External broker reports(aggregated public sources), KGI Securities Singapore

KGI Securities

External broker reports(aggregated public sources)

KGI Securities Singapore

We are a pioneer Securities & Derivatives, Trading and Clearing Member of Singapore Exchange as well as a pioneer member of ICE Futures Singapore & ICE Clear Singapore. We offer our valued clients round the clock (24 hour) single-touch point for multi-asset clients and 24 hour high-touch desk for global products. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Winking Studios Limited operates as a game art outsourcing studio. The Company provides complete end-to-end art outsourcing and game development services across various platforms for the video games industry. Winking Studios serves customers worldwide.

<ul><li>Inorganic growth strategy . Winking Studios Limited embarked on an inorganic growth strategy to bolster its sales volume.</li><li>This initiative culminated in the full acquisition of On Point Creative Co., Ltd. on 1 April 2024.</li><li>Aligned with the company's expansion objectives, this strategic move not only secure s two additional global game publishers as clients but also promises to amplify its top-line growth trajectory</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Inorganic growth strategy . Winking Studios Limited embarked on an inorganic growth strategy to bolster its sales volume.This initiative culminated in the full acquisition of On Point Creative Co., Ltd. on 1 April 2024.Aligned with the company's expansion objectives, this strategic move not only secure s two additional global game publishers as clients but also promises to amplify its top-line growth trajectoryContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Winking Studios Limited - Visualising the Future of Gaming

SIA Engineering Co Ltd provides airframe and component overhaul services, line maintenance and technical ground handling services. The Company also manufactures aircraft cabin equipment, refurbishes aircraft galleys, repairs and overhauls hydromechanical aircraft equipment.

<ul><li>Flight recovery to boost MRO serv ices and activities . Global air travel has been rebounding, approaching pre -pandemic levels as restrictions ease , with f light activities surging to around 78% of pre -pandemic levels.</li><li>Geopolitical uncertainties have also boosted air freight demand .</li><li>The aviation industry is expected to continue grow ing in 2024, leading to an increased demand for SIA Engineering‘s ( SIAEC ) Maintenance, Repair, and Overhaul (MRO) services.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Flight recovery to boost MRO serv ices and activities . Global air travel has been rebounding, approaching pre -pandemic levels as restrictions ease , with f light activities surging to around 78% of pre -pandemic levels.Geopolitical uncertainties have also boosted air freight demand .The aviation industry is expected to continue grow ing in 2024, leading to an increased demand for SIA Engineering‘s ( SIAEC ) Maintenance, Repair, and Overhaul (MRO) services.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

SIA Engineering Co. Ltd. - Capturing the Resurgence of Flight Activities

First Real Estate Investment Trust is a healthcare real estate investment trust. The Trust invests in and owns a diversified portfolio of healthcare and healthcare-related real-estate assets in Asia.

<ul><li>First REIT aims to be come Asi a’s premier healthcare trust, with more than 50% of Assets under Management in develop ed markets by FY27.</li><li>This strategy involves acquiring new properties in developed markets while strategically divesting non -core or mature assets in Indonesia.</li><li>Additionally, First REIT is well -positioned to benefit from strong demographic tailwinds, including the growing ag eing populations in Singapore and Japan, as well as Indonesia's expanding population, all of which will drive demand a nd revenue for its healthcare properties.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

First REIT aims to be come Asi a’s premier healthcare trust, with more than 50% of Assets under Management in develop ed markets by FY27.This strategy involves acquiring new properties in developed markets while strategically divesting non -core or mature assets in Indonesia.Additionally, First REIT is well -positioned to benefit from strong demographic tailwinds, including the growing ag eing populations in Singapore and Japan, as well as Indonesia's expanding population, all of which will drive demand a nd revenue for its healthcare properties.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

First REIT - Site Visit to Siloam Hospitals

Ever Glory United Holdings  / Equity Bottom-Up

Ever Glory United Holdings Limited operates as a holding company. The Company, through its subsidiaries, provides mechanical and electrical engineering services. Ever Glory United Holdings serves customers in Singapore.

<ul><li>Ever Glory United Holdings Limited and its subsidiaries are primarily engaged in the provision of mechanical and electrical (M&amp;E) engineering services.</li><li>Ever Glory United experienced significant growth in FY23.</li><li>Revenue jumped 69.7% YoY due to an increase in M&amp;E projects and a focus on securing higher -margin contracts.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Ever Glory United Holdings Limited and its subsidiaries are primarily engaged in the provision of mechanical and electrical (M&amp;E) engineering services.Ever Glory United experienced significant growth in FY23.Revenue jumped 69.7% YoY due to an increase in M&amp;E projects and a focus on securing higher -margin contracts.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Ever Glory United Holdings Ltd. - Powering Progress

Centurion Corporation Limited owns, develops and manages quality, purpose-built workers accommodation assets in Singapore and Malaysia, and purpose-built student accommodation assets in Singapore, Australia, the United Kingdom (“UK”), the United States (“US”) and South Korea.

<ul><li>Foreign worker dormitories and student accommodations continue to contribute to revenue growth.</li><li>Total revenue for 2H23 rose by 22% YoY from S$89.9mn to S$109.3mn.</li><li>Despite revenue growth being partially offset by the cessation of management contracts of two onboard centres in Singapore, 2H23 revenue still managed to grow 22% YoY, showing strength in its rental rate revisions and occupancy rates across its PBWAs and PBSAs. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Foreign worker dormitories and student accommodations continue to contribute to revenue growth.Total revenue for 2H23 rose by 22% YoY from S$89.9mn to S$109.3mn.Despite revenue growth being partially offset by the cessation of management contracts of two onboard centres in Singapore, 2H23 revenue still managed to grow 22% YoY, showing strength in its rental rate revisions and occupancy rates across its PBWAs and PBSAs. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Centurion Corp Ltd - Centre of Excellence.

We are a pioneer Securities & Derivatives, Trading and Clearing Member of Singapore Exchange as well as a pioneer member of ICE Futures Singapore & ICE Clear Singapore. We offer our valued clients round the clock (24 hour) single-touch point for multi-asset clients and 24 hour high-touch desk for global products.

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.