They keep their “buy” on Sembcorp Industries (SGX:U96
) , Seatrium, Mapletree Industrial Trust (SGX:ME8U) , Mapletree Logistics Trust (SGX:M44U) , Capitaland Ascendas REIT, Venture Corporation (SGX:V03) and Grand Venture Technology (SGX:JLB) , with target prices of $7.35, $3, $1.75, $2.75, $3.25, $2.76 and 70 cents respectively.
Ahead of the 11th Malaysia-Singapore Leaders Retreat happening this month, DBS Group Research remains “optimistic” on the Johor-Singapore Special Economic Zone (JS-SEZ), which they say could reshape the investment landscape in the two countries.
Analysts from DBS have named renewables and energy, data centres, logistics and technology as sectors that will be near term beneficiaries of the SEZ.
