To The Moon

SINGAPORE - Thai billionaire Charoen Sirivadhanabhakdi’s Frasers Property is making a second attempt to take private its hospitality real estate investment trust at a valuation of $1.37 billion. The company on May 14 announced an offer of 71 cents in cash per stapled security for Frasers Hospitality Trust (FHT). This represents a 7 per cent premium to FHT’s last traded price of 66.5 cents before the counter announced a trading halt on May 13. It is also a 36.3 per cent premium to the FHT’s volume weighted average price for the 12-month period up to the last trading date. $Frasers HTrust(ACV.SI)$ $DBS Group Holdings(D05.SI)$ $Apple(AAPL)$ <

DBS Group Research has raised its price target for StarHub to S$1.54 from S$1.25 with expectations for the company’s cybersecurity business, Ensign InfoSecurity, to go public before October 2025. The analyst has assumed Ensign’s enterprise value at S$730 million to S$1.1 billion, with StarHub’s 55.73 per cent stake in the company entitling the group to some S$406 million to S$610 million – or some 20 to 30 per cent of the group’s S$2.1 billion market capitalisation $StarHub(CC3.SI)$ $Meta Platforms, Inc.(META)$

DBS Group Research has raised its price target for StarHub to S$1.54 from S$1.25 with expectations for the company’s cybersecurity business, Ensign InfoSecurity, to go public before October 2025. The analyst has assumed Ensign’s enterprise value at S$730 million to S$1.1 billion, with StarHub’s 55.73 per cent stake in the company entitling the group to some S$406 million to S$610 million – or some 20 to 30 per cent of the group’s S$2.1 billion market capitalisation $StarHub(CC3.SI)$ $Meta Platforms, Inc.(META)$

DBS Group Research has raised its price target for StarHub to S$1.54 from S$1.25 with expectations for the company’s cybersecurity business, Ensign InfoSecurity, to go public before October 2025. The analyst has assumed Ensign’s enterprise value at S$730 million to S$1.1 billion, with StarHub’s 55.73 per cent stake in the company entitling the group to some S$406 million to S$610 million – or some 20 to 30 per cent of the group’s S$2.1 billion market capitalisation $StarHub(CC3.SI)$ $Meta Platforms, Inc.(META)$

CapitaLand Investment : 9CI 0% (CLI) is moving to list its first real estate investment trust (Reit) in China with two major malls valued at 2.8 billion yuan (S$499 million). The listing on the Shanghai Stock Exchange will be the first for a retail Reit by an international company Gerry Chan, chief executive officer of CapitaLand China Trust’s (CLCT) manager, said that the new Reit, CapitaLand Commercial C-Reit (CLCR), offers a strategic opportunity for CLCT to enter the expanding China Reit (C-Reit) market. $CapLand China T(AU8U.SI)$ $CapitaLandInvest(9CI.SI)$ $DBS Group Holdings(D05.SI)$

CapitaLand Investment : 9CI 0% (CLI) is moving to list its first real estate investment trust (Reit) in China with two major malls valued at 2.8 billion yuan (S$499 million). The listing on the Shanghai Stock Exchange will be the first for a retail Reit by an international company Gerry Chan, chief executive officer of CapitaLand China Trust’s (CLCT) manager, said that the new Reit, CapitaLand Commercial C-Reit (CLCR), offers a strategic opportunity for CLCT to enter the expanding China Reit (C-Reit) market. $CapLand China T(AU8U.SI)$ $CapitaLandInvest(9CI.SI)$ $DBS Group Holdings(D05.SI)$

City Developments Limited's (CDL) CEO Sherman Kwek is not ruling out the possibility of continuing share buybacks, considering that its current share price levels is at an over 70% discount to its true value. As at the FY2024 ended Dec 31, 2024, CDL's net asset value (NAV) stood at $10.17 per share while its revalued NAV (RNAV) stood at $17.57 per share or $19.68 per share considering its fair value taken all valuation surpluses on portfolio. $CityDev(C09.SI)$ $DBS Group Holdings(D05.SI)$ $TENCENT(00700)$ $Apple(AAPL)$