Broker: Lim & Tan Securities
Date of Report: 01 December 2025
Excerpt from Lim & Tan Securities report.
- The FSSTI index closed at 4,524.0, with major global indices showing mostly positive year-to-date gains; Singapore’s market daily value was S\$1,128.2m.
- LHN Limited reported a 33.4% year-on-year increase in adjusted profit before tax for FY2025, driven by Space Optimisation, Property Development, and Facilities Management businesses. Total dividends for FY2025 increased to 4.0 Singapore cents per share, and the company remains confident in sustainable, long-term growth.
- Marco Polo Marine’s (MPM) FY2025 revenue fell slightly, but gross profit and margins improved due to strong ship chartering operations and extraordinary gains. The group reported solid net cash generation and a robust order book, with expansion in both ship chartering and shipyard operations, especially in specialised vessel construction and renewable energy services.
- Institutional investors were net sellers in the week of 17 November 2025, while retail investors were net buyers, with notable fund flows in banks, industrials, and selected real estate stocks.
- US macro data shows a fragile economy with slowing growth, easing inflation, and weak employment. US equities are viewed as overvalued, with risks skewed to the downside, while China is expected to outperform its climate targets despite modest official goals.
- Numerous Singapore-listed companies announced dividend distributions and share buybacks, with upcoming ex-dividend dates highlighted for major stocks.
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.
