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Tuesday, February 3rd, 2026
Market UpdatesSingapore SGX stocks

Micron’s SGD30.5bn Singapore Investment: Top Beneficiaries in Tech, Construction & REITs 1

Posted on January 28, 2026 at 2:40 pm (GMT+8)

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Broker Name: DBS

Date of Report: Date not specified in the provided document (inferred: June 2024 based on context).

Excerpt from DBS report.

    Report Summary

  • Micron is investing SGD30.5bn to build a new NAND flash memory facility in Singapore, expected to create 1,600 jobs and significantly boost demand across the technology, construction, and property sectors.
  • Key beneficiaries include UMS, AEM, Hong Leong Asia, Soilbuild Construction, CapitaLand Ascendas REIT, and Mapletree Logistics Trust, due to their involvement in semiconductor equipment, construction materials, and industrial space near the new plant.

Above is an excerpt from a report by DBS. Clients of DBS can be the first to access the full report from the DBS website: https://www.dbs.com.sg

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