Sembcorp Industries (U96) and Boustead SG (F9D) undergoing Strategic Review now,... F9D may set up a REIT soon.

Centurion has started the process to set up a REIT.

Share prices for these companies have all risen strongly recently, at 52week high or at All Time High... that's how the SG mkt works,...

What’s your thought on this? Am not familiar with Boustead’s property assets but heard about them monetising it for years. So it’s gonna be Boustead L&C reit? 🤔

DBS reaches new peak of S$52.87, as STI soars to record high of 4,355.84 points

JPMorgan has bullish STI target of up to 5,000 by year’s end, cites declining interest rates and Republic’s S$5 billion market development programme
[SINGAPORE]  DBS  : D05 +3.64% shares hit an all-time high on Wednesday (Sep 10), helping to boost the Straits Times Index (STI) to a new record as investors continued to bet on Singapore’s efforts to revive the local market.

Shares of the bank soared 3.9 per cent from their previous close to a peak of S$52.87 as at 4.59 pm. It ended the day at S$52.73, up 3.6 per cent or S$1.85.

The STI rose nearly 1.4 per cent, or more than 50 points, to 4,355.84 – new territory for the benchmark index. It finished at 4,346.46, up 1.1 per cent or 48.89 points.

DBS closed at S$50.88 the previous day, while the STI stood at 4,297.57 points. The index has climbed 14.7 per cent in the year to date, while DBS is up nearly 20 per cent in the year to date.

The lender posted a second-quarter year-on-year net profit rise of 1 per cent to S$2.82 billion, beating the S$2.79 billion consensus forecast in a Bloomberg survey of six analysts.

Investors and analysts’ optimism for the Republic’s bourse – especially regarding its blue chips – go beyond just index and stock-price rallies.

Boustead is helping UIB Hldgs yo listbthis REIT. Assets in SG, China, Japan and Vietnam. Not too sure if these assets are wuality ones… must wait gor the prospectus to be logged into MAS OPERA.

Mapletree Logs Trust’s assets in China are ‘suffering’….

And also CONGRATS TO ALL OCBC BANK SHAREHOLDERS

$18

No once transfer to CDP you need a sg bank account to receive payment. You need a CDP account first.

I do not have a DBSV account now but wish to have 1 together with a saving account with DBS in near future.