The Edge Singapore | iX Biopharma’s US$41 mil lifeline a mere droplet in the gushing US military industrial complex
https://www.theedgesingapore.com/views/frankly-speaking/ix-biopharmas-us41-mil-lifeline-mere-droplet-gushing-us-military-industrial
https://www.theedgesingapore.com/views/frankly-speaking/ix-biopharmas-us41-mil-lifeline-mere-droplet-gushing-us-military-industrial
The Edge Singapore
iX Biopharma’s US$41 mil lifeline a mere droplet in the gushing US military industrial complex | The Edge Singapore
In effect, iX Biopharma is no longer just a biomedical stock testing shareholders’ patience but has become a US defence contractor of sorts.
Skylink Dividends Announcement for FY2026:
- SGD 0.0055 per share
- Close at 5.00 p.m. on 24 September 2026
- The Final Dividend will be paid on 2 October 2026.
- SGD 0.0055 per share
- Close at 5.00 p.m. on 24 September 2026
- The Final Dividend will be paid on 2 October 2026.
Lincotrade: Proposed Acquisition of Opto-Pharm with significant assets property 11 and 13 Tuas Avenue 12
- The total purchase consideration for Opto-Pharm is S$14.3 million
- Acquisition at an Attractive Valuation: The Consideration represents a discount of approximately 7.52% to the Net Tangible Assets (“NTA”) of the Target Group as at 30 June 2026, principally due to the current under-utilisation of the 11 Tuas Avenue Property.
- Creation of Recurring Income Streams: Subject to obtaining the necessary regulatory approvals, the Group intends to develop ancillary workers’ dormitory facilities within the Properties. The Board believes that this will provide the Group with a stable and recurring rental income stream. Given the continued shortage of quality workers’ dormitory accommodation in Singapore, particularly within established industrial estates, the Board expects such facilities to enjoy sustained demand while also
supporting the accommodation needs of the Group’s workforce.
- Unlocking Value of Under-Utilised Assets: The Proposed Acquisition provides the Group with the opportunity to unlock the development potential of the Properties through redevelopment, refurbishment and more efficient utilisation of the available land, thereby enhancing the long-term value of the assets
- Expansion of the Group’s Operational Capacity: The Proposed Acquisition provides the Group with additional industrial facilities and land adjacent to its existing operations, thereby enabling the Group to consolidate and expand its manufacturing, warehousing, logistics and ancillary support functions. The close proximity of the Properties to the Company’s existing factory at 5 Tuas Avenue 12, Singapore 639025 is expected to enhance operational efficiency, improve workflow integration, reduce transportation costs and provide capacity for future business growth.
https://links.sgx.com/FileOpen/Proposed%20Acquisition%20of%20Opto-Pharm%20Pte%20Ltd.ashx?App=Announcement&FileID=904312
- The total purchase consideration for Opto-Pharm is S$14.3 million
- Acquisition at an Attractive Valuation: The Consideration represents a discount of approximately 7.52% to the Net Tangible Assets (“NTA”) of the Target Group as at 30 June 2026, principally due to the current under-utilisation of the 11 Tuas Avenue Property.
- Creation of Recurring Income Streams: Subject to obtaining the necessary regulatory approvals, the Group intends to develop ancillary workers’ dormitory facilities within the Properties. The Board believes that this will provide the Group with a stable and recurring rental income stream. Given the continued shortage of quality workers’ dormitory accommodation in Singapore, particularly within established industrial estates, the Board expects such facilities to enjoy sustained demand while also
supporting the accommodation needs of the Group’s workforce.
- Unlocking Value of Under-Utilised Assets: The Proposed Acquisition provides the Group with the opportunity to unlock the development potential of the Properties through redevelopment, refurbishment and more efficient utilisation of the available land, thereby enhancing the long-term value of the assets
- Expansion of the Group’s Operational Capacity: The Proposed Acquisition provides the Group with additional industrial facilities and land adjacent to its existing operations, thereby enabling the Group to consolidate and expand its manufacturing, warehousing, logistics and ancillary support functions. The close proximity of the Properties to the Company’s existing factory at 5 Tuas Avenue 12, Singapore 639025 is expected to enhance operational efficiency, improve workflow integration, reduce transportation costs and provide capacity for future business growth.
https://links.sgx.com/FileOpen/Proposed%20Acquisition%20of%20Opto-Pharm%20Pte%20Ltd.ashx?App=Announcement&FileID=904312
Shirley Wong (New Partner of 8PR) https://www.linkedin.com/posts/shirleywongx_im-very-happy-to-share-that-ive-joined-activity-7505860636808224768-iAn-
LinkedIn
I’m very happy to share that I’ve joined 8PR Asia as Partner. 👋
Investor relations has always been one of my first loves, and…
Investor relations has always been one of my first loves, and…
I’m very happy to share that I’ve joined 8PR Asia as Partner. 👋
Investor relations has always been one of my first loves, and to me, good IR is not just about visibility or disclosure, but about building relevance, resonance and trust. Over the past few…
Investor relations has always been one of my first loves, and to me, good IR is not just about visibility or disclosure, but about building relevance, resonance and trust. Over the past few…
The Assembly Place (TAP), Singapore’s largest and most diversified Community Living operator, is well positioned to ride this wave:
Making room for co-living in Singapore as investors commit, demand broadens - https://www.businesstimes.com.sg/property/making-room-co-living-singapore-investors-commit-demand-broadens
Making room for co-living in Singapore as investors commit, demand broadens - https://www.businesstimes.com.sg/property/making-room-co-living-singapore-investors-commit-demand-broadens
The Business Times
Making room for co-living in Singapore as investors commit, demand broadens
The Republic should create clearer pathways for conversion and development Read more at The Business Times.
17-09-26, Lincotrade & Associates Holdings Limited.pdf
1.1 MB
SAC Capital on Lincotrade (Higher Target Price:S$0.529, BUY)
Order Book Gets a Boost
Raising forecasts and target price; BUY maintained. We raise our FY27E revenue forecast by 13.1% to S$134.8 million and introduce FY28E revenue of S$152.1 million, up 12.8% YoY. FY27E net profit is lifted 12.0% to S$10.3 million, with FY28E net profit of S$13.2 million, as gross margin widens from 13.3% in FY26 to 14.0% in FY27E and 14.6% in FY28E on a full year of Tuas HQ cost savings. We maintain our BUY recommendation and raise our target price to S$0.529 from S$0.387, applying the peer average forward PER of 9.4x to our FY27E EPS of 5.61 SG cents. This represents an upside of 92.4% from current levels.
Order Book Gets a Boost
Raising forecasts and target price; BUY maintained. We raise our FY27E revenue forecast by 13.1% to S$134.8 million and introduce FY28E revenue of S$152.1 million, up 12.8% YoY. FY27E net profit is lifted 12.0% to S$10.3 million, with FY28E net profit of S$13.2 million, as gross margin widens from 13.3% in FY26 to 14.0% in FY27E and 14.6% in FY28E on a full year of Tuas HQ cost savings. We maintain our BUY recommendation and raise our target price to S$0.529 from S$0.387, applying the peer average forward PER of 9.4x to our FY27E EPS of 5.61 SG cents. This represents an upside of 92.4% from current levels.
Mitsui OSK to sell older oil tankers as vessel prices surge
(Sept 17): Japan’s Mitsui OSK Lines Ltd is planning to sell a few of its older oil tankers to take advantage of a surge in vessel prices as the Middle East war strains shipping capacity.
“We should not miss the opportunity,” Chair Takeshi Hashimoto said on the sidelines of the Gastech conference in Bangkok on Wednesday. “The price is quite attractive for us,” he said, adding that one to two ships would be sold per year.
MOL, as the company is known, is one of Japan’s largest owners of oil and gas tankers, and operates a fleet of more than 900 vessels overall, including bulk carriers and container ships.
The strategy offer rewards, although shipowners that sell would have less control over supply chains. The wars in the Middle East and Ukraine are disrupting normal trade routes and forcing oil producers to use complex workarounds to get crude to customers in Asia and Europe, tightening shipping capacity and sending freight rates surging.
Other shipowners are scooping up vessels to ensure that they have readily available tonnage at any time. Persian Gulf nations have embarked on a tanker-buying spree so as to assert more control over oil exports through the Strait of Hormuz.
Currently, a five-year-old very large crude carrier can sell for about US$151 million, more than a newly built one that costs US$130 million, data from Signal Ocean show. That’s because shipbuilding yards are unable to take requests for new ships until the end of this decade. A 20-year-old tanker can go for about US$71 million, a 90% increase from a year ago.
Activist investor Elliott Investment Management LP said earlier this year that it took a “significant stake” in MOL as fleet values increased, and that it planned to nudge the shipowner to sell some of its vessels in order to improve capital efficiency.
(Sept 17): Japan’s Mitsui OSK Lines Ltd is planning to sell a few of its older oil tankers to take advantage of a surge in vessel prices as the Middle East war strains shipping capacity.
“We should not miss the opportunity,” Chair Takeshi Hashimoto said on the sidelines of the Gastech conference in Bangkok on Wednesday. “The price is quite attractive for us,” he said, adding that one to two ships would be sold per year.
MOL, as the company is known, is one of Japan’s largest owners of oil and gas tankers, and operates a fleet of more than 900 vessels overall, including bulk carriers and container ships.
The strategy offer rewards, although shipowners that sell would have less control over supply chains. The wars in the Middle East and Ukraine are disrupting normal trade routes and forcing oil producers to use complex workarounds to get crude to customers in Asia and Europe, tightening shipping capacity and sending freight rates surging.
Other shipowners are scooping up vessels to ensure that they have readily available tonnage at any time. Persian Gulf nations have embarked on a tanker-buying spree so as to assert more control over oil exports through the Strait of Hormuz.
Currently, a five-year-old very large crude carrier can sell for about US$151 million, more than a newly built one that costs US$130 million, data from Signal Ocean show. That’s because shipbuilding yards are unable to take requests for new ships until the end of this decade. A 20-year-old tanker can go for about US$71 million, a 90% increase from a year ago.
Activist investor Elliott Investment Management LP said earlier this year that it took a “significant stake” in MOL as fleet values increased, and that it planned to nudge the shipowner to sell some of its vessels in order to improve capital efficiency.
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*Hormuz Crisis to Push Global Coal Demand to Record High*
* Global coal demand is forecast to rise 1.2% to a record 8.94 billion tonnes in 2026, with Chinese demand reaching about 5 billion tonnes and Indian demand 1.353 billion tonnes.
* Higher gas prices caused by reduced LNG flows through Hormuz are encouraging gas-to-coal switching, while strong El Niño conditions are adding cooling demand and reducing hydropower availability.
https://oilprice.com/Energy/Coal/Hormuz-Crisis-to-Push-Global-Coal-Demand-to-Record-High.html
* Global coal demand is forecast to rise 1.2% to a record 8.94 billion tonnes in 2026, with Chinese demand reaching about 5 billion tonnes and Indian demand 1.353 billion tonnes.
* Higher gas prices caused by reduced LNG flows through Hormuz are encouraging gas-to-coal switching, while strong El Niño conditions are adding cooling demand and reducing hydropower availability.
https://oilprice.com/Energy/Coal/Hormuz-Crisis-to-Push-Global-Coal-Demand-to-Record-High.html
Oil Price
Hormuz Crisis to Push Global Coal Demand to Record High
The IEA expects global coal demand to reach a record 8.94 billion tonnes in 2026 as Middle East energy disruptions and weather effects increase coal use in several major markets.