025): RHB predicts strong earnings growth for SGX in 1HFY2025 with 17.5 cents interim DPS.

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

<ul>
<li>In this note, we will take a look at the Asia Pacific IPO pipeline for 2025, with a look at ASEAN, ANZ and ADRs. </li>
<li>This list has been compiled on a best effort basis from tracking the company filings and through various other sources.</li>
<li>The deals you see in this note are only a part of our full IPO pipeline tracker. Feel free to drop us a message for additional information on these IPOs.</li>
</ul>


In this note, we will take a look at the Asia Pacific IPO pipeline for 2025, with a look at ASEAN, ANZ and ADRs. 
This list has been compiled on a best effort basis from tracking the company filings and through various other sources.
The deals you see in this note are only a part of our full IPO pipeline tracker. Feel free to drop us a message for additional information on these IPOs.


Aequitas 2025 Asia IPO Pipeline - ASEAN, ANZ, ADRs

<ul><li>CGSI raises Pan-United TP to 75 cents due to positive industry outlook, potential for growth in the market.</li><li>UOBKH reduces target price on ConfortDelGro due to rising platform fees and competition, causing concerns for future profitability.</li><li>UOBKH highlights US office S-REITs offering attractive valuations and predicts increased revenue and patmi for SGX in 1HFY2025, while RHB reaffirms 'buy' rating for Marco Polo Marine. Morningstar increases target prices for Singapore banks, suggesting a bullish outlook for the sector.</li></ul>

CGSI raises Pan-United TP to 75 cents due to positive industry outlook, potential for growth in the market.UOBKH reduces target price on ConfortDelGro due to rising platform fees and competition, causing concerns for future profitability.UOBKH highlights US office S-REITs offering attractive valuations and predicts increased revenue and patmi for SGX in 1HFY2025, while RHB reaffirms 'buy' rating for Marco Polo Marine. Morningstar increases target prices for Singapore banks, suggesting a bullish outlook for the sector.

Singapore Market Roundup (14-Jan-2025): CGSI raises Pan-United TP to 75 cents for industry outlook.

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 banks are earning record profits, driven by elevated net interest margins and rising fee income.</li>
<li>Assets under management (AUM) grew significantly in 2024 for Singapore’s banks. DBS leads with S$401bn of AUM as of 3Q24 (+13.6% YoY), while OCBC reported S$284bn of AUM (+5.2% YoY), and UOB reached S$186bn.</li>
<li>Total non-interest income for DBS, OCBC, and UOB in 3Q24 rose 29% YoY to over S$5bn combined.</li>
</ul>


Singapore banks are earning record profits, driven by elevated net interest margins and rising fee income.
Assets under management (AUM) grew significantly in 2024 for Singapore’s banks. DBS leads with S$401bn of AUM as of 3Q24 (+13.6% YoY), while OCBC reported S$284bn of AUM (+5.2% YoY), and UOB reached S$186bn.
Total non-interest income for DBS, OCBC, and UOB in 3Q24 rose 29% YoY to over S$5bn combined.


Singapore Banks: Singapore’s Financial Powerhouses Capitalizing on the City’s Continued Rise

Singapore

Oversea-Chinese Banking Corporation Limited offers a comprehensive range of financial services.  The Company's services include deposit-taking, corporate, enterprise and personal lending, international trade financing, investment banking, private banking, treasury, stockbroking, insurance, credit cards, cash management, asset management and other financial and related services.

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OCBC (OCBC SP)

Singapore Market Roundup (16-Jan-2025): RHB predicts strong 1HFY2025 earnings growth for SGX.

RHB predicts strong earnings growth for SGX in 1HFY2025, while DBS issues special dividend, UOB plans share buyback, and CGSI predicts positive...

Singapore Market Roundup

Singapore Market Roundup (15-Jan-2025): RHB predicts strong earnings growth for SGX in 1HFY2025 with 17.5 cents interim DPS.

RHB predicts strong earnings growth for SGX in 1HFY2025, while DBS issues special dividend and UOB announces share buyback ahead of FY2024 results...

Singapore Market Roundup

Aequitas 2025 Asia IPO Pipeline - ASEAN, ANZ, ADRs

In this note, we will take a look at the Asia Pacific IPO pipeline for 2025, with a look at ASEAN, ANZ and ADRs, after having looked at HK, India,...

Sumeet Singh

Singapore Market Roundup (14-Jan-2025): CGSI raises Pan-United TP to 75 cents for industry outlook.

CGSI raises Pan-United TP, UOBKH reduces ConfortDelGro target price, UOBKH touts US office S-REITs, predicts SGX growth, RHB bullish on Marco Polo...

Singapore Market Roundup

Singapore Banks: Singapore’s Financial Powerhouses Capitalizing on the City’s Continued Rise

Singapore banks are earning record profits, driven by elevated net interest margins and rising fee income. Assets under management (AUM) grew...

Kilde

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