Maybank
Maybank applies to place Dasin Retail Trust’s manager under judicial management
This comes after four subsidiaries received court summonses over Companies Act breaches[SINGAPORE] Maybank has applied to place the trustee-manager of Dasin Retail Trust under judicial management.In a bourse filing...
Maybank initiates ‘buy’ coverage on Soon Hock with S$0.75 target
[SINGAPORE] Maybank Research has initiated coverage on industrial real estate specialist Soon Hock Enterprise with a target price of S$0.75, citing strong visible earnings from its development pipeline and...
Maybank initiates ‘buy’ call on Keppel DC Reit amid demand for AI adoption, cloud migration
[SINGAPORE] Maybank Securities analyst Krishna Guha on Thursday (Jul 17) initiated a “buy” rating on Keppel DC Reit, with a target price of S$2.40, considering that it would benefit from...
Grab’s US$1.5 billion convertible issue seen as prepping for competition and need for capital: Maybank
[SINGAPORE] Grab’s recent move to upsize its five-year convertible note size to US$1.5 billion is timely given that the Asean digital sector – which includes food delivery – is...
Maybank downgrades Thai retail sector on weak sales, consumption
[SINGAPORE] Maybank Investment Bank has downgraded Thailand’s retail sector to “neutral” amid weak consumption and falling same store sales growth (SSSG). The bank’s analyst, Suttatip Peerasub, added in a note...
Maybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings
[SINGAPORE] Maybank Investment Bank has downgraded its rating for the Malaysian banking sector to “neutral”, from “positive” previously, due to slower gross domestic product growth, subdued earnings prospects, and...
Maybank downgrades Malaysia’s Tan Chong Motor to ‘sell’ amid widening losses, competition
[SINGAPORE] Maybank Investment Bank has downgraded Malaysia’s Tan Chong Motor (TCM) to “sell”, from “hold” previously, amid widening losses, weak product appeal and intensifying competition.Despite the downgrade, Maybank maintained...