Meeting EQDP Fund managers- Singapore in Focus

 

From PhillipCapital

Group selfies with from Left: PSPL Head and Chief investment director Daryl and fund managers Hock Fai (Manulife) and Kenneth Tang (Amova)

Just sat through one of the most useful fireside chats on Singapore equities in months. Great to connect with veterans and fellow practitioners.

PhillipCapital brought together Chan Hock Fai (Manulife) and Kenneth Tang (Amova) to talk "Singapore in Focus: Global Macro Trends Reshaping the Market."

My three raw takeaways—no sugarcoating:
1. Singapore as a safe haven
Lower volatility than the S&P 500 + attractive dividend yield = better risk-adjusted returns. Not exciting. Just effective.

2. Structural change is real
Share buybacks, dividends, and divestments of non-core assets (Singtel, Keppel cited). CEOs finally acting like owners.

3. EQDP is the quiet trigger
Not just policy. A behavioral shift for listed companies, investors, and intermediaries. Institutional shadows are returning.

The bottom line: Singapore won't be a growth rocket. But for patient capital seeking yield and stability? The scaffolding is finally there.

Click on link below to see my full breakdown.

https://bit.ly/ericshareEP50_SGMacroEQDP

The BT Interview: Why This Singapore Market Rally May Persist

Source: BT 5 May 2026

I was interviewed by The Business Times earlier. Here's the my personal opinion about the SG market rally.

Yesterday, Ranamita Chakraborty's piece—"Singapore Equities Market is Buzzing: Market Participants Hope It Will Last"—went live.

I was honored to be one of those participants. But "hope" is not an investment strategy.

In my full Conviction Compass newsletter, I expand on what I told BT. 

Three structural shifts, not sentiment, are propping up this rally:

1.  More listings are arriving and investment seminars.

 For years, the complaint was "nothing new." That is changing. I am seeing more genuine, earnings-backed issuers eyeing SGX than since 2012. That builds a real floor.

2. Value-Up programs are gaining teeth.

 More listed firms are explicitly connecting their strategy to shareholder returns—not just generic slides. That alignment builds trust. Trust builds lasting markets.

3. MAS EQDP is the quiet conductor.

 Not cheerleading—engineering. The Equity Development Programme is deepening stakes and reducing friction. It's the reason institutional shadows are returning.

Will the buzz last?

 Not every day. But the scaffolding is finally there.

👉 Read my full breakdown in Conviction Compass :https://bit.ly/ericshareEP49_BT_SGRally

Veterans don't chase noise. They watch structure change.

PLQ Mall: The Final Piece of the Puzzle-Lendlease REIT

Financial Experts at PLQ Mall

🟢 Just visited PLQ Mall yesterday with Lendlease REIT CEO Guy Cawthra. Here's what every income investor needs to know. Thank you SGX Group for the invitation.

As an SGX REIT Ambassador, I get ground-level access to the management teams shaping Singapore's real estate landscape.

My latest visit? **PLQ Mall**—now with Lendlease REIT acquiring the remaining **30% stake** to own it 100%.

Over dinner with CEO Guy, we discussed:
✅ **The S$196.6m Preferential Offering** – why equity funding matters for your distributions
✅ **The "clustering effect"** – how full ownership of PLQ Mall strengthens their Paya Lebar moat
✅ **Portfolio focus** – Possible divestment of Milan, staying laser-focused on Singapore
✅ **The truth about a possible name change** (and why performance matters more)

Key takeaways every REIT investor should understand before the PO closes on 18 March.

👇 Read my full **ConvictionCompass** analysis below.
https://bit.ly/ericshareEp48_LendleaseReit

At Eric Wealth Advisory:
✅ We decode complex strategies into actionable insights and we handle the execution for you. Most importantly, we free up your time to pursue your other passions or spend quality time with your loved ones.
✅ We bridge the gap between investors and management.
✅ We turn exclusive access into your competitive edge.

1️⃣ Follow me for REIT or SGX deep dives (next: What's trending, data centre REITs disruption, industrial, top leadership and management moves, etc).
2️⃣ DM me to discuss how real estate, equities or reits can diversify your income portfolio.👉

👉 Connect at ohlh@phillip.com.sg
📲 View my profile: https://lnkd.in/dWxD6Vb
👉 Eric Wealth Advisory Website: https://bit.ly/EricWA
📩 [Subscribe: The Conviction Compass]: https://lnkd.in/gt_MTnaT

Do note this sharing is based on my personal opinion not investment recommendation. Hence investors are encouraged to do their own due diligence. Cheers

Wishing you and Family a Blessed, Healthy and Prosperous CNY in 2026

Wishing you and Family a Blessed, Healthy and Prosperous CNY in 2026!!! 

Driven by TSMC's Trade Deal with the U.S., Strong Q4 Earnings, and Its $50 Billion Capex Plan, Optimism Resurges in Asia-Pacific Tech Stocks 联合早报

 

Source: LianHe ZaoBao

Thank you  (Ulrica) Lin for the LianHe Zaobao interview.

Below is my english translation for the newspaper article published by 联合早报on physical copy of 17 Jan 2026. Note there may be slight changes due to the translation. Block Quote are my personal view shared in the interview.

For the original Chinese version click here: https://bit.ly/LianHeZaoBao_17Jan2026

Buoyed by TSMC's trade agreement with the United States, its impressive fourth-quarter earnings last year, and its massive $50 billion (approximately S$64.4 billion) capital expenditure plan, optimism has re-emerged in the technology sector across Asia-Pacific stock markets. This lifted indices in places like Seoul and Taiwan, while other Asia-Pacific markets closed mixed.

The Singapore Straits Times Index (STI) rose 0.33% or 15.76 points on Friday (Jan 16), closing at 4,849.10 points. Total trading volume on the Singapore market that day was 1.39 billion shares, with a total turnover of S$1.5 billion. Advancers outnumbered decliners 307 to 261.

In other Asia-Pacific markets, Seoul and Taiwan, which have heavier weightings in tech stocks, performed strongly, closing up 0.9% and 1.94% respectively. Tokyo fell 0.32%; Shanghai and Shenzhen dipped 0.26% and 0.13% respectively; Hong Kong slipped 0.29%; while Sydney gained 0.46%.

Mr. Eric Oh (Hu Lihui), Financial Services Manager at Phillip Securities, noted in an interview that although the Singapore stock market is not entirely dominated by the tech sector, some listed companies locally are participating in and benefiting from AI infrastructure development. "This includes real estate investment trusts (REITs) with data center assets, companies in the semiconductor supply chain, or industrial property stocks that provide the necessary space," he said.

He added, "If global capital continues to seek defensive growth markets, the STI has the potential to break through the next resistance level of 5,000 points, leveraging the yield, governance, and regional strengths of its listed companies, thereby extending the current upward trend."

For more details of the english translation: https://bit.ly/ericshareEp47_LianHeZaobao_inteview

At Eric Wealth Advisory:

✅ We decode complex strategies into actionable insights and we handle the execution for you. Most importantly, we free up your time to pursue your other passions or spend quality time with your loved ones.

✅ We bridge the gap between investors and management.

✅ We turn exclusive access into your competitive edge.

1️⃣ Follow me for REIT or SGX deep dives (next: What's trending, data centre REITs disruption, industrial, top leadership and management moves, etc).

2️⃣ DM me to discuss how real estate, equities or reits can diversify your income portfolio.👉

👉 Connect at ohlh@phillip.com.sg

📲 View my profile: https://lnkd.in/dWxD6Vb

👉 Eric Wealth Advisory Website: https://bit.ly/EricWA

📩 [Subscribe: The Conviction Compass]: https://bit.ly/ConvictionCompass

 Previous Post on SAS forum: https://bit.ly/ericshareEp46_SASEquityForum

 ***This is not financial advice or recommendation but for general sharing of my personal takeaways.

#ConvictionCompass #ericwealthadvisory #Investing

Beyond the Headlines: 3 Structural Shifts from the SAS Equities Forum That Define Singapore's Capital market

PhillipCapital Group picture

Honored to be invited by SAS and PhillipCapital to attend this SAS Equities Forum at SGX. Beyond the stock tips, three *structural shifts* are reshaping the future of Singapore's market. My latest Conviction Compass article breaks down:

Eric at the sounding of Gong.

🏗️ **The Infrastructure Tailwind** lifting an entire sector.

🔄 **The "Value-Up" Flywheel** designed to close the valuation gap.

🤝 **The Trust Building** required to make SG stocks a core portfolio asset.

This isn't about next quarter's trade. It's about the next decade's foundation.

**Read the full analysis and subscribe for more insights here:** 

https://bit.ly/ericshareEp46_SASEquityForum

At Eric Wealth Advisory:

✅ We decode complex strategies into actionable insights and we handle the execution for you. Most importantly, we free up your time to pursue your other passions or spend quality time with your loved ones.

✅ We bridge the gap between investors and management.

✅ We turn exclusive access into your competitive edge.

1️⃣ Follow me for REIT or SGX deep dives (next: What's trending, data centre REITs disruption, industrial, top leadership and management moves, etc).

2️⃣ DM me to discuss how real estate, equities or reits can diversify your income portfolio.👉

👉 Connect at ohlh@phillip.com.sg

📲 View my profile: https://lnkd.in/dWxD6Vb

👉 Eric Wealth Advisory Website: https://bit.ly/EricWA

📩 [Subscribe: The Conviction Compass]: https://lnkd.in/gt_MTnaT

 

Previous Post Eric interviewed by Straits Times: https://lnkd.in/gnr5hiUD

***This is not financial advice or recommendation but for general sharing of my personal takeaways.

🚀 The 2026 Investor's Compass: Access, Vigilance & The New Rules of Engagement🚀

 2026: A Watershed Year for Singapore's Retail Investors 

SGX reforms promise wider access, Nasdaq dual-listings & smaller board lots—but is "buyer beware" the new norm? As we shift to a lighter-touch, disclosure-based market, what does true investor empowerment look like?

I was interviewed and quoted in today's Straits Times on the upcoming changes. Here are my 3 core convictions for navigating this new landscape:

1. Access is a Double-Edged Sword; Discipline is Your Sheath

2. In a Disclosure-Based Regime, Engagement is Your Right—and Your Shield

3. Building a "Critical Mass" of Savvy Investors is Our Collective Marathon

Click on the link: https://lnkd.in/gnr5hiUD

***This is not financial advice or recommendation but for general sharing of my personal takeaways.***

I am Eric Oh, a Senior Investment Specialist dedicated to guiding clients with a principles-based approach. My "Conviction Compass" focuses on fundamental analysis, disciplined risk management, and the long-term development of Singapore's financial markets.*

At Eric Wealth Advisory:

✅ We decode complex strategies into actionable insights and we handle the execution for you. Most importantly, we free up your time to pursue your other passions or spend quality time with your loved ones.

✅ We bridge the gap between investors and management.

✅ We turn exclusive access into your competitive edge.

1️⃣ Follow me for REIT or SGX deep dives (next: What's trending, data centre REITs disruption, industrial, top leadership and management moves, etc).

2️⃣ DM me to discuss how real estate, equities or reits can diversify your income portfolio.👉

👉 Connect at ohlh@phillip.com.sg

📲 View my profile: https://lnkd.in/dWxD6Vb

👉 Eric Wealth Advisory Website: https://bit.ly/EricWA

📩 [Subscribe: The Conviction Compass]: https://lnkd.in/gt_MTnaT

Previous Post on Service Ethics: https://lnkd.in/gAbmAy5V