Broker Name: Lim & Tan Securities
Date of Report: 17 December 2025
Excerpt from Lim & Tan Securities report.
Report Summary
- Singapore’s FSSTI Index showed a year-to-date gain of 20.9%, while global indices had mixed performances. US stocks closed mixed on rising unemployment data; Nasdaq rebounded on bargain hunting.
- Keppel Ltd.’s Connectivity Division agreed to sell its remaining interests in two Singapore data centres to Keppel DC REIT for S\$50.5 million, a move in line with its asset monetisation strategy. The acquisition is expected to be immediately DPU-accretive for Keppel DC REIT and will boost its assets under management to S\$5.9 billion.
- CapitaLand Integrated Commercial Trust (CICT) and UOL-led consortium submitted the highest bid for a Hougang Central mixed-use site, aiming to develop Singapore’s largest mall in Hougang and 830 residential units, enhancing integrated development at a major transport node.
- China plans to cut steel production from 2025-2026 to address overcapacity, while the US economy shows stabilization but not strong growth. Crypto equities are recommended as a long-term theme via diversified ETFs.
- Institutional investors were net sellers, while retail investors became net buyers in the Singapore market during the week of 1 December 2025. Sector fund flow data and dividend schedules for major Singapore companies are provided.
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 website: https://www.limtan.com.sg
