Broker's Calls

Buy Dairy Farm at a bargain, says DBS

Despite weaker earnings in Q1, DBS considers Dairy Farm undervalued and a bluechip bargain buy.


Cool collaborations

SINGAPORE (Jan 28): Makers of yachts, ear phones and furniture are working with design partners to come up with unique products for consumers.


Aspen signs management agreement, MoUs with Mariott International

SINGAPORE (Feb 4): Aspen Group’s joint venture (JV) with IKEA Southeast Asia, Aspen Vision City, on Saturday signed a management agreement with Mariott International to operate the Aloft Penang Batu Kawan hotel when it opens in Penang, Malaysia, in 2023

Broker's Calls

Aspen started at ‘buy’ as a Penang transformation play

SINGAPORE (Oct 20): RHB is initiating coverage on Aspen (Group) Holdings, the Penang-based property developer, at “buy” with a target price of 31 cents based on a 45% discount to a RNAV estimation of RM1.5 billion ($480 million).

Aspen Group awards Vertu Resort contract to Kerjaya Prospek Group

SINGAPORE (Aug 17): Aspen Vision City, the joint venture company of Aspen Group and IKEA Southeast Asia, has awarded the main construction of Vertu Resort in Penang to Kerjaya Prospek.