Brokers' Digest: Reclaims Global, ASL Marine, NTT DC REIT, Food Empire, ThaiBev, Elite UK REIT, PropNex

UOB Kay Hian analysts Tang Kai Jie and Heidi Mo have initiated coverage on Reclaims Global with a “buy” call and 56 cents target price, as they believe that the company, as one of Singapore’s top three earthworks and excavation contractors, is set to ride strong construction tailwinds.