Broker Name: Maybank Research Pte Ltd
Date of Report: 7 October 2025
Excerpt from Maybank Research Pte Ltd report.
Report Summary
- Singtel faces limited financial impact from recent Optus outages; near-term risks are manageable and supported by diversification, associate contributions, and ongoing buybacks.
- Sanli Environmental is poised for significant growth, with expectations to secure SGD200-300m in new projects and leverage its expertise for upcoming large-scale infrastructure developments.
- LREIT has been upgraded to BUY due to favourable market conditions, resilient retail sales, and sound capital management; target price raised to SGD0.69.
- Thakral expects a notable gain from the IPO of The Beauty Tech Group, with proceeds to be redeployed for further growth, boosting its NAV and EPS significantly.
- OCBC launches a programme to upskill mortgage specialists into wealth advisors, aiming to deepen client relationships and retain talent.
- HRnetGroup raised SGD7m via a placement of treasury shares to improve working capital and trading liquidity.
- The report includes standard disclaimers on investment risks, analyst independence, and legal entity disclosures for distribution across multiple regions.
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
