Broker Name: CGS International
Date of Report: November 27, 2025

Excerpt from CGS International report.

Report Summary

• Mencast Holdings Ltd is showing a strong bullish trend continuation, with technical indicators signaling further potential upside. The stock has surpassed previous targets, suggesting ongoing momentum in the marine and oil & gas MRO sector.
• Singapore’s Industrial Production Index surged by 29.1% year-on-year in October 2025, led by robust biomedical and manufacturing output, prompting an upward revision of 2025 GDP growth forecast to 4.3%.
• US-Russia-Ukraine diplomatic efforts are ongoing, with US presidential envoy Steve Witkoff set for peace talks in Moscow, highlighting ongoing geopolitical uncertainties.

Above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website : https://www.cgsi.com.sg