Research from SooChow CSSD Capital Markets (Asia), SCCM Asia Research

SCCM Asia Research

Research from SooChow CSSD Capital Markets (Asia)

Headquartered in Singapore, SooChow CSSD Capital Markets (Asia) is an investment bank focusing on emerging growth companies across Asia, providing a full suite of investment banking services, including corporate finance, mergers and acquisitions advisory, equity capital markets, institutional equities sales and trading and equities research.

SooChow CSSD Capital Markets (Asia)

Equity Bottom-Up

Adhi Commuter Properti / Equity Bottom-Up

<ul><li>CBD Grade A office rents rose +2.9% QoQ in 3Q22; Climbing towards record high in 2008</li><li>Keppel Corporation (KEP) increases stake in Malaysian DC asset post put option exercise</li><li>Serene Centre on market at reserve price of S$120m; Sultan Plaza to lower reserve price</li></ul>

CBD Grade A office rents rose +2.9% QoQ in 3Q22; Climbing towards record high in 2008Keppel Corporation (KEP) increases stake in Malaysian DC asset post put option exerciseSerene Centre on market at reserve price of S$120m; Sultan Plaza to lower reserve price

ASEAN Builder's Scoop (29Sep22) - CBD Grade-A Office Rents Surpassed Pre-Pandemic Peak

Indonesia

PT Adhi Commuter Properti provides construction services. The Company develops and manages transportation-based properties. Adhi Commuter Properti serves customers in Indonesia.

Adhi Commuter Properti (ADCP IJ)

ASEAN Builder's Scoop (29Sep22) - CBD Grade-A Office Rents Surpassed Pre-Pandemic Peak

KEP increases stake in Malaysian DC asset; ADCP in JV with Hyundai for TOD projects; Phils BPO still bullish on growth; CBD Grade A office rents...

SCCM Asia Research