CGS-CIMB

CGS-CIMB Securities Singapore has appointed veteran economist Song Seng Wun as Singapore economic adviser.

CGS-CIMB Securities on Friday (Aug 25) launched a new Vietnam-focused exchange-traded fund (ETF) on the Singapore Exchange (SGX), with Fullgoal Asset Management (HK) as investment adviser.

CGS-CIMB upgraded its call on Parkway Life Real Estate Investment Trust (Reit) to “buy” from “hold”, after the Reit announced higher topline figures for the first quarter of 2023.

BROKERAGE CGS-CIMB Securities said several group chats on Telegram “of unauthorised origin” have impersonated its group chief executive Carol Fong.

CGS-CIMB has downgraded its call on iFast to “reduce” from “hold” and lowered its target price to S$3.50 from S$3.80, to factor in lower core earnings projections as well as headwinds for the company’...

DBS’ recent earnings for the fourth quarter ended Dec 31, 2022 have drawn mixed reactions from brokerages, despite the bank posting record Q4 profits.

CGS-CIMB has downgraded its call on Singapore Airlines (SIA) to “hold” from “add” as the brokerage no longer views the national carrier’s upside as compelling despite its strong dividends. 

SECURITIES brokerage CGS-CIMB Singapore has expanded its private-market product offerings, and is now giving all individual accredited investors on its platform access to ADDX’s offerings.

CGS-CIMB upgraded its call on Jumbo Group to “add” from “hold” as the research house expects a “much stronger” FY2023 performance for the restaurant operator in both Singapore and China.