Frasers L&C Tr - 1st quarter results update is out! The metrics seem improved quite a bit as compared to FY financial numbers. Average rental reversion is up 36.4 or 13.6 percent for the total L&I. Total occupancy rate improved from 95.1 to 96.2 percent.

 Frasers L&C Tr  - 1st quarter results update is out! The metrics seem improved quite a fair bit as compared to FY financial numbers.  Average rental reversion is up 36.4 anf Total rental reversion of 13.6 percent for the total L&I. Total occupancy rate improved from 95.1 to 96.2 percent. 

Overall the average rental reversion increased 29.8% and Total positive rental reversion of 10.7% is quite a vast improvement! The numbers looks good! 

The cost of borrowings is 3.1% seem not too bad. 

Gearing decreased from 35.6 % to 34.8%.

ATP: Secured leases for ~83% (▲from 

58% as at 30 Sep 25) of ex-Google space. 

Occupancy at 74.5%, if excluding 

committed leases yet to commence. All 

committed leases will commence no later than 3rd quarter of 2026.

WALE 4.9 years.

S$251 million of undrawn committed facilities are currently available to meet 

upcoming debt obligations of S$60 million due in 2QFY2026.

ICR 4.1x. Seem good!

Sembcorp Ind - She may rise up to retest 6.18 again

 Sembcorp Ind  - She may rise up to retest 6.18 again ! Beyond that, she may rise further higher towards 6.40 and above. 

Good news:

This morning price Gapped up and is now trading at 6.06 this is rather positive, likely to see further upwards movement towards 6.20 thab 6.30 and above. 

 Under the PPA, Sembcorp has been supplying up to 450MW of power to Micron’s 

Singapore production facilities. The latest agreement will include an additional 150MW 

of power to support Micron’s growing operations. The added capacity does not change 

the PPA’s original 18-year term, which continues through 2041.

16th Jan 2026:

Sembcorp Ind  - She is slowing rising up after touching the low of 5.80. Now trading at 6.04 looks rather interesting !

she may rise up to test 6.13 than 6.20 - 6.29. Pls dyodd. 

Sembcorp Ind  - She is slowing rising up after touching the low of 5.80. Now trading at 6.04 looks rather interesting!

Sembcorp Ind  - nibbled small units at 5.86 after seeing her being sold down after the acquisition of Alinta Energy in Australia for A6.5b, funded by internal fund plus borrowing! Looks like a great deal! It helps to boost earnings accretive and lifted the ROE to 22.5%, awesome!

Went to Nex for dinner plus bought nice and juicy Japanese strawberries! Nom Nom.

Pls dyodd.

  Sembcorp Ind  - It looks like the price has driven to oversold territory!

At 5.99, yield is quite decent at about 4.34%. Annual dividend is 26 cents.

Last Friday,  she had managed to bounce-off from the low of 5.95 and closed slightly higher at 5.99 looks rather interesting!

She may rise up to test 6.17 and above. 

Not a call to buy or sell!

Pls dyodd. 

ParkwayLife Reit - FY results is out! 2nd Half Dpu is up 3.5 percent to 7.64 cents. Distribution income is up 8.8 percent to 49.8m, results seem gd

 PLIFE REIT DELIVERS RESILIENT FY 2025 

RESULTS WITH SUSTAINED DPU GROWTH 

 Full Year Distribution Per Unit (DPU) grew 2.5% YoY to 15.29 Singapore cents, 

extending PLife REIT’s track record of recurring DPU growth 

 FY 2025 Gross Revenue and Net Property Income increased 7.6% and 8.0% YoY 

respectively, supported by portfolio expansion and organic rental growth

 Strong balance sheet and disciplined capital management with a healthy gearing 

ratio of 33.4% and no long-term debt refinancing requirements until October 2026.

Asia’s largest listed healthcare REITs with an asset portfolio of S$2.57 billion2

, is pleased to 

announce resilient financial results for the full year ended 31 December 2025 (“FY 2025”). 

Despite ongoing market uncertainties and currency volatility, PLife REIT delivered another 

year of stable and recurring DPU growth, underpinned by its diversified healthcare portfolio, 

disciplined capital management and long-term lease structures.

Resilient Financial Performance Reflecting Stable DPU Growth and Cash Flow Strength 

For FY 2025, while distributable income to Unitholders rose 9.1% year-on-year (“YoY”), PLife 

REIT achieved a DPU of 15.29 cents, representing a 2.5% increase due to enlarged unit base3

. 

Operating performance strengthened over the year. Gross Revenue for FY 2025 increased 

7.6% YoY to S$156.3 million while Net Property Income rose 8.0% YoY to S$147.5 million. 

The improvement largely reflects higher contributions from assets acquired in 2024 as well 

as organic rental growth from the Singapore hospital portfolio with step-up lease 

agreements, partially oƯset by foreign currency movements, which remain well managed 

through the Group’s established hedging strategies. 

Maintaining Financial Stability Through Disciplined Risk Management 

PLife REIT maintained a strong and resilient balance sheet in FY 2025 through disciplined 

capital management and a proactive approach to managing interest rate and foreign 

exchange risks. 

As at 31 December 2025, PLife REIT’s gearing ratio stood at a healthy 33.4%, with an all-in 

cost of debt of approximately 1.59% and an interest coverage ratio of 8.6 times.    

ParkwayLife Reit - FY results will be out on 2 Feb after trading hours, dpu estimating 7.6 to 7.8 cents. Current price at 4.08 after being retreated from 4.21 looks rather interesting

ParkwayLife Reit  - FY results will be out on 2 Feb after trading hours,  dpu estimating 7.6 to 7.8 cents. Current price at 4.08 after being retreated from 4.21 looks rather interesting!

locked in some profit at 4.19, now can re-enter for another round of profit! Pls dyodd. 

  ParkwayLife  - FY results will be out on 2nd February 2026, dividend is coming,  nice!

The results will be out after trading hours. Estimating DPU of 7.6 - 7.8 cents!

Chart wise,  it has went up to touch 4.20 but wasn't able to hold and price is back to 4.12 level. 

ParkwayLife Reit  - Today closed well at 4.08, looks rather interesting!

She may rise up to test 4.14 than 4.20 and above.  Pls dyodd. 

 3rd quarter results update Parkway Life Reit has raised its distribution per unit (DPU) by 2.3 per cent to S$0.1156 from S$0.113 in the previous corresponding period.

‌

Distributable income stood at S$75.4 million, up 10.4 per cent from S$68.3 million.

‌

Revenue climbed 8.2 per cent to about S$117.3 million, boosting net property income by 8.1 per cent to about S$110.7 million. 

The price has corrected from 4.44 to close at 4.00. It looks like a gd pivot entry point. 

Yield is about 3.85% seem quite decent!

Pls dyodd. 

PLIFE REIT REPORTS STURDY 1H 2025 RESULTS WITH HIGHER REVENUE 

AND DPU, SUPPORTED BY STRATEGIC GEOGRAPHIC EXPANSION 

 Gross revenue and net property income rose by 8.1% and 8.0% YoY 

respectively, reflecting income growth from acquisitions 

 DI grew by 9.5% year-on-year attributed to acquisitions in 2024 and 

Singapore hospitals with step-up lease arrangements 

 DPU increased 1.5% year-on-year to 7.65 Singapore cents for 1H 2025 

 Financial position remains healthy with gearing at 35.4% and no long-term 

refinancing needs until September 2026

he Group delivered a resilient performance during the period, supported by 

higher rental contributions from its core Singapore hospitals and incremental income 

from newly acquired assets in Japan and France. 

Gross revenue for the half-year rose 8.1% year-on-year (“YoY”) to S$78.3 million, 

while net property income grew 8.0% to S$73.8 million. Distributable income to 

unitholders increased 9.5% YoY to S$49.9 million. Arising from an enlarged unit base3, 

this translated into a Distribution per Unit (“DPU”) of 7.65 Singapore cents, a 1.5% 

increase from the 7.54 Singapore cents declared in the same period last year. 

The improved performance was driven by additional contributions from the acquisition 

of 11 nursing homes in France and one nursing home in Japan in 2H 2024, partially 

offset by the depreciation of the Japanese Yen (“JPY”). Meanwhile, the Group’s 

Singapore hospitals continued to deliver steady growth under long-term master leases 

with fixed 3% annual rental step-ups through FY2025. 

Resilient Portfolio Anchored by Singapore, Strengthened by Geographic 

Diversification 

As at 30 June 2025, PLife REIT’s portfolio comprised 75 properties across Singapore, 

Japan, Malaysia, and France, with a total value of approximately S$2.46 billion3. The 

entry into France in 2024 marked the Group’s first expansion into Europe and reflects 

its strategic focus on diversifying income source away from Japan through exposure 

to mature healthcare markets with long-term demand drivers. 

Singapore remains the anchor of the portfolio, contributing steady and predictable 

income. The Group’s three hospital properties are operated by Parkway Hospitals 

Singapore Pte Ltd, a wholly owned subsidiary of IHH Healthcare Berhad, under long-

term master leases of 20.4 years. These leases include fixed annual rental step-ups of 3%. 

KDC : Keppel DC Reit - FY 2025 DI increased 55.2% year-on-year to $268.1 million, with DPU up 9.8% to 10.381 cents. 2nd Half Dpu is up 7.1% to 5.248 cents. XD 6 February

 4th quarter results is out! 

Keppel DC REIT delivers record-high DPU of 10.381 cents for FY 2025, 

underpinned by strategic acquisitions and strong portfolio performance

Key Highlights 

▪ FY 2025 DI increased 55.2% year-on-year to $268.1 million, with DPU up 9.8% to 10.381 cents. 2nd Half Dpu is up 7.1% to 5.248 cents. XD 6 February. 

▪ Strong financial performance was driven by $1.1 billion of accretive acquisitions in Tokyo and 

Singapore and portfolio reversion of ~45% for FY 2025

▪ Well positioned to capture hyperscale and artificial intelligence (AI)-driven demand, supported by 

healthy balance sheet and aggregate leverage of 35.3%

Chart wise, A nice bullish bar appearing on the chart upon the releasing of the FY results, a spike up of 4-6 cents before closing at 2.28, looks rather bullish! It may rise up to test 2.30-2.32. A nice breakout smoothly plus high volume we may see her rising up further towards 2.43. Pls dyodd. 

Mapletree PanAsia Com Tr - 3rd quarter results is out.DPU is up 2.5 percent to 2.05 cents , it has finally turning around looking good

Hong Kong Festival Walk office assets divestment completed today, 2nd February 2026. Not sure, is this a gd news or not! 

The divestment is mainly used ro pare down loan/debts and use it for Ops ! DPU may be affected!

 Mapletree PanAsia Com Tr  - 3rd quarter results is out.DPU is up 2.5 percent to 2.05 cents , it has finally turning around looking good!

3Q FY25/26 DPU up 2.5% yoy to 2.05 Singapore cents. XD 6th Feb, paydate 18 March 2026.

• Singapore NPI up 5.3% in 3Q FY25/26 and 4.8% in YTD FY25/26 on a yoy

comparable basis, cushioning overseas headwinds

• VivoCity NPI up 10.1% yoy in 3Q FY25/26, with 14.7% rental uplift, sustained full 

committed occupancy and 4.4% yoy tenant sales growth 

• Portfolio achieves positive rental reversion of 0.3% despite overseas market pressures

26 – MPACT Management Ltd., as manager of Mapletree Pan Asia 

Commercial Trust (“MPACT” and as manager of MPACT, the “Manager”), announced its 

financial results for 3Q FY25/26 and Financial Period from 1 April 2025 to 31 December 2025. 

Strong Singapore operations, strategic portfolio optimisation and debt reduction, supported by 

lower interest rates, delivered resilient Distribution per Unit (“DPU”) performance across both 

periods despite overseas headwinds. 

3Q FY25/26 gross revenue and net property income (“NPI”) declined 1.9% and 1.2% year-on-

year (“yoy”) to S$219.4 million and S$164.9 million, respectively. This was largely due to lower 

overseas contributions and the absence of full-period contributions from TS Ikebukuro Building 

(“TSI”) and ABAS Shin-Yokohama Building (“ASY”), which were divested on 22 August 2025 

and 28 August 2025, respectively. 

Singapore’s gross revenue and NPI grew 3.5% and 5.3% yoy respectively, led by VivoCity

following the completion of its Basement 2 asset enhancement initiative (“AEI”), alongside 

continued full committed occupancy and robust rental growth, as well as higher contribution 

from Mapletree Business City (“MBC”) and Other Singapore Properties.