Stock calls for 12 December 2025

Date	Analyst	Company	Last	Target	Call	Valuation
12/12/25	Lim & Tan	Hongkong Land	6.93	7.5	Accumulate on weakness
12/12/25	DMG & Partners	HRnetGroup	0.715	0.85	Buy
12/12/25	CIMB	Keppel Reit	1.03	1.2	Add	DDM
12/12/25	CIMB	Mapletree Commercial	1.43	1.52	Add	DDM
12/12/25	CIMB	Seatrium	2.08	2.67	Add	DDM
12/12/25	Lim & Tan	Seatrium	2.08	2.81	Accumulate on weakness
12/12/25	CIMB	Sembcorp Industries	5.82	7.77	Add	PER13x
12/12/25	JPM	Sembcorp Industries	5.82	5.9	Neutral
12/12/25	UOB Kay Hian	SGX	16.7	17.3	Hold	PER25.5x FY27
12/12/25	Kim Eng	SGX	16.7	18.81	Buy
12/12/25	DBS Vickers	Singtel	4.56	5.71	Buy	Sum of parts