Broker Name: Lim & Tan Securities
Date of Report: 5 November 2025
Excerpt from Lim & Tan Securities report.
Report Summary
- Singapore’s FSSTI index is up 16.8% YTD; U.S. tech stocks saw profit-taking with 1-2% declines overnight.
- SIA Engineering reported a 26.5% rise in 1HFY26 revenue and 14.5 million SGD year-on-year net profit growth, declaring an interim dividend of 2.5 cents per share; company fundamentals remain strong but share price has run up over 52% since May, prompting a recommendation downgrade to “Accumulate on weakness”.
- China Sunsine’s majority shareholder sold ~42 million shares to institutional and high net worth investors, reducing its stake to 57.19%. The sale is seen as a liquidity enhancement and vote of confidence; the company maintains a strong balance sheet and consistent dividends, attracting institutional interest.
- China’s rapid renewable energy expansion is causing grid bottlenecks and higher curtailment rates for wind and solar, with infrastructure upgrades needed to match the pace of green energy development.
- Fund flows for the week show institutional and retail investors net selling, with sector rotation evident; top institutional buys included Keppel, OCBC, and SIA, while SGX and OCBC saw the largest retail buy/sell flows.
- Dividend and special distribution schedules for major Singapore-listed stocks are provided for November 2025.
Above is an excerpt from a report by Lim & Tan Securities. Clients of Lim & Tan Securities can be the first to access the full report from the Lim & Tan Securities website: https://www.limtan.com.sg
