Report Summary

• Sing Holdings, a Singapore-listed property developer, is set for a significant earnings uplift with the imminent completion of its North Gaia project, which is fully sold and expected to generate around S\$110m in net profit. This is expected to be recognized in full upon TOP, providing high earnings visibility.
• North Gaia alone accounts for over 40% of Sing Holdings’ equity value, and its expected profits could push NAV above S\$1/share, while the stock trades at only \$0.62/share, suggesting undervaluation.
• There is potential for a special dividend similar to the payout after Parc Botannia’s TOP, possibly yielding about 7.1% forward yield, though management may prioritize funding for their next project, Chuan Grove.
• Infinity Development remains attractive after recent gains, with an 8-9% dividend yield, low PE ratio, decent growth, and positive investor sentiment following plant visits. The company expects 10-20% growth going forward.
• Major market indices saw mixed movements; S&P 500 and Nasdaq edged up, Dow Jones declined. Commodities like gold and crude oil saw gains.
• Institutional investors were net buyers in the week of 12 Jan 2026, while retail investors were net sellers. Key stocks and sector flows are highlighted.
• Chery Automobile and JSW Group entered a pact for components and technology transfer for EVs in India, reflecting broader trends in international technology transfer and market access.
• Infinity Development addressed concerns about its new Indonesia plant, stating no impact from recent contamination fears and outlining capacity, capex, and expansion rationale.
• The report lists upcoming dividend dates and corporate actions for several SGX-listed companies.
• The document contains a standard research disclaimer and analyst disclosures.