Broker Name: Maybank Research Pte Ltd
Date of Report: March 5, 2026
Excerpt from Maybank Research Pte Ltd report.
- Report Summary:
- Soon Hock Enterprise is showing strong execution in its pipeline of Singapore industrial property projects, with the Skye@Tuas development expected to launch sales in 2Q26 and contribute significantly to revenue and net profit in FY26.
- Maybank raises its target price to SGD0.78, citing increased RNAV and clear visibility on project pipelines through FY27-28, including additional contributions from Senang Crescent and a new worker dormitory, while maintaining a BUY rating.
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/investment-banking
