Brokers' take

Koufu Group | Buy (maintained) April 9: S$0.805 Target price: S$0.95 UOB Kay Hian, April 9

Las Vegas Sands Corporation (LVS) announced a S$4.5 billion commitment to expand Marina Bay Sands (MBS) by adding a 1,000-suite hotel tower, a 15,000-seat entertainment arena and additional MICE space.

LVS expects a lift in visitor volume and spending once the expansion is completed and Koufu's Rasapura Masters could be a major beneficiary, given its relatively affordable price points and unique positioning of housing famous hawker fares.