Broker: Maybank Research Pte Ltd
Date of Report: 21 January 2026
Excerpt from Maybank Research Pte Ltd report.
- Singapore Market Outlook: Singapore is poised for a strong 2026, supported by macro resilience, ongoing structural reforms, and attractive valuations. The STI index is expected to rerate towards a 5,600 target, with upside earnings risk and top stock picks including Sea, OCBC, CICT, Coliwoo, and others.
- Top Equity Idea – Sea Ltd: Sea’s share price has pulled back sharply, but margin risks and Brazil-related concerns are seen as priced in, offering an attractive entry point. The easing of competition in Taiwan is a positive for the stock, with a BUY rating maintained.
- Market Shaping News:
- IHH Healthcare received shareholder approval for a new long-term incentive plan to align management with long-term goals.
- Coliwoo is launching a new 212-key property at Midtown in Feb 2026, targeting business travellers and urban dwellers.
- PC Partner expects higher FY25 net profit, driven by demand for its new video graphics cards.
- Mapletree and MPACT will implement a new distributed cooling system to drive cost and carbon savings starting 2027.
- Singapore Airlines priced SGD500m in 2.70% notes due 2036, proceeds to be used for aircraft purchases and general purposes.
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 website : https://www.maybank.com
