Broker Name: Maybank Research Pte Ltd
Date of Report: 13 January 2026
Excerpt from Maybank Research Pte Ltd report.
Report Summary
- Coliwoo Holdings plans to expand its co-living portfolio in Singapore to nearly 4,000 rooms by end-2026, supported by a strong pipeline and asset-light strategies.
- Sea Ltd is upgraded to BUY after a significant correction, with improvements in Shopee’s ASEAN market positioning and potential monetisation upside, while Garena risks are capped.
- S-REITs sector remains positive, benefiting from rising distributions, lower funding costs, and portfolio reconstitution, with top picks identified among commercial, industrial, and hospitality sub-sectors.
- Rex International’s subsidiary is set to begin production in Benin by end-Jan 2026 after upgrades to production units, with future drilling plans under evaluation.
- Vin’s Holdings launches a SGD20m short-term commercial paper programme, and King Wan Corporation completes a SGD3.5m share placement to support working capital and expansion.
Above is an excerpt from a report by Maybank Research Pte Ltd. Clients of Maybank Research Pte Ltd can be the first to access the full report from the Maybank Research website : https://www.maybank.com/investment-banking
