Broker's take: Maybank KE upgrades Singapore, Malaysia tech sectors to 'positive'

MAYBANK Kim Eng has upgraded its rating on the tech sectors in Singapore and Malaysia to 'positive' from 'neutral'.

Artivision a step closer to proposed reverse takeover

CATALIST-LISTED Artivision Technologies has completed the pre-clearance consultation on certain matters for its plan to acquire electronic payment and online retail business Mobile Credit Payment (MC Payment).

Stocks to watch: SIA, Ascendas Reit, Keppel, Sabana Reit, ESR-Reit, OCBC, SPH

THE following companies saw new developments that may affect trading of their shares on Monday:

BROKERS’ TAKE

Jefferies Equity upgrades Cathay Pacific to a 'buy'

JEFFERIES Equity Research has upgraded its rating on Cathay Pacific Airways to "buy" from "hold", while raising its price target to HK$8.70 from HK$6.30 previously.

Broker's take: Jefferies raises target price on Cathay Pacific, upgrades to 'buy'

JEFFERIES Equity Research has upgraded its rating on Cathay Pacific Airways to "buy" from "hold", while raising its target price to HK$8.70 from HK$6.30 previously.

Digital asset platform Fireblocks bags US$30m in Series B funding

FIREBLOCKS, an all-in-one platform to store, transfer, and issue digital assets, has raised US$30 million in Series B funding, led by crypto-focused investment firm Paradigm.

Stocks to watch: CDL, CDLHT, Starburst, Delfi, Centurion, SPH Reit, Aspen, DBS

THE following companies saw new developments that may affect trading of their shares on Thursday.

VIRUS OUTBREAK: JOBS IMPACT

Prudential plans to hire up to 500 more financial consultants in 2021

PRUDENTIAL Singapore on Wednesday said it plans to hire more mid-career individuals and fresh graduates amid the Covid-19 downturn.

Bukit Pasoh shophouse up for sale with S$10.5m guide price

SINGAPORE'S shophouse blitz is showing no signs of abating, with another one at 6 Bukit Pasoh Road up for sale at a guide price of S$10.5 million.

Bukit Pasoh shophouse for sale with S$10.5m guide price

SINGAPORE'S shophouse blitz is showing no signs of abating, with another at 6 Bukit Pasoh up for sale at a guide price of S$10.5 million.

Prudential Singapore plans to hire up to 500 more financial consultants in 2021

PRUDENTIAL Singapore on Wednesday said it plans to hire more mid-career individuals and fresh graduates amid the Covid-19 downturn.

Credit Bureau Asia eyes mainboard listing on SGX

CREDIT Bureau Asia (CBA), a credit and risk information solutions provider, has lodged a preliminary prospectus for a mainboard listing on the Singapore Exchange (SGX).

Singapore stocks open higher on Wednesday; STI up 0.1%

SINGAPORE shares began trading on Wednesday morning in slightly positive territory, even as US equities retraced from their recent highs overnight amid a soft retail sales report and as a vaccine-led rally faded.

SIA, Sats climb as vaccine hopes spur rally

TRAVEL and tourism-related stocks rose on Tuesday, as positive news from Moderna's Covid-19 vaccine trials boosted investor confidence.

Hot stocks: SIA, SATS climb as vaccine hopes spur rally

TRAVEL and tourism-related stocks revved higher on Tuesday, as positive news from Moderna's Covid-19 vaccine trials boosted investor confidence. The firm is the second drugmaker after Pfizer to announce promising trial data.

Teckwah's offeror compulsorily acquires dissenting shareholders' shares

CLEMENTINE Investments - a consortium of Teckwah Industrial Corp's three largest shareholders - has exercised its right to compulsorily acquire all the shares of shareholders who have not accepted its privatisation offer, Teckwah announced in a regulatory filing on Monday evening.

SIA doubles limit of medium-term note programme to S$10b

SINGAPORE Airlines (SIA) has upsized its multicurrency medium-term note programme limit to S$10 billion, up from S$5 billion previously, the flag carrier said in a bourse filing on Tuesday.

New Silkroutes appoints CEO as executive director, new finance director

HEALTHCARE and energy firm New Silkroutes Group has appointed chief executive officer (CEO) VicPearly Wong as its executive director, and Lincoln Kwok as its finance director.

CapitaLand to grow China exposure in high-growth sectors

CAPITALAND has targeted to grow its China exposure in the "new economy" sector to S$5 billion over the next few years, from S$1.5 billion.

HOT STOCKS

Medtecs climbs 12% as company eyes mainboard transfer

SHARES of Medtecs International ended Monday higher, even as other healthcare plays reversed course to end lower for the day.

Swiss tech firm ABB wins US$30m Tuas Water Reclamation Plant contract

SWISS tech firm ABB has bagged a US$30 million contract from Singapore's national water agency PUB to deliver a site-wide plant monitoring and control system for the Tuas Water Reclamation Plant (WRP).

Broker's take: DBS upgrades Apac Realty to 'buy' on steady transactions, valuations

DBS Group Research has upgraded its recommendation on real estate services provider Apac Realty to "buy" from "hold", citing better-than-expected property transaction activities and "attractive valuations".

Hot stock: Medtecs jumps 13% as firm eyes mainboard transfer

SHARES of Medtecs International soared at the start of the week, after the personal protective equipment and hospital service provider said it is planning to transfer its listing from the Catalist to the mainboard of the Singapore Exchange.

CapitaLand to grow investments in business parks, logistics and data centres in China

CAPITALAND has targeted to grow its China exposure in the "new economy" sector to S$5 billion over the next few years, from S$1.5 billion.

Sembcorp unit announces end of water concession in Batam

SEMBCORP Industries on Monday said a 25-year concession which allows its partially-owned company to supply potable water to residential and non-residential customers in Batam has lapsed.