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Thursday, April 2nd, 2026

Singapore Daily Market Highlights: Singtel, Sanli Environmental, Nio Inc Deliveries & Key Equity News – Maybank Research (2 Oct 2025)

Broker Name: Maybank Research Pte Ltd
Date of Report: 2 October 2025

Excerpt from Maybank Research Pte Ltd report.

Report Summary

  • Singtel’s Optus outages in September 2025 had limited financial and operational impact, with ongoing risks of minor subscriber churn and higher costs, but the company’s diversified business and buyback plan support its valuation.
  • Sanli Environmental is expected to secure more projects, possibly doubling its orderbook by November 2025, and is well-positioned to benefit from the large-scale Long Island project due to its polder expertise.
  • Nio Inc reported strong growth with a 64.1% YoY increase in vehicle deliveries for September 2025, and launched a new flagship premium SUV; cumulative deliveries reached 872,785.
  • Rex International increased its stake in Lime Petroleum, aiming for more control and flexibility in financing, while InnoTek divested a loss-making unit to strengthen its balance sheet.
  • The report includes standard disclaimers, disclosures of interest, and legal notices applicable to various jurisdictions.

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

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