In today’s briefing:
- Keppel Ltd: Part V – Transforming into a Global Asset Manager
- REIT Watch – 24 S-REITs confirm schedule for upcoming earnings season
- Gloves Power Sri Lankan Rubber Products Export Growth
- GKE Leads Actives in Early 2025, followed by Rex & Grand Venture Technology
- Centurion joint chairman David Loh raises his stake in the group
Keppel Ltd: Part V – Transforming into a Global Asset Manager
- Keppel’s Vision 2030, announced in May 2020, envisages that it would become a global asset manager and operator, with Funds Under Management (“FUM”) of S$200bn.
- In this report we are focusing on Keppel’s private funds, which account for 70% of its current FUM.
- Based on Keppel’s publicly released materials, Keppel’s strategy to reach their goal is separated into 3 key components.
REIT Watch – 24 S-REITs confirm schedule for upcoming earnings season
- Schedule of S-REITs Earnings or Business Updates Mapletree Logistics Trust 21-Jan After market Financial Results Keppel REIT 27-Jan After market Financial Results 28-Jan Before market Business Update.
Gloves Power Sri Lankan Rubber Products Export Growth
- Exports go up in Oct but slips in Nov over dismal tire show
- EDB focuses on auto component exports strengthening
- Exporters, manufacturers visit Thailand for updates and avenues
GKE Leads Actives in Early 2025, followed by Rex & Grand Venture Technology
- Multinational oil exploration and production company Rex International and precision engineering firm Grand Venture Technology have posted the next highest gains.
- Rex International recorded the highest net institutional inflow relative to market cap over the past 12 sessions, followed by Seatrium, Suntec REIT, LHN, and OKH Global.
- UtdHampsh Reit USD 0.27 -0.2 379 0.94 0.2% 7 MAINBOARD REITs.
Centurion joint chairman David Loh raises his stake in the group
- Over the five trading sessions from Jan 10 to Jan 16, institutions were net sellers of Singapore stocks, leading to net institutional outflow of S$184 million, reversing the S$103 million net inflow over the preceding five sessions.
- Stocks that led the net institutional outflow over the five sessions through to Jan 16 were DBS Group Holdings, CapitaLand Integrated Commercial Trust, Singapore Airlines, Singapore Exchange, Genting Singapore, Venture Corporation, Oversea-Chinese Banking Corporation, Hongkong Land Holdings, Centurion Corporation, and CapitaLand Ascendas REIT.
- Between Jan 14 and 15, Centurion Corporation Executive Director and Joint Chairman David Loh Kim Kang acquired 10 million shares in two married deals, at S$0.935 per share.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
