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𝗟𝗮𝘁𝗲𝘀𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝘁𝘀' 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸! 🔑 New Insights from Research Houses: 1️⃣ Maybank Securities: iFAST Corporation Ltd (BUY) ✅ 📈 Current Price: S$9.21 (10 Jul 2026) | Target: S$11.76 (+27.69%) Key Insight: iFAST’s growth outlook remains strong, with eMPF operations supporting margin recovery from FY27 and pension-related AUA growth. iFAST Global Bank (iGB) is expected to be the next growth driver, supported by wealth-focused digital banking initiatives, partnerships, and the group’s SGD100bn AUA target by 2030. 2️⃣ DBS Group Research: Parkway Life REIT (BUY) ✅ 📈 Current Price: S$4.11 (13 Jul 2026) | Target: S$4.75 (+15.57%) Key Insight: PREIT offers resilient earnings from its healthcare portfolio across Singapore, Japan, and France. Growth is supported by higher DPU following lease renewals, acquisitions, and asset enhancement initiatives, with a strong balance sheet providing further growth potential. 3️⃣ CGS International: Food Empire Holdings Ltd (ADD) ✅ 📈 Current Price: S$2.54 (10 Jul 2026) | Target: S$3.33 (+31.10%) Key Insight: FEH remains on track for sustainable growth despite higher input costs, supported by strong consumer brands, capacity expansion, and improving margins. Its attractive dividend yield, earnings growth outlook, and strong market position support a premium valuation. 4️⃣ CGS International: Lum Chang Creations Ltd (ADD) ✅ 📈 Current Price: S$0.385 (15 Jul 2026) | Target: S$0.64 (+66.23%) Key Insight: LUCC’s earnings visibility has improved following new contract wins, including the S$32.9m Teck Ghee Station project. Its SGX Mainboard transfer is expected to enhance liquidity, while growth is supported by a strong order book and expansion opportunities in Singapore and Malaysia. Read Full Article

𝗟𝗮𝘁𝗲𝘀𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝘁𝘀' 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸! 🔑 New Insights from Research Houses: 1️⃣ CGS International: Sembcorp Industries (ADD) ✅ 📈 Current Price: S$5.98 (3 Jul 2026) | Target: S$7.15 (+19.57%) Key Insight: Near-term renewable energy headwinds are expected to weigh on earnings, but catalysts including the India renewables IPO, stronger contributions from the Sakra power plant, and new power purchase agreements support longer-term growth. 2️⃣ UOB Kay Hian: Tencent Holdings (BUY) ✅ 📈 Current Price: HK$473.80 (9 Jul 2026) | Target: HK$680.00 (+43.52%) Key Insight: The launch of Hy3 strengthens Tencent's AI competitiveness with enhanced agent capabilities, deep ecosystem integration, and cost-efficient deployment, supporting stronger AI adoption and commercialisation. 3️⃣ UOB Kay Hian: Alibaba Group Holding (BUY) ✅ 📈 Current Price: HK$107.50 (9 Jul 2026) | Target: HK$190.00 (+76.74%) Key Insight: Stronger-than-expected e-commerce margins and accelerating cloud growth, supported by easing competition and expanding AI monetisation, reinforce Alibaba's long-term earnings outlook. 4️⃣ UOB Kay Hian: OCBC Corporation (BUY) ✅ 📈 Current Price: S$25.31 (6 Jul 2026) | Target: S$29.70 (+17.34%) Key Insight: Expanding wealth management and insurance businesses, supported by AI-powered advisory tools, a larger relationship manager network, and a stronger high-net-worth client focus, provide sustained long-term growth. Read Full Article

𝗟𝗮𝘁𝗲𝘀𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝘁𝘀' 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸! 🔑 New Insights from Research Houses: 1️⃣ Phillip Capital: UltraGreen.ai Ltd (BUY) ✅ 📈 Current Price: US$1.23 (29 Jun 2026) | Target: US$1.92 (+56.10%) Key Insight: Rising adoption of indocyanine green (ICG) imaging in surgery and expansion into a full-stack ICG platform position UltraGreen.ai for strong growth, with U.S. market entry after Novadaq's exclusivity expiry and a strong net cash position providing additional upside. 2️⃣ CGS International: Wee Hur Holdings (ADD) ✅ 📈 Current Price: S$0.65 (29 Jun 2026) | Target: S$0.95 (+46.15%) Key Insight: A likely 2–3 year extension of the Tuas View Dormitory lease, combined with Singapore's worker accommodation shortage and construction upcycle, should support earnings growth alongside sustained demand for worker and student accommodation. 3️⃣ UOB Kay Hian: Keppel DC REIT (BUY) ✅ 📈 Current Price: S$2.26 (30 Jun 2026) | Target: S$2.99 (+32.30%) Key Insight: A strong pipeline of AI-ready data centres backed by sponsor Keppel, sizeable acquisition capacity, and stable recurring income from M1 NetCo bonds provide long-term growth visibility and resilient cash flows. 4️⃣ UOB Kay Hian: Keppel Ltd (BUY) ✅ 📈 Current Price: S$11.20 (25 Jun 2026) | Target: S$13.23 (+18.13%) Key Insight: Continued execution of its asset-light strategy through Bifrost cable monetisation, stable contracted earnings from the Sakra power plant, expanding data centre assets, and ongoing share buybacks underpin sustainable earnings growth and recurring income. Read Full Article

𝗟𝗮𝘁𝗲𝘀𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝘁𝘀' 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸! 🔑 New Insights from Research Houses: 1️⃣ DBS Research: Sea Limited (BUY) ✅ 📈 Current Price: US$91.28 (22 Jun 2026) | Target: US$148.00 (+62.14%) Key Insight: Shopee’s expansion into quick commerce presents a major growth opportunity, with its marketplace, advertising, BNPL, and food delivery ecosystem supporting monetisation while limiting margin pressure. 2️⃣ UOB Kay Hian: Yangzijiang Shipbuilding Holdings (BUY) ✅ 📈 Current Price: S$3.69 (22 Jun 2026) | Target: S$4.75 (+28.73%) Key Insight: The successful chartering of its first two LNG carriers validates its LNG shipbuilding capabilities, while disruptions to Qatar’s LNG exports could drive higher shipping demand and future vessel orders. 3️⃣ UOB Kay Hian: Food Empire Holdings (BUY) ✅ 📈 Current Price: S$2.50 (19 Jun 2026) | Target: S$3.49 (+39.60%) Key Insight: Record revenue growth and a major capacity expansion programme across four countries position FEH for sustained earnings growth, while its valuation remains attractive relative to peers. 4️⃣ UOB Kay Hian: Mr. D.I.Y. Group (BUY) ✅ 📈 Current Price: RM1.66 (24 Jun 2026) | Target: RM2.30 (+38.55%) Key Insight: Stabilising same-store sales, resilient margins, easing supply chain pressures, and an attractive 5.6–6.3% dividend yield support continued earnings growth and re-rating potential. Read Full Article

𝗟𝗮𝘁𝗲𝘀𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝘁𝘀' 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸! 🔑 New Insights from Research Houses: 1️⃣ UOB Kay Hian: UI Boustead REIT (BUY) ✅ 📈 Current Price: S$0.79 (15 Jun 2026) | Target: S$1.17 (+48.10%) Key Insight: Growing aerospace investments in Singapore support demand for UIBREIT’s long-term leased aerospace facility, boosting future rental income and earnings visibility. 2️⃣ CGS International: DFI Retail Group Holdings Ltd (ADD) ✅ 📈 Current Price: US$3.76 (17 Jun 2026) | Target: US$5.50 (+46.28%) Key Insight: Management remains confident of meeting FY26 targets, with portfolio optimisation and strong upcoming results acting as potential re-rating catalysts. 3️⃣ UOB Kay Hian: Beng Kuang Marine Ltd (BUY) ✅ 📈 Current Price: S$0.49 (17 Jun 2026) | Target: S$0.75 (+53.06%) Key Insight: New FPSO contracts have strengthened the order book and improved earnings visibility through FY26–27, with potential for additional follow-on work. 4️⃣ DBS Research: Lens Technology Co Ltd (BUY) ✅ 📈 Current Price: HK$26.34 (15 Jun 2026) | Target: HK$38.00 (+44.27%) Key Insight: Growth is expected to be driven by foldable iPhones, AI infrastructure, robotics and EV-related businesses, supporting strong earnings expansion. Read Full Article

𝗟𝗮𝘁𝗲𝘀𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝘁𝘀' 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸! 🔑 New Insights from Research Houses: 1️⃣UOB Kay Hian: CSE Global Ltd (BUY) ✅ 📈Current Price: S$1.33 (9 Jun 2026) | Target: S$1.79 (+34.59%) Key Insight: Despite governance concerns following the resignation of its Lead Independent Director, CSE’s business momentum remains strong with 1Q26 revenue up 29% YoY, order intake surging 75% YoY, and a robust S$719m order book. The recent sell-off appears overdone given unchanged fundamentals and continued growth visibility. 2️⃣UOB Kay Hian: Delfi Ltd (BUY) ✅ 📈Current Price: S$0.94 (8 Jun 2026) | Target: S$1.68 (+78.72%) Key Insight: Strong own-brand sales growth across Indonesia and regional markets continues to drive revenue expansion and market share gains. Earnings are expected to improve in 2H26 as lower-cost cocoa inventories flow through. 3️⃣Maybank Securities: Elite UK REIT (BUY) ✅ 📈 Current Price: GBP0.34 (7 Jun 2026) | Target: GBP0.44 (+38.41%) Key Insight: Backed by UK government-linked tenants that contribute around 99% of rental income, Elite offers stable cash flows and a defensive ~9% dividend yield. Recent lease renewals have improved income visibility, while asset recycling initiatives such as the Peel Park divestment could unlock further value. 4️⃣Maybank Securities: Sanli Environmental Ltd (BUY) ✅ 📈Current Price: S$0.176 (8 Jun 2026) | Target: S$0.260 (+47.73%) Key Insight: FY26 earnings were impacted by project delays, but a substantial S$748m order book provides strong revenue visibility into FY27. Management is focused on project execution and higher-margin opportunities, positioning the company for earnings recovery despite near-term cost pressures. Read Full Article

📢 Corporate Highlights: Wee Hur Holdings (SGX: E3B) In our latest Corporate Highlights, AlphaInvest and Lim Jun Yuan, founder of The Singaporean Investor, sat down with Mr Goh Wee Ping, CIO of Wee Hur Holdings, to discuss the company's sustainable earnings and long-term growth strategy.   🎥 As part of the feature, we take you on an exclusive tour of Wee Hur's Pioneer Lodge Workers' Dormitory, offering a closer look at one of the company's key assets.   Wee Hur is a Singapore-based integrated business group with operations across: 🏗 Construction 🏠 Purpose-Built Workers' Accommodation (PBWA) 🎓 Student Accommodation in Singapore and Australia   In this interview, management shares insights on: ✅ Occupancy trends and demand outlook for workers' accommodation ✅ Growth opportunities in Australia's student accommodation market ✅ Capital allocation priorities and dividend strategy ✅ How Wee Hur is leveraging its diversified platform to create long-term shareholder value   Interested in touring a workers' dormitory and gaining direct insights from management?  Watch the full interview now!

𝗟𝗮𝘁𝗲𝘀𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝘁𝘀' 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸! 🔑 New Insights from Research Houses: 1️⃣ Phillip Securities: Geo Energy Resources (BUY) ✅ 📈 Current Price: S$0.47 (2 Jun 2026) | Target: S$0.75 (+59.57%) Key Insight: Earnings are expected to accelerate in 2H26 as production ramps up at the larger TRA mine and the new hauling infrastructure comes online. Higher coal prices and a planned US$1.5bn infrastructure investment provide additional upside. 2️⃣ CGS International: Seatrium (ADD) ✅ 📈 Current Price: S$2.17 (29 May 2026) | Target: S$2.52 (+16.13%) Key Insight: Margin recovery remains on track, driven by the completion of low-margin legacy projects and cost savings. While order wins have been slower than expected, stronger profitability should support earnings growth. 3️⃣ Phillip Securities: Nordic Group (BUY) ✅ 📈 Current Price: S$0.58 (28 May 2026) | Target: S$0.68 (+17.24%) Key Insight: A growing orderbook and healthy pipeline across defence, semiconductor and marine segments provide strong earnings visibility. Growth is expected to be supported by FPSO deliveries and battery component production in Thailand. 4️⃣ UOB Kay Hian: Valuetronics Holdings (BUY) ✅ 📈 Current Price: S$1.14 (29 May 2026) | Target: S$1.88 (+64.91%) Key Insight: Improved margins and strong cash generation have enabled a higher dividend payout policy and a HK$300m capital return plan. Its substantial net cash position and potential customer wins support further shareholder value creation. Read Full Article

🚀Discover The Strategy Behind Elite UK REIT and How it Aims to Deliver Stable Income through Changing Market Conditions.   In this episode of Corporate Highlights, AlphaInvest engages leaders from SGX-listed companies, bringing investors closer to the insights that matter.   Our spotlight for this episode is on Elite UK REIT, a real estate investment trust focused on predominantly government-backed properties across the United Kingdom. The REIT’s portfolio comprises strategically located assets leased mainly to the UK Department for Work and Pensions, providing investors with stable and recurring income visibility.   Joining us in this feature is Joshua Liaw, Chief Executive Officer of Elite UK REIT. In this interview, Mr. Liaw discusses the REIT’s resilient income model, supported by long-term leases to the UK government, as well as its proactive interest rate management strategy, with approximately 92% of borrowings hedged.   Key discussion points: 🏢 Resilient portfolio of government-backed properties delivering stable and recurring income 📊 Interest rate risk management strategy with a high proportion of borrowings hedged 📈 DPU guidance, portfolio resilience, and management’s outlook for sustainable growth   Interested in how a government-backed property portfolio can provide income stability while pursuing long-term growth opportunities?   🎥 Watch the full interview here

𝗟𝗮𝘁𝗲𝘀𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝘁𝘀' 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸! 🔑 New Insights from Research Houses: 1️⃣UOB Kayhian: CapitaLand Ascendas REIT (BUY) ✅ 📈Current Price: S$2.52 (25 May 2026) | Target: S$3.78 (+50.00%) Key Insight: CLAR is acquiring S$1.4b of logistics, life sciences, and data centre assets in Singapore and Japan, including redevelopment upside at 25 Loyang Crescent, expanded life sciences exposure via Ascent, and its maiden Osaka hyperscale data centre investment. The deals are 2.1% DPU accretive and reinforce Singapore as 66% of AUM while enhancing portfolio growth and diversification. 2️⃣UOB Kayhian: UI Boustead REIT (BUY) ✅ 📈Current Price: S$0.805 (26 May 2026) | Target: S$1.17 (+45.34%) Key Insight: UIBREIT is increasing exposure to aerospace through a 51% stake in a S$104m Seletar Aerospace Park facility, fully leased for 22.5 years with rental escalations. The project boosts WALE, strengthens high-value aerospace/avionics exposure, and supports steady DPU growth with additional FY29 earnings contribution from its development pipeline. 3️⃣CGS International: SATS Ltd (ADD) ✅ 📈Current Price: S$3.56 (27 May 2026) | Target: S$4.68 (+31.46%) Key Insight: SATS delivered strong 4QFY3/26 earnings (+31% yoy) driven by resilient gateway services and cargo volume growth despite Middle East disruptions, though food solutions margins were weaker due to cost pressures. EPS upgrades reflect stronger FY27–28 growth outlook, supported by recovery in air cargo demand and ongoing capacity expansion. 4️⃣UOB Kayhian: Frasers Logistics & Commercial Trust (BUY) ✅ 📈Current Price: S$0.985 (28 May 2026) | Target: S$1.33 (+35.03%) Key Insight: FLT is acquiring four freehold logistics assets in Germany and the Netherlands for €294.9m, enhancing exposure to key European logistics hubs near ports and transport corridors. The acquisition is DPU accretive, supports full-occupancy portfolio resilience, and strengthens its sponsor-backed expansion strategy across global logistics markets. Read Full Article

📢 Corporate Highlights with Toku Limited: AI-Powered Customer Engagement Transformation In this episode of Corporate Highlights, AlphaInvest and InvestingNote’s very own @ljunyuan (Founder of The Singaporean Investor) sat down with Mr Thomas Laboulle, CEO of Toku Limited, to discuss the company’s AI-driven growth strategy and SGX listing journey.   The conversation explores how enterprises across Asia Pacific are accelerating adoption of AI-powered customer engagement solutions, and how Toku is positioning itself within the fast-growing enterprise communications space.   Key discussion points: 📈 Regional expansion strategy and enterprise client growth across regulated industries 🚀 Product roadmap and long-term growth vision following its SGX listing 🎤 Highlights from Toku Day 2026, including a live AI platform demo by Head of Product Mr Fikri Firat Interested in how AI-powered companies are reshaping enterprise communications and scaling across the region’s digital economy?   🎥 Watch the full interview here

REITs Symposium 2026 IS FINALLY HAPPENING TOMORROW! For non- attendees, what are you waiting for? Sign up now for FREE access to the engagement zone! For attendees, we can't wait to see you there tomorrow! In case you forgot, REITs Symposium 2026 Event Details 🗓 Date: 23 May 2026 (Saturday) ⏰Time: 10:00AM – 5:00PM 📍Venue: Suntec Singapore Convention & Exhibitions Centre (Level 3, Summit 1 & 2) 🎟 Admission Fee: FREE ADMISSION (Engagement Zone only)! *Engagement Zone’s admission is based on first-come-first-served only. 💡What's on the Agenda? Beyond REITs: Building a Stronger Income Portfolio Early Retirement with REITs The Danger Of Obvious Trades - When The Crowd Gets It Wrong Real Estate Without the Landlord: Your Top REIT Questions Answered From engaging market discussions to exciting event experiences, there’s more waiting for you at the event! Click Here for FREE access to the engagement zone!

𝗟𝗮𝘁𝗲𝘀𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝘁𝘀' 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸! 🔑 New Insights from Research Houses: 1️⃣CGS International: Frencken Group Ltd (ADD) ✅ 📈Current Price: S$2.81 (19 May 2026) | Target: S$3.25 (+15.66%) Key Insight: Despite weak 1Q26 results from softer European semiconductor demand, management expects a stronger 2H26 recovery driven by higher-margin Asian semiconductor operations and improving customer orders. Analysts upgraded the stock from Hold to Add on expectations of stronger FY27-28 semiconductor growth and potential upside from Singapore’s Equity Market Development Programme support. 2️⃣CGS International: CSE Global Ltd (ADD) ✅ 📈Current Price: S$1.77 (15 May 2026) | Target: S$2.10 (+18.64%) Key Insight: Near-term earnings may remain weak due to higher semiconductor hardware/software costs and startup inefficiencies from its new US AWS-focused facility, but management expects stronger 2H26 margins as utilisation improves. Growing electrification demand from hyperscalers and ongoing strategic review initiatives could unlock longer-term value creation opportunities. 3️⃣Phillip Securities: ST Engineering Ltd (BUY) ✅ 📈Current Price: S$10.87 (19 May 2026) | Target: S$13.00 (+19.60%) Key Insight: Strong 1Q26 revenue and profit growth were supported by rising international defence orders and resilient aerospace demand, with the orderbook hitting a record S$34.5bn. Expanding engine MRO capabilities, aircraft life-extension programmes, and a growing pipeline of global defence contracts underpin confidence in sustained long-term earnings growth. 4️⃣Phillip Securities: Sea Ltd (BUY) ✅ 📈Current Price: US$88.23 (18 May 2026) | Target: US$170.00 (+92.68%) Key Insight: Revenue surged 47% YoY across Shopee, Monee, and Garena, although profits were pressured by aggressive investments in Shopee’s user acquisition and ecosystem expansion. Analysts view the elevated spending positively as it strengthens Sea’s long-term competitive moat across e-commerce, fintech, and gaming while supporting future growth and market share gains. Read Full Article

🔈LAST CALL FOR REITs SYMPOSIUM 2026 🎟 Tickets are almost fully redeemed, secure yours today! REITs Symposium is happening THIS SATURDAY! Don't Miss Out! 💬 At the event, you’ll get the opportunity to hear directly from 20+ REITs Industry Leaders including Keppel DC REIT, CapitaLand Ascott Trust & more! ✨Programme Highlight ✨ - From Cheap to Valuable: Unlocking Value in Singapore’s Market and REITs: Learn how to distinguish genuine value opportunities, and what should you look out for when reviewing your portfolio. - The Global Yield Hunt: Searching for Opportunities Overseas - Effectively Designing Your Investment Portfolio for The Next Decade - Volatility to Opportunity: Leveraging on Uncertainties for Better Returns - Artificial Versus Human Intelligence: Can A.I. Build a Better Portfolio? Want to unlock new perspectives that will be essential in your investing journey? Here is your FINAL CHANCE to sign up for the REITs Symposium 2026 👉 Reserve your spot today

𝗟𝗮𝘁𝗲𝘀𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝘁𝘀' 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸! 🔑 New Insights from Research Houses: 1️⃣UOB Kay Hian: Centurion Corporation (BUY) ✅ 📈Current Price: S$1.61 (12 May 2026) | Target: S$2.10 (+30.43%) Key Insight: Expanding its Australian PBWA footprint with A$74m acquisitions in Pilbara mining regions, adding 446 operational beds with no development risk. Strong long-term demand from major mining projects and limited accommodation supply support earnings growth and rerating potential. 2️⃣CGS International: Riverstone Holdings (ADD) ✅ 📈Current Price: S$0.82 (12 May 2026) | Target: S$1.00 (+21.95%) Key Insight: Weak 1Q26 margins from forex pressure are expected to recover in 2H26 as glove ASPs rise due to higher raw material costs and healthy demand. Strong supplier relationships, attractive dividends, and valuation rerating potential support the upgraded Add call. 3️⃣CGS International: UMS Integration (ADD) ✅ 📈Current Price: S$2.36 (12 May 2026) | Target: S$4.17 (+76.69%) Key Insight: Strong 1Q26 revenue (+20%) and profit (+43%) growth driven by AI-related semiconductor demand and orders from a new major customer shifting supply to Asia. Rising semiconductor capex and advanced packaging demand underpin expectations for strong FY26–28 earnings growth despite cyclical industry risks. 4️⃣UOB Kay Hian: SIA Engineering (BUY) ✅ 📈Current Price: S$3.28 (13 May 2026) | Target: S$3.85 (+17.38%) Key Insight: FY26 core net profit rose 25.9% YoY, supported by stronger operations and JV contributions. Expansion projects across Malaysia, China, and Singapore, along with stabilising gestation costs and aviation recovery, are expected to drive steady medium-term earnings growth and higher dividends. Read Full Article

Still figuring out REITs? Or wondering if REITs still make sense in today’s market? Join the REITs Symposium's Engagement Zone to explore the conversations shaping the market today! 💡Programme Highlight - Beyond REITs: Building a Stronger Income Portfolio - From Dividends to Multi-Baggers: Building a Winning Portfolio - Early Retirement with REITs - Follow the Strength: A Smarter Way to Trade The Relative Strength Advantage - The Danger Of Obvious Trades - When The Crowd Gets It Wrong - Beyond the Buffett Myth - Why You Fail as a Value Investor and How to Actually Beat the Market - Real Estate Without the Landlord: Your Top REIT Questions Answered REITs Symposium 2026 Event Details 🗓 Date: 23 May 2026 (Saturday) ⏰Time: 10:00AM – 5:00PM 📍Venue: Suntec Singapore Convention & Exhibitions Centre (Level 3, Summit 1 & 2) 🎟 Admission Fee: FREE ADMISSION (Engagement Zone only)! *Engagement Zone’s admission is based on first-come-first-served only. Click here to get your free entry to our engagement zone now!

How to evaluate REITs in a changing market environment and identify opportunities amid today’s market risks? Join us at REITs Symposium 2026’s Engagement Zone to find out more! 💬 THE REAL CONVERSATION In our engagement zone, you won’t just hear “REITs are good” or “be careful in high rates”. It’s a live engagement space where you can: 👂Hear insights directly & gain different perspectives from industry experts 📈Explore how professionals approach current market conditions 🔑Better understand key factors shaping REIT performance today REITs Symposium 2026 Event Details 🗓 Date: 23 May 2026 (Saturday) ⏰Time: 10:00AM – 5:00PM 📍Venue: Suntec Singapore Convention & Exhibitions Centre (Level 3, Summit 1 & 2) 🎟 Admission Fee (Engagement Zone): Open to Public* *Engagement Zone’s admission is based on first-come-first-served only. Understand what market leaders are doing differently from retail investors, 👉Click Here to sign up now!

How to Make Your Money Work Harder for You? 💰 Find Out at REITs Symposium 2026! 🔥 What You Will Gain: 💥 Exclusive Deals (Only at the Event) Unlock special offers from leading financial institutions including CSOP Asset Management, IG Markets, Long Bridge Securities, POEMS by PhillipCapital, uSMART Securities and Securities Investors Association. 🎙 Live Expert Sessions Gain actionable insights on income investing, opportunities & smarter market strategies 🔎 Smarter REIT Investing Tools Master REIT analysis with ShareInvestor’s REITs Screener to identify stronger REITs faster and more confidently. REITs Symposium 2026 Event Details 🗓 Date: 23 May 2026 (Saturday) ⏰ Time: 10:00AM – 5:00PM 📍 Venue: Suntec Singapore Convention & Exhibition Centre (Level 3, Summit 1 & 2) 🎟 Admission Fee (Engagement Zone): Open to Public* *Engagement Zone’s admission is based on first-come-first-served only. Secure your spot now and take a step towards smarter passive income investing. 👉Register Now

𝗟𝗮𝘁𝗲𝘀𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝘁𝘀' 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸! 🔑 New Insights from Research Houses: 1️⃣CGS International: Lum Chang Creations Ltd (ADD) ✅ 📈Current Price: S$1.03 (4 May 2026) | Target: S$1.32 (+28.16%) Key Insight: Strong 1HFY26 earnings (+104% PATMI) and margin expansion, backed by a S$132m order book. Corporate actions (bonus issue + Mainboard transfer) improve liquidity and support rerating to 17x FY27F P/E. 2️⃣CGS International: Parkway Life REIT (ADD) ✅ 📈Current Price: S$4.02 (4 May 2026) | Target: S$4.97 (+23.63%) Key Insight: Stable 1Q26 DPU, driven by Singapore AEI-led growth and rent escalations, offset by weaker Japan. Strong hedging and defensive healthcare assets support income stability. 3️⃣Maybank Securities: Olam Group Ltd (BUY) ✅ 📈Current Price: S$1.02 (4 May 2026) | Target: S$1.60 (+56.86%) Key Insight: Restructuring into ofi-led platform unlocks >SGD5bn value, but ofi trades at ~2–2.5x EV/EBIT vs peers at 8–15x, implying deep undervaluation and strong rerating upside. 4️⃣UOB Kay Hian: Frasers Logistics & Commercial Trust (BUY) ✅ 📈Current Price: S$0.99 (6 May 2026) | Target: S$1.30 (+31.31%) Key Insight: Stable 1HFY26 with modest growth and strong logistics occupancy (~100%), supported by rental reversions and disciplined capital management despite lower distributions. Read Full Article

𝗟𝗮𝘁𝗲𝘀𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝘁𝘀' 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸! 🔑 New Insights from Research Houses: 1️⃣CGS International: iFAST Corporation Ltd (ADD) ✅ 📈Current Price: S$9.00 (27 Apr 2026) | Target: S$13.45 (+49.44%) Key Insight: 1Q26 net profit rose 47.3% YoY to S$28.0m, supported by strong AUA growth (+27.1% YoY to S$32.6bn), though partially offset by higher costs from the Hong Kong ePension project, marketing, and IT investments. With continued net inflows supporting AUA expansion, profitability is expected to improve from 2H26 as expenses stabilise, reinforcing scalable long-term growth, albeit with risks from project delays and weaker investor sentiment. 2️⃣UOB Kay Hian: UI Boustead REIT (BUY) ✅ 📈Current Price: S$0.835 (28 Apr 2026) | Target: S$1.16 (+38.92%) Key Insight: Maiden development in Japan via a 24.26% stake in UIB Konan Phase 3 logistics project offers an attractive 4.8% yield on cost (vs. 3.6% portfolio yield), with option to acquire remaining stake at 4% yield. The project strengthens exposure to a high-demand logistics corridor with low vacancy and strong connectivity, while maintaining an appealing FY27 DPU yield of ~8.1%, supporting income visibility and growth. 3️⃣CGS International: AEM Holdings Ltd (ADD) ✅ 📈Current Price: S$6.06 (25 Apr 2026) | Target: S$10.15 (+67.49%) Key Insight: Entering a new earnings upcycle driven by customer diversification, AI and data centre demand (including Intel), and new partnerships, supporting FY26–28F upgrades and ~83% EPS CAGR. This underpins a re-rating towards sector valuations, though risks include order delays, weaker global demand, and ongoing legal issues. 4️⃣UOB Kay Hian: CapitaLand Ascott Trust (BUY) ✅ 📈Current Price: S$0.90 (23 Apr 2026) | Target: S$1.42 (+57.78%) Key Insight: 1Q26 performance softened due to seasonality and AEIs, with RevPAU down 3% YoY, though up 1% on a same-store basis; occupancy remained stable at 77%. Distributable income supported by divestment gains, with ~S$300m reserves helping stabilise DPU. Outlook remains positive with low single-digit RevPAU growth expected in 2026, supported by travel demand recovery and an attractive ~6.8% yield, despite ongoing asset enhancements and macro risks. Read Full Article