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Thursday, March 5th, 2026
Market UpdatesSingapore SGX stocks

Soon Hock Enterprise (SHOCK SP) Analyst Report: Strong Pipeline, Skye@Tuas Launch, Target Price Raised to SGD0.78 – FY26-28 Outlook & Investment Highlights 1234

Posted on March 5, 2026 at 9:45 am (GMT+8)

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Broker Name: Maybank Research Pte Ltd
Date of Report: March 5, 2026

Excerpt from Maybank Research Pte Ltd report.

  • Report Summary:
  • Soon Hock Enterprise is showing strong execution in its pipeline of Singapore industrial property projects, with the Skye@Tuas development expected to launch sales in 2Q26 and contribute significantly to revenue and net profit in FY26.
  • Maybank raises its target price to SGD0.78, citing increased RNAV and clear visibility on project pipelines through FY27-28, including additional contributions from Senang Crescent and a new worker dormitory, while maintaining a BUY rating.

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 website: https://www.maybank.com/investment-banking

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