RHB Bank

BROKERS’ TAKE

RHB initiates coverage on Keppel Infrastructure Trust with ‘buy’ call

The analyst sets a target price of S$0.55 and says the trust should have a ‘modestly growing’ distribution profile

Pretax profit at RHB Singapore almost doubled last year, jumping 95.6 per cent year on year to S$98.7 million.

RHB Bank’s Singapore unit key to regional growth plan, targets

[SINGAPORE] RHB Singapore, part of Malaysia’s fourth-biggest banking group RHB, will be key in driving its regional expansion plans and help meet targets which include hitting a return on equity of 12...

Centurion's  Q1 FY2025 revenue rose 13% year-on-year to S$69 million, driven by higher rental rates for its Singapore dormitories.  Pictured is the company's chief executive Kong Chee Min.
BROKERS’ TAKE

Centurion seen as small-cap ‘jewel’ amid demand for dormitory spaces, potential Reit listing

The counter has generated total returns that have far surpassed that of the STI so far this year

Alfie Yeo, head of small-mid cap research at RHB Singapore.
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BT Podcasts: RHB’s top small-cap picks for 2025

Which sectors in small and mid-cap hold the most potential, and how can investors get in on the action to shore up their portfolios during these volatile times? Howie Lim finds out.

Goh Ken-Yi (L) succeeds Danny Quah, who led RHB Singapore as CEO and country head from 2019.

RHB Singapore appoints new CEO Goh Ken-Yi

In his new role, he aims to expand bank’s presence in priority sectors

Maybank upgraded First Resources to “buy” from “hold”, and raised its target price to S$1.69 from S$1.60 previously. Similarly, RHB upgraded the counter to “buy” from “neutral”, raising its target price to S$1.85 from S$1.65 previously.
BROKERS’ TAKE

Analysts upgrade First Resources to ‘buy’ on FY2024 earnings beat; counter jumps 9%

Maybank and RHB suggest an optimistic outlook for the palm oil company

The offeror intends to maintain the listing status of Suntec Reit on the Singapore Exchange, following the completion of the offer.

RHB says Suntec Reit unitholders should reject S$1.16-per-unit offer, sees positives for the Reit

The offer price is a 44% discount to the Reit’s net asset value per unit, notes the research house

The group’s gross margin improved to 15.5 per cent, above RHB’s 14 per cent expectation.

Brokers’ take: RHB raises ISOTeam target price on strong order book, positive outlook 

It believes the group’s order book can be further boosted by government projects

RHB Bank had mobilised RM23.8 billion in green financing as of end 2023, exceeding its initial target of RM20 billion by 2026 under their sustainability strategy launched in 2022.

Malaysia’s RHB Bank doubles green loans target to RM50 billion

RHB Bank more than doubled its green loans target to RM50 billion (S$14.2 billion) by 2026 after the Malaysia lender surpassed its original target last year.