Construction Machinery and Heavy Transportation Equipment

Seatrium

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Seatrium Ltd. and Cochin Shipyard Limited Sign Memorandum of Understanding for Cooperation

Sembcorp Marine's ROCE Improves to 1.6%

Sembcorp Marine Successfully Delivers BW Opal to BW Offshore

Sembcorp Marine Repurchased 2.6 Million Shares

CityDev MBeCW260930

SingtelMBeCW261030

Teho

Meta Health

DBS MB eCW260730

OCBC Bk MB eCW260930

TencentMBeCW261005

DBS MB eCW260929

In a report released today, from UOB Kay Hian maintained a Buy rating on Seatrium Limited, with a price target of S$3.15.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The word on The Street in general, suggests a Strong Buy analyst consensus rating for Seatrium Limited with a S$2.95 average price target.

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UOB Kay Hian

UOB Kay Hian Sticks to Their Buy Rating for Seatrium Limited (SMBMF)

On April 27, Seatrium announced it will not face criminal prosecution in Singapore over corruption offences in Brazil, following a High Court-approved deferred prosecution agreement. The company will pay US$57 million to local authorities, and its shares rose 1.7% to S$2.41. CapitaLand Ascott Trust reported stable distribution income for Q1, with a 1% increase in revenue per available unit to S$137 and occupancy at 77%. Its stapled securities fell 0.6% to S$0.905.

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CapLand Ascott T

Boustead

UIBREIT

Fu Yu

Stocks to watch: Seatrium, CapitaLand Ascott Trust, Boustead, UI Boustead Reit, Fu Yu

Seatrium has reported a softening demand for its maintenance, repair, and overhaul (MRO) services due to the ongoing Middle Eastern conflict, although the overall impact on its operations is limited. The company has no major projects in the region and has not experienced any contract cancellations. MRO activities have been deferred by some customers, but Seatrium does not anticipate a material effect on its business. The company is pursuing over S$32 billion in potential deals and has implemented procurement strategies to mitigate risks from the conflict.

A.P. Moller - Maersk

FTSE Straits Times Index

STI ETF

Amova Singapore STI ETF

Seatrium customers defer maintenance and repair work amid Mid-East conflict; no material impact expected

Singapore stocks fell on Friday, with the Straits Times Index (STI) down 0.2% to 4,997.93, as investors awaited updates on the US-Iran ceasefire. Losers outnumbered gainers 316 to 257, with 1.8 billion securities traded. OCBC rose 0.3%, while DBS and UOB fell. Yangzijiang Shipbuilding gained 1%, and Seatrium dropped 1.6%. Regional indices were mixed, with Hong Kong, Japan, and South Korea down, while Malaysia gained. Analysts suggest traders may reduce risk ahead of the ceasefire deadline, with potential swift sector rotations if a deal is reached.

YZJ Shipbldg SGD

OCBC Bank

Singapore shares fall on Friday, pending news of US-Iran diplomacy; STI down 0.2%

Seatrium(S51.SG)

UOB Kay Hian Sticks to Their Buy Rating for Seatrium Limited (SMBMF)

Stocks to watch: Seatrium, CapitaLand Ascott Trust, Boustead, UI Boustead Reit, Fu Yu

Seatrium customers defer maintenance and repair work amid Mid-East conflict; no material impact expected

Singapore shares fall on Friday, pending news of US-Iran diplomacy; STI down 0.2%