Broker Name: Lim & Tan Securities
Date of Report: 3 December 2025
Excerpt from Lim & Tan Securities report.
Report Summary
- Singapore’s FSSTI Index is up 19.8% year-to-date, outperforming several global indices, with US stocks also rising on optimism over potential Fed rate cuts.
- Centurion Corp expanded its Australian student accommodation portfolio with a new 472-bed development in Perth, targeting completion by December 2027, supporting sustainable long-term growth.
- ASL Marine posted strong 1QFY26 results, with improved profitability driven by shipbuilding and ship repair, and plans further deleveraging by selling idle vessels; target price raised to S\$0.33 with a Buy recommendation.
- China’s property sector remains weak, with Goldman Sachs forecasting new home demand to stay well below previous peaks due to demographics and declining investment sentiment.
- Institutional investors were net sellers in the Singapore market for the week of 24 Nov 2025, with significant outflows from Genting Singapore, UOB, and Keppel, while retail investors also turned net sellers.
- Key upcoming dividends and corporate actions for major Singapore-listed companies are outlined, with a busy schedule for November and December 2025.
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: https://www.limtan.com.sg
