Broker Name: Lim & Tan Securities
Date of Report: 23 October 2025
Excerpt from Lim & Tan Securities report.
Report Summary
- Frasers Centrepoint Trust (FCT) reported strong FY25 results, driven by acquisitions and asset enhancements, with gross revenue and net property income rising double digits; FCT’s healthy financial position supports a stable 5% dividend yield, but limited price upside leads to a HOLD recommendation.
- Mapletree Pan Asia Commercial Trust (MPACT) posted a slight decline in overseas contributions but continued to benefit from its resilient Singapore portfolio, proactive debt reduction, and asset enhancements at VivoCity, maintaining a 5.4% dividend yield and a HOLD call due to moderate upside.
- Institutional investors turned net sellers in the week of 13 October 2025, while retail investors were strong net buyers, particularly in financial and technology sectors.
- Macro news includes ongoing talks between Renault and Chery Automobile for collaboration in South America, and BCA Research suggesting US equities are tactically favored over Europe amid shifting economic surprises and market momentum.
- Key upcoming dividend and earnings dates for major Singapore-listed companies are listed, along with recent major share transactions and fund flow data showing sectoral trends.
- The SGX Watch-List is updated with several additions, highlighting companies at risk of delisting due to financial or operational criteria.
above is an excerpt from a report by Lim & Tan Securities. Clients of Lim & Tan Securities can be the first to access the full report from the Lim & Tan Securities website : www.limtan.com.sg
