Broker Name: Maybank Research Pte Ltd
Date of Report: 24 February 2026
Excerpt from Maybank Research Pte Ltd report
- Raffles Medical Group posted strong 2H25 results, exceeding forecasts, driven by gains in investment properties and a robust hospital services outlook. Final dividend payout was higher than policy.
- Addvalue Technologies was initiated with a BUY rating, based on its profitable turnaround in space and drone industries, supported by a large orderbook and strong growth forecasts.
- Soon Hock’s FY25 profit surpassed estimates, mainly due to its development property segment, with future projects and dividend plans detailed.
- MoneyMax Financial Services reported significant earnings growth, driven by strong performance across pawnbroking, retail, and gold trading, and remains focused on regional expansion.
- Fuxing China expects higher profits due to a one-off gain from subsidiary disposal, strengthening its financial position.
- Oiltek secured new contracts, expanding its order book and international presence in biodiesel and refinery plant solutions.
- The report includes standard disclaimers, disclosures, and definitions of investment ratings.
Report Summary:
- Main Singapore-listed companies delivered robust earnings and positive outlooks, with notable developments in healthcare, technology, property, and financial services sectors.
- Maybank Research maintains clear investment ratings and comprehensive disclosures across its coverage universe.
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/
