Soon Hock Enterprise Set to Benefit From Property Launch -- Market Talk

Dow Jones

Apr 21

0718 GMT - Soon Hock Enterprise is poised to benefit from the launch of its Skye@Tuas industrial property in Singapore, uSmart Group's Ng Xin Yang says in a research report. Located opposite Tuas Link MRT and launching into a 2026 window with limited competing multiuser industrial supply, the property's conditions at launch are structurally favorable, the analyst says. Also, its freehold assets at 20 Shaw Road and Senang Crescent, together with its recent acquisition of Kewalram House in March, extend the real estate developer's earnings visibility to FY 2029 and beyond. uSmart Group initiates coverage of the stock with a buy rating and a target price of S$0.72. Shares are unchanged at S$0.635. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 21, 2026 03:18 ET (07:18 GMT)

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Located opposite Tuas Link MRT and launching into a 2026 window with limited competing multiuser industrial supply, the property's conditions at launch are structurally favorable, the analyst says. Also, its freehold assets at 20 Shaw Road and Senang Crescent, together with its recent acquisition of Kewalram House in March, extend the real estate developer's earnings visibility to FY 2029 and beyond. uSmart Group initiates coverage of the stock with a buy rating and a target price of S$0.72. Shares are unchanged at S$0.635. 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Located opposite Tuas Link MRT and launching into a 2026 window with limited competing multiuser industrial supply, the property's conditions at launch are structurally favorable, the analyst says. Also, its freehold assets at 20 Shaw Road and Senang Crescent, together with its recent acquisition of Kewalram House in March, extend the real estate developer's earnings visibility to FY 2029 and beyond. uSmart Group initiates coverage of the stock with a buy rating and a target price of S$0.72. Shares are unchanged at S$0.635. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 21, 2026 03:18 ET (07:18 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SHE.SI","symbol_name":"Soon Hock","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2629083856","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2629083856","pubTimestamp":1776755880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0718 GMT - Soon Hock Enterprise is poised to benefit from the launch of its Skye@Tuas industrial property in Singapore, uSmart Group's Ng Xin Yang says in a research report. Located opposite Tuas Link MRT and launching into a 2026 window with limited competing multiuser industrial supply, the property's conditions at launch are structurally favorable, the analyst says. Also, its freehold assets at 20 Shaw Road and Senang Crescent, together with its recent acquisition of Kewalram House in March, extend the real estate developer's earnings visibility to FY 2029 and beyond. uSmart Group initiates coverage of the stock with a buy rating and a target price of S$0.72. Shares are unchanged at S$0.635. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SHE.SI":"Soon Hock","CFA.SI":"NikkoAM-STC Asia REIT"},"translate_title":"Soon Hock Enterprise将从房地产开发中受益——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SHE.SI":0.9,"CFA.SI":1.5},"content_text":"0718 GMT - Soon Hock Enterprise is poised to benefit from the launch of its Skye@Tuas industrial property in Singapore, uSmart Group's Ng Xin Yang says in a research report. Located opposite Tuas Link MRT and launching into a 2026 window with limited competing multiuser industrial supply, the property's conditions at launch are structurally favorable, the analyst says. Also, its freehold assets at 20 Shaw Road and Senang Crescent, together with its recent acquisition of Kewalram House in March, extend the real estate developer's earnings visibility to FY 2029 and beyond. uSmart Group initiates coverage of the stock with a buy rating and a target price of S$0.72. Shares are unchanged at S$0.635. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 21, 2026 03:18 ET (07:18 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}