Broker Name: Lim & Tan Securities
Date of Report: 16 January 2026
Excerpt from Lim & Tan Securities report.
Report Summary
- US stocks rose 0.3%-0.6% on the back of a better-than-expected corporate reporting season, while the Singapore market (FSSTI) closed at 4,833.3, up 0.4%.
- Yangzijiang Maritime Development announced newbuilding orders for 16 vessels, boosting its portfolio to 50 ships (including options) and plans to invest in eco-friendly, IMO-compliant vessels.
- Centurion Corporation, focused on worker and student accommodation, continues stable growth with high occupancy, a strong balance sheet, and plans for disciplined expansion; consensus target price offers significant upside.
- Institutional investors were net buyers (S\$53.8m) for the week, with strong interest in Yangzijiang Shipbuilding, City Developments, and Hongkong Land; retail investors were net sellers (S\$66.5m).
- Macro news highlights include ongoing cybersecurity risks involving Microsoft SharePoint exploits by Chinese state-sponsored hackers and discussion of infrastructure investment trends favoring public assets in the near-term.
- The report includes recent share buybacks, insider transactions, upcoming dividends, and a calendar of corporate earnings/events for January and February 2026.
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
