Broker Name: Lim & Tan Securities
Date of Report: 09 March 2026
Excerpt from Lim & Tan Securities report.
Report Summary
- Singapore’s FSSTI index closed flat at 4,848.3, while global markets saw declines, with the S&P 500 and Nasdaq falling over 1%.
- Seatrium Limited secured a major contract from Karpowership for its eighth FSRU conversion, highlighting Seatrium’s global leadership in FSRU conversion projects and potential upside due to higher oil and gas prices.
- UI Boustead REIT IPO is recommended with a “Subscribe” rating due to its attractive yield, diversified exposure to Singapore and Japan industrial assets, and solid sponsor pipeline.
- Chinese insurers, including Ping An, are increasing investments in Hong Kong-listed Chinese banks, attracted by high dividend yields and low valuations despite challenging sector fundamentals.
- Institutional investors were net sellers on SGX for the week, especially in financials, while retail investors were net sellers overall but bought into consumer cyclicals and financial services.
- Upcoming dividend schedules for several Singapore-listed companies are outlined, including major banks and industrial names.
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
