Mapletree Log Tr - 1st quarter results is out!Gross revenue and net property income (“NPI”) for 1Q FY26/27 increased by 0.8% and 2.0% year- on-year (“y-o-y”) to S$178.9 million and S$156.4 million respectively. The increase was largely driven by contribution from the recent acquisition in India and full-quarter contribution from the completed redevelopment project in Singapore.Dpu is up 0.2 percent to 1.816 vs 1.812 .

 

• Available DPU edged 0.2% higher year-on-year supported by resilient portfolio performance 

• Healthy operating metrics: 96.4% occupancy and 2.3% rental reversion outside China

• Active portfolio rejuvenation with proposed divestments of two properties in China and a property 

in Singapore for approximately S$155 million.

Financial Highlights

Gross revenue and net property income (“NPI”) for 1Q FY26/27 increased by 0.8% and 2.0% year-

on-year (“y-o-y”) to S$178.9 million and S$156.4 million respectively. The increase was largely driven

by contribution from the recent acquisition in India and full-quarter contribution from the completed 

redevelopment project in Singapore, partly offset by the absence of contribution from divested 

properties and weaker regional currencies.

Borrowing costs declined 2.7% y-o-y driven by proactive refinancing efforts and paying down of debt 

with proceeds from divestments. Accordingly, the amount distributable to Unitholders grew 1.1% 

y-o-y, while available distribution per unit (“DPU”) was 0.2% higher.

Compared with the preceding quarter 4Q FY25/26, gross revenue and NPI were 1.3% and 3.3% 

higher quarter-on-quarter (“q-o-q”) respectively mainly due to full-quarter contribution from the India 

acquisition and higher contribution from existing properties in Singapore and Hong Kong SAR.

Amount distributable to Unitholders  remained stable at S$93.0 million as improved operating 

performance was partly weighed down by higher borrowing costs, while DPU was marginally lower 

by 0.2% due to an enlarged unit base.

The portfolio achieved an average rental reversion of about 2.3% in 1Q FY26/27 excluding China, 

and 0.9% including China. Continuing its improving trend, China recorded negative rental reversion of -1.8% vs -2%. 

CapitaLand Investment - She is gaining momentum likely to rise up to test 2.63. Awesome

CapitaLand Investment  - She is gaining momentum likely to rise up to test 2.63. Awesome. Beyond 2.63, she may rise up further towards 2.70 - 2.75. Pls dyodd. 

21st July 2026:

  She is gaining strength,  likely to rise up to test 2.54 than 2.58-2.60. Pls dyodd. 

21st July 2026:

CapitaLand Investment  - She has retreated from 2.70 to 2.49, looks like boat is back. At 2.49, yield is about 4.82 percent of which I think is quite a gd yield level.

She will be releasing her 1st Half results on 13 Aug, do take note. 

Nibbled a bit at 2.47 on 24 July 2026. Huat ah. 

16 June 2026:

CapLand Investment  - She is gaining strength likely to rise up to test 2.62 than 2.69. A nice breakout of 2.70 smoothly plus high volume we may see her rising up further towards 2.80 and above.  Pls dyodd. 

10 June 2026:

  Today,  reit sector seem rising up a bit. May be interest rate may not increase.CLI is up 4 cents to 2.57. Likely to retest 2.62. Pls dyodd . 

 CapLand Investment (9CI.SI) - I think boat is back. At 2.54, yield is quite decent at 4.724 percent which is much higher than CPF OA and MA. Today, month end window dressing effect likely see a rebound soon. Nibbled small units at 2.58. Pls dyodd. 

CapLand Investment (9CI.SI) - I think gd price is back. At 2.78, yield is about 4.3 percent.  Assets light and earnings is based on management fees, interest loan fees seem sustainable.  With the recent Income 8 assets to let CapitaLand manage their properties,  management fees likely get boosted for Y2026.Yiled is pretty decent 4.3 percent. Pls dyodd. 

 Phillip Securities has a TP of 3.69.

1Q26 revenue of S$487mn (-2% YoY) was slightly below our estimates, forming 21% of our FY26e forecast. Fee-related revenue was the standout performer, rising 10% YoY, driven by strong growth in listed (+14%) and private funds (+58%) management, while REIB revenue declined 14% following the divestment of the Synergy platform

CapitaLand Investment's (SGX:9CI) fee-related revenue rose 10% year over year to SG$310 million during the first quarter of the year, according to a Wednesday filing with the Singapore Exchange.

The increase in fee-related revenue was driven by strong growth in listed funds, including the company's share of SC Capital Partners' fee revenue.

Meanwhile, the private funds segment surged 58% year over year to SG$41 million.

CapLand Investment  - Final dividend of 12 cents,  XD 4th May. Paydate 14 May, awesome! AGM is on 28 April 10AM. Do take note!

  Nibbled small units at 2.77. Looks like a strong support level!Yield is about 4.3%. Pls dyodd 

CapLand Investment  - I think price is back to interesting price level! At 2.84, yield is about 4.22 percent seem not bad!She may rise up to test 2.96 than 3.p2 and above. XD in May 2026 for 12 cents dividend. Pls dyodd 

 The price being corrected sharply to 2.78, looks like boat is back! Yield is about  4.31%, seem not bad! Pls dyodd. 

CapLand Investment  - A bullish green candlesticks appearing on the chart after the recent profit taking situation. The price may rise upbto test 3.09-3.12!

Beyond 3.12, shw may rise up to retest 3.17 and above. Pls dyodd. 

Is a great relief! Price rebounded from 2.90 to close at 3.09! Hopefully,  it can stay at this level before XD! Is never wrong to lock in some profit! Pls dyodd. 

Today, went for lunch at this place call Embun seafood restaurant! Somewhere near the Seletar Airport.  The food is quite nice! Is a quiet place tugging away surrounded by many trees and greenery! 

Had giant crab, satays, Fish, prawns, sotong,  veggies and dessert. 

(CLI) recorded stronger Operating PATMI of S$539 million for the Financial Year (FY) 2025, 

up 6% year-on-year (YoY) from S$510 million in FY 2024. At the same time, CLI continued to 

scale its platform, with FUM growing 7% to S$125 billion1 as at end-2025, supported by 

positive fundraising momentum as total equity raised almost doubled to S$6.5 billion.

The improved Operating PATMI of S$539 million in FY 2025 was driven by higher contributions

from the listed funds business, lower interest costs and reduced operating expenses. These 

were partially offset by growth-related expenses to scale the private funds and lodging 

management business, as well as lower contributions following asset divestments. 

Total PATMI for FY 2025 was S$145 million compared to S$479 million in FY 2024, mainly 

due to lower portfolio gains and higher revaluation losses on the Group’s China portfolio.

CLI declared a final dividend of 12 cents, unchanged y-o-y, reflecting a payout ratio of more than 100%.

reflecting continued market softness. Meanwhile, total revenue was stable3 at S$2,133 million

for FY 2025, with higher fee-related revenue earnings, offset by lower contributions from the 

real estate investment business (REIB) post-divestments.

Through disciplined and focused execution, CLI grew FUM to S$125 billion1 as at end-2025, 

up from S$117 billion a year earlier. FUM growth was driven by strong capital raising momentum,

supported by larger follow-on funds launched during the year, as well as positive organic and 

inorganic growth, including CLI’s strategic investments in Wingate and SC Capital Partners. 

Miguel Ko, Chairman of CLI, said: “Amid a challenging and uncertain macroeconomic 

backdrop in 2025, we made steady progress, reinforcing and scaling our platform for long-

term growth. Our strategic investments in Wingate and SC Capital Partners have deepened 

capabilities and broadened institutional reach for CLI. We will continue to build on this 

momentum and focus on long-term value creation, anchored by strategic partnerships and 

disciplined capital allocation.”

UIBREIT - 1st quarter results update is out. Committed portfolio occupancy of 98.1% as at 30 June 20261, up from 89.4% as at 30 September 20252. NPI was 4.3 percent lowered due to weaker Japanese yen and delay in lease commencement for a vacant unit at UIB Konan Phase 2

 Committed portfolio occupancy of 98.1% as at 30 June 20261, up from 89.4% as at 30 September 

20252

• Significant occupancy improvement from the Japan portfolio, which was 100.0% leased as at 30 

June 2026, compared to 76.7% as at 30 September 20252 

• Successful execution of investment strategy with two co-investments in development projects 

across Singapore and Japan within three months of listing; total investment cost of ~S$74.7 million

based on UI Boustead REIT’s respective interest in the development projects

• Commenced asset enhancement initiative works at 84 Boon Keng Road to reposition the property 

from single-tenant to multi-tenant at a cost of S$2.6 million.

The net property income (“NPI”) for the period from the

listing date of 12 March 2026 to 30 June 2026 (the “Period”) was S$29.2 million. This was

approximately 4.3% below the IPO forecast3 (“Forecast”) for the Period, mainly due to the weaker

Japanese yen against the Singapore dollar, as well as delay in lease commencement for a vacant unit

at UIB Konan Phase 2 (which has achieved 100% occupancy as at 30 June 2026). Share of results 

from joint ventures was S$3.3 million for the Period, 30.3% above the Forecast due to better 

performance at Razer SEA HQ and 6 Tampines Industrial Avenue 5.

Hopefully,  next quarter may see a better NPI and hopefully dpu payout is about the same as per the projected yield. 

The Gearing is very healthy at 36.4%. No refinancing required till FY 2029. Seem good. 

Keppel DC Reit - I think boat is back. At 2.23, yield is more than 5 percent for this AI DC Reit counter. Seem like a gd yield level

 Keppel DC Reit  - I think boat is back.  At 2.23, yield is more than 5 percent for this AI DC Reit counter.  Seem like a gd yield level. Pls dyodd.

 Keppel DC Reit  - First Half results is out.  DPU is up 11.3 percent to 5.714 cents vs 5.133 cents last year. I think results seem quite good.

Keppel DC REIT delivers 18.5% growth in 1H 2026 distributable income, 

driven by organic growth and acquisitions

Key Highlights 

▪ 1H 2026 DPU increased 11.3% year-on-year to 5.714 cents 

▪ Secured contract renewals in Singapore and Australia; 1H 2026 portfolio reversion of ~10%1

▪ Portfolio contracted power capacity 2 at ~95% with extended weighted average lease expiry 3

(WALE) of 6.7 years

▪ Strong balance sheet, with aggregate leverage of 34.0% and 1H 2026 cost of debt at 2.6%

▪ Well positioned to pursue disciplined growth in hyperscale assets across key data centre hubs, 

supported by structural demand from cloud and artificial intelligence (AI)

Food Empire - Lai ah, coffee everywhere can see people drinking. Be it at home or shopping malls or coffee shops. Coffee powders is in strong demand. The price may rise up to retest 2.60

 Food Empire  - Lai ah, coffee everywhere can see people drinking. Be it at home or shopping malls or coffee shops. Coffee powders is in strong demand. The price may rise up to retest 2.60. 

Lai ah, jiak cake. Their signature strawberries short cake  is nice and not so sweet. Fresh and fragrance fresh cream. Nom nom.

 Food Empire  - She is slowly recovering after the selling down due to analysts flipping Prata. First Half results should be out in August. Estimating higher interim dividend of 3.5 cents. She had managed to bounce-off from 2.28 to trade at 2.43, looks rather bullish! She may rise up to test 2.50 than 2.60 - 2.65. Pls dyodd. 

8th July 2026: 

  Yesterday, she had managed to crossed over 2.56 and stayed at 2.58, looks rather positive. She may rise up further towards 2.70 and above.

Beyond 2.70, she may rise up to test 2.80 than 2.98 to cover the ex.Bonus Gapped. Pls dyodd. Quote: CLSA's initiation of coverage on the stock with an outperform rating and a target price of S$3.60. The brokerage highlighted Food Empire as an emerging-market coffee platform with franchises like MacCoffee and Cafe Pho, and noted its control over key parts of the manufacturing chain and local distribution networks in markets where affordability and convenience are key.

3rd July 2026:

Food Empire  - She is slowly recovering after it went ex.Bonus recently,  looks rather interesting.

Yearly dividend is about 8 cents. If including special dividend would be about 12 cents. Yield is about 3.3%. I think coffee demand is still strong.  Their revenue likely increase! 

she may rise up to test 2.56. Pls dyodd. 

  Food Empire  - She is slowly climbing up from the low of 2.30 to close at 2.53, looks rather interesting. She may rise up to test 2.56. A nice breakout with ease we may see her rising up further towards 2.70, 2.80 than 3.00 to cover the Gapped.  Pls dyodd. 

 Food Empire- Tomorrow Bonus share crediting to your account,  do take note. Nice.

 After XB a few days ago, price has corrected from 3.03 to 2.39. TERP should be around 2.52. Price corrected more than that. Seem rather weak. Pls dyodd. 

Yesterday, saw some buying interest and pushed the price higher to close at 3.10, up 13 cents plus quite a high volume transacted,  looks rather bullish. 

Next Wednesday XB, will the price get push up to 3.20 and above. Do take note.

XB on 3rd June. Bonus Share crediting on 12 June 26. Do take note!

She is stuck in a trading price range of 2.88 to 3.32. Need a nice breakout of 3.32 with ease so as to drive the price higher. 

The bonus issue dare might be out any moment. Do take note.

Today, they bought back 150k share about 3.07+ per share,  nice. 

The company brought back 150k os share on 15 May at about 3.09+ per share. Looks like share price may see some support at the current price level! Pls dyodd.  

Food Empire starts FY2026 strongly with double-digit revenue 

growth in 1Q2026; enhances liquidity with 1-for-5 bonus issue

• Topline jumps 16.9% to US$159.7 million in 1Q2026 to register a record first quarter 

performance.

This follows five consecutive years of record revenue from FY2021 to FY2025.

• Central Asia and Russia segments deliver outstanding performance in 1Q2026.

• New coffee-mix manufacturing facility in Kazakhstan to contribute positively in FY2026.

The Group remains on a strong financial footing with a healthy balance sheet and net cash position as 

at 31 March 2026.

Ifast - In 2Q2026, the Group achieved a 34.8% YoY growth in total revenue to S$162.04 million, while net profit grew 35.0% YoY to S$29.85 million.

 In 2Q2026, the Group achieved a 34.8% YoY growth in total revenue to S$162.04 million, while net profit 

grew 35.0% YoY to S$29.85 million.

• The Group’s AUA increased 32.8% YoY to a new record high of S$36.13 billion as at 30 June 2026, driven 

by healthy net inflows of S$1.31 billion in 2Q2026 (1H2026: S$2.56 billion).

• For 2Q2026, the Group’s EBITDA1 grew to S$48.89 million, representing a 32.7% YoY growth.

• iFAST Global Bank (“the Bank”) continued to build on its first full year of profitability in 2025 by 

reporting record pretax profit of S$1.92 million in 2Q2026, a growth of 174.5% YoY.

• The Board of Directors declared a second interim dividend of 3.00 cents per ordinary share, representing 

a 50.0% YoY increase.