Stocks to watch: DBS, UOB, PropNex, LHN, Coliwoo, Lendlease Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Nov 6):
DBS : The Singapore lender posted on Thursday a net profit for the third quarter ended Sep 30, 2025, that declined 2 per cent to S$2.95 billion, compared with S$3.03 billion in the same year-ago period. This comes as total income reached a new high of S$5.93 billion, though net profit was lower due to the impact of the global minimum tax. The earnings beat the S$2.79 billion consensus forecast in a Bloomberg survey of six analysts. The bank declared an ordinary dividend of S$0.60 per share and a capital return dividend of S$0.15 per share for the period. Shares of DBS closed flat at S$53.50 on Wednesday.
UOB : The bank reported on Thursday a net profit of S$443 million for Q3, down 72 per cent from S$1.61 billion the year before. The result missed the S$1.34 billion consensus estimate in a Bloomberg poll of five analysts. Net interest income fell 8 per cent to S$2.3 billion, as net interest margin declined 23 basis points to 1.82 per cent, from 2.05 per cent in the same period a year prior. Shares of UOB closed 0.1 per cent or S$0.05 lower at S$34.87 on Wednesday.
PropNex : A wholly owned subsidiary of PropNex, PropNex Realty, is one of three defendants being sued for at least S$586,172, allegedly over a breach of duty of care as well as negligent misrepresentation by one of its salespersons. This lawsuit is the fourth reported dispute to be brought against PropNex Realty before the High Court in the year to date. Shares of PropNex closed S$0.01 or 0.4 per cent up at S$2.32 on Wednesday, before this announcement was published.
LHN , Coliwoo: Property management services group LHN’s co-living business Coliwoo has drawn significant investor interest for its initial public offering, with 5.3 million public offer shares about 20.7 times subscribed. At the close of the public offer at noon on Tuesday, the co-living operator received 2,739 valid applications for the offer shares. Coliwoo’s shares will begin trading on Thursday. Shares of LHN closed S$0.015 or 1.9 per cent down at S$0.785 on Wednesday.
Lendlease Global Commercial Reit : The manager of the real estate investment trust (Reit) on Thursday announced the private placement of around S$280 million, up from the initial S$270 million due to strong interest. The units from the placement were issued at S$0.602 apiece, a discount of 3.7 per cent to the adjusted volume-weighted average price of S$0.6253 per unit. The counter closed flat at S$0.635 on Tuesday before a trading halt was called the following morning. It resumes trading on Thursday.
Stoneweg Europe Stapled Trust : Its distributable income declined 4.6 per cent to 57.6 million euros (S$86.5 million) for the nine months ended Sep 30, from 60.4 million euros in the same year-ago period. This was despite a 3 per cent increase in net property income to 102.9 million euros and a 2 per cent rise in revenue to 163.5 million euros. It attributed the fall in distributable income largely to the full impact of strategic asset divestments and a higher interest expense. The counter fell 0.7 per cent or 0.01 euro to close at 1.53 euros on Wednesday.
Bukit Sembawang Estates : The property group posted on Wednesday a net profit of S$47.2 million for the first half-year ended September, down 25 per cent year on year. This was mainly due to a fall of 61 per cent in revenue from its property development segment. No dividend was declared for the period. Earnings per share for the period was at S$0.1821, lower than the S$0.243 in the corresponding period a year before. The group said that it is preparing to launch a new residential landed development, Pollen Collection II, and will continue to focus on the sales of condominium project 8@BT and the balance units at Pollen Collection, while progressing with planning for residential landed development Luxus Hills Phase 10. Shares of Bukit Sembawang Estates closed 1 per cent or S$0.04 down at S$4.16, before the announcement.
