CGS CIMB |
CGS CIMB |
Keppel Corporation
|
CapitaLand Integrated Commercial
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CGS CIMB |
UOB KAYHIAN |
RMC operations remain challenging ■ 2HFY5/22 net profit of S$0.9m (-82% yoy) was below expectations due to weaker-than-expected China operations. Final dividend of 0.2 scts proposed. ■ China operations likely to remain pressured by property market slump and strict pandemic control in FY23F; we expect segment PBT to remain flattish. ■ Singapore operations should remain resilient and well-positioned for earnings growth in FY23F. Reiterate Hold. Our SOP-based TP remains at S$0.10. |
Digital Core REIT (DCREIT SP)
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UOB KAYHIAN | UOB KAYHIAN |
CapitaLand Integrated Commercial Trust (CICT SP)
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Keppel Corp (KEP SP)
|