In today’s briefing:
- JustCo Holdings Limited Initiating Coverage
- Japan’s Appetite Helps Propel Indonesia’s Rubber Exports Higher
- Green Link Digital Bank: Profitable Growth Led by Prudent Management (Update)
JustCo Holdings Limited Initiating Coverage
- JustCo has a visible regional base, with 54 Centres across 12 cities as of the prospectus reference date and approximately 37,500 workstations.
- FY2025 occupancy of 84% supports demand, and the 2029 ambition of more than 100 Centres gives a large growth frame.
- Those facts do not settle shareholder economics.
Japan’s Appetite Helps Propel Indonesia’s Rubber Exports Higher
Highlights
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Export earnings climb to US$242 million as prices strengthen
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US imports rise for second straight month to 24,000 tons
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China volumes remain near 14,000 tons despite export surge
- India produces the sharpest swings among the major destinations.
Green Link Digital Bank: Profitable Growth Led by Prudent Management (Update)
- Strong Growth Supported by Self-Sufficiency: Green Link Digital Bank (“GLDB”) has demonstrated strong operational advancement across mid-2026 corporate reporting cycles.
- Continued Market Development in SME Lending and AI Governance: In the past 6 months, the Singapore digital wholesale ecosystem experienced rapid structural maturity and heightened cross-segment competition, deeply impacting the strategic positioning of GLDB.
- Financial Trajectory Tempered by External Risk Factors (pvtIQ Metrics Evaluation): In the continuous pvtIQ SmartScore analysis evaluating GLDB from Jan-26 to Jun-26, the composite score exhibited a perfectly flat trajectory, holding steady at 4.0 as significant positive sub-component re-ratings were completely counterbalanced by parallel downward adjustments.

