To The Moon

Over the four sessions through to the June 4 close, 22 primary-listed companies conducted buybacks with a total consideration of S$97 million. Singapore Telecommunications again led the buyback tally, with 13.3 million shares at an average price of S$4.33, purchased under the S$2 billion value realisation share buy-back programme Over the five sessions, more than 80 director interests and substantial shareholdings were filed for over 40 primary-listed stocks. Directors or CEOs reported 17 acquisitions and four disposals, while substantial shareholders recorded seven acquisitions and three disposals. 1. $Ho Bee Land(H13.SI)$ Across 28 and 29 May, Ho Bee Holdings acquired a combined 334,700 shares for total consideration of S$702,358, implying an

Industrial S-REITs Name Market Cap ($B) Last Price (S$) P/B Ratio Dividend Yield (%) Portfolio Occupancy (%) Rental Reversion CapitaLand Ascendas REIT  12.5 2.47 1.1 6.1% 90.5% 10.6% Mapletree Logistics Trust  6.1 1.18 0.9 6.2% 96.9% 3.3% Mapletree Industrial Trust  5.5 1.94 1.2 6.6% 91.2% 6.2% ESR REIT 1.9 2.37 0.9 9.2% 91.3% 9.2% AIMS APAC REIT 1.3 1.56 1.2 6.3% 93.6% 6.8% UI Boustead REIT 1.1 0.79 0.9 7.4%* 89.4% NA Alpha Integrated REIT 0.5 0.48 0.9 7.4% 91.4% 12.0% Daiwa House Logistics Trust  0.3 0.49 0.8 8.8% 87.8% NA Industrial real estate investment trusts in Singapore (S-REITs) continued to show resilient operating performance in their latest results, supported by positive rental reversions, healthy occupancy amid proactive leasing and capital management.