Daily BriefsSingapore

Daily Brief Singapore: SGX Rubber Future TSR20, Suntec REIT, Tokyo Century Corp and more

In today’s briefing:

  • Farmers Lock Horns With Scientists Over Rubber Clone Yields In India
  • S-REITs kick off earnings season; Sabana REIT and Keppel DC REIT report double-digit jump in DPU so far
  • Institutions Net Buying, Stephen Riady Ups OUE Stake


Farmers Lock Horns With Scientists Over Rubber Clone Yields In India

By Vinod Nedumudy

  • Farmers say RRII 400 clone series performs below par  
  •  RRII Head rejects charges, tells farmers to follow guidance   
  •  Kerala farmers demand introduction of GM crops

S-REITs kick off earnings season; Sabana REIT and Keppel DC REIT report double-digit jump in DPU so far

By Geoff Howie

  • Sabana Industrial REIT reported a 26.5% year-on-year growth in 1Q25 DPU, with NPI and gross revenue increasing by 22.0% and 4.6% respectively.
  • Keppel DC REIT achieved a 14.2% year-on-year growth in DPU, driven by acquisitions and contract renewals, with NPI and gross revenue growing 24.1% and 22.6% respectively.
  • Keppel Pacific Oak US REIT experienced a 19.3% year-on-year decline in income available for distribution due to lower rental income.

Institutions Net Buying, Stephen Riady Ups OUE Stake

By Geoff Howie

  • Institutions were net buyers of Singapore stocks with a net inflow of S$217 million, reducing the 2025 outflow to S$1.77 billion.
  • United Overseas Bank led share buybacks with 1.4 million shares at S$33.34 each, totaling S$121.8 million.
  • OUE entered a joint venture with Tokyo Century for Hotel Indigo Changi Airport, aligning with its “asset right” strategy.

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