Singapore · Licensed fund management company Accredited & institutional investors only · Important information
ICAM Research

Research on Singapore-listed companies.

Company initiations, results updates and thematic primers from the ICAM research team, organised by investment theme, from technology and REITs to consumer, healthcare and industrials.

80Reports published
35Companies covered
10Thematic & sector primers
7Research themes
80 of 80 reports
01

Thematic & sector primers

Cross-sector research on the structural trends shaping Singapore and regional markets.

10 TITLES · 10 REPORTS
Aviation Innovation Thematic · 1 report
ReportOct 25
E-Commerce Thematic · 1 report
ReportOct 25
EV & Sustainable Transport Thematic · 1 report
ReportSep 25
Fintech & Digital Banking Thematic · 1 report
ReportOct 25
Plastic Recycling Thematic · 1 report
ReportOct 25
Singapore Export Economy Thematic · 1 report
ReportDec 25
Singapore Data Center Primer Sector primer · 1 report
ReportMar 26
Singapore Defence Systems Sector primer · 1 report
ReportMay 26
Singapore New-age Hardware Enablers Sector primer · 1 report
Report
Mandarin Oriental Privatisation Special situation · 1 report
Report
02

Technology & digital

Software, AI, hardware and digital-infrastructure enablers.

5 COMPANIES · 12 REPORTS
AvePoint Inc. Company coverage · 4 reports
Results update2QFY26 Results updateMay 26 Results updateMar 26 InitiationNov 25
Info-Tech Systems Company coverage · 3 reports
Results update1HFY26 Results updateMar 26 InitiationOct 25
Metaoptics Company coverage · 2 reports
Results updateApr 26 InitiationNov 25
Skylink Holding Company coverage · 2 reports
Results updateJun 26 InitiationNov 25
Ultragreen AI Company coverage · 1 report
InitiationApr 26
03

Real estate & REITs

REITs, flexible workspace, accommodation and hospitality assets.

6 COMPANIES · 13 REPORTS
NTT DC REIT Company coverage · 3 reports
Results updateMay 26 Results updateMar 26 InitiationNov 25
Centurion Accommodation REIT Company coverage · 3 reports
Results update1HFY26 Results updateMar 26 Initiation
United Hampshire US REIT Company coverage · 2 reports
Results update1HFY26 InitiationMay 26
JustCo Holdings Company coverage · 2 reports
Results update1HFY26 InitiationJul 26
Coliwoo Holdings Company coverage · 2 reports
Results updateMay 26 Initiation
Hotel Properties Company coverage · 1 report
InitiationJun 26
04

Consumer & retail

Food, beverage, retail and consumer-finance businesses.

8 COMPANIES · 16 REPORTS
Duty Free International Company coverage · 4 reports
Quarterly updateJul 26 Results updateMay 26 UpdateJan 26 Initiation
Delfi Company coverage · 2 reports
Results update1HFY26 InitiationJun 26
QAF Company coverage · 3 reports
Results update1HFY26 Results updateApr 26 Initiation
Valuemax Group Company coverage · 3 reports
Results update1HFY26 Results updateApr 26 Initiation
Kimly Company coverage · 1 report
InitiationJun 26
Leong Guan Company coverage · 1 report
InitiationMay 26
Ever Glory United Company coverage · 1 report
InitiationMay 26
FHH Company coverage · 1 report
InitiationJul 26
05

Healthcare

Pharmaceuticals, consumer health and healthcare services.

3 COMPANIES · 5 REPORTS
China Medical System Company coverage · 2 reports
Results updateApr 26 InitiationNov 25
Haw Par Company coverage · 2 reports
Results updateMar 26 InitiationDec 25
Thomson Medical Group Company coverage · 1 report
InitiationMay 26
06

Industrials, construction & logistics

Construction, engineering, marine, packaging and testing services.

12 COMPANIES · 20 REPORTS
Dezign Format Group Company coverage · 2 reports
Results updateMar 26 InitiationNov 25
Lum Chang Creations Company coverage · 2 reports
Results updateMar 26 InitiationNov 25
Hafary Holdings Company coverage · 2 reports
Results updateMar 26 Initiation
Hock Lian Seng Company coverage · 2 reports
Results updateApr 26 Initiation
Penguin International Company coverage · 2 reports
Results updateApr 26 Initiation
SUTL Enterprise Company coverage · 2 reports
Results updateApr 26 Initiation
Tat Seng Packaging Company coverage · 3 reports
Results update1HFY26 Results updateApr 26 Initiation
OKP Holdings Company coverage · 1 report
InitiationJun 26
Wee Hur Company coverage · 1 report
InitiationMay 26
Infinity Development Company coverage · 1 report
InitiationMay 26
Yangzijiang Maritime Company coverage · 1 report
Initiation
VICOM Company coverage · 1 report
Initiation
07

Energy & resources

Coal and energy producers.

1 COMPANIES · 4 REPORTS
Geo Energy Resources Company coverage · 4 reports
Results update1H26 Quarterly updateMay 26 Results updateApr 26 Initiation

ICAM research is provided for general information to accredited and institutional investors only. It does not constitute investment advice, a recommendation, or an offer or solicitation to buy or sell any security, and does not take into account the objectives, financial situation or needs of any person. ICAM, its staff and its funds may hold positions in securities discussed. Views are as at the date of each report and may change without notice. Where a report is produced with support from a research grant or programme, this is disclosed in the report. Full disclosures, including analyst interests, are set out in each report.

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