Pan-United's Growth Underpinned by Airport Terminal Contract -- Market Talk

Dow Jones

Sep 15, 2025

0256 GMT - Pan-United's growth is underpinned by a major contract to supply concrete for an expansion of Changi Airport in Singapore, UOB Kay Hian's Heidi Mo says in a report. The Singapore-listed company has secured S$430 million of ready-mix concrete supply contracts for the airport's planned terminal 5 project that will span five years, the analyst says. This enhances Pan-United's earnings visibility and reflects its ability to win major infrastructure projects, the analyst says. To capture rising demand, Pan-United is investing heavily in capacity, with capital expenditure of around S$50 million-S$60 million planned in 2025. The brokerage raises its target price on the stock to S$1.33 from S$1.06, with an unchanged buy rating. Shares are 1.6% higher at S$1.26. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

September 14, 2025 22:56 ET (02:56 GMT)

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The Singapore-listed company has secured S$430 million of ready-mix concrete supply contracts for the airport's planned terminal 5 project that will span five years, the analyst says. This enhances Pan-United's earnings visibility and reflects its ability to win major infrastructure projects, the analyst says. To capture rising demand, Pan-United is investing heavily in capacity, with capital expenditure of around S$50 million-S$60 million planned in 2025. The brokerage raises its target price on the stock to S$1.33 from S$1.06, with an unchanged buy rating. Shares are 1.6% higher at S$1.26. 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The Singapore-listed company has secured S$430 million of ready-mix concrete supply contracts for the airport's planned terminal 5 project that will span five years, the analyst says. This enhances Pan-United's earnings visibility and reflects its ability to win major infrastructure projects, the analyst says. To capture rising demand, Pan-United is investing heavily in capacity, with capital expenditure of around S$50 million-S$60 million planned in 2025. The brokerage raises its target price on the stock to S$1.33 from S$1.06, with an unchanged buy rating. Shares are 1.6% higher at S$1.26. (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  September 14, 2025 22:56 ET (02:56 GMT)\n</p>\n<p>\n  Copyright (c) 2025 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":"P52.SI","symbol_name":"泛联","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2567628741","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2567628741","pubTimestamp":1757904960,"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":"0256 GMT - Pan-United's growth is underpinned by a major contract to supply concrete for an expansion of Changi Airport in Singapore, UOB Kay Hian's Heidi Mo says in a report. The Singapore-listed company has secured S$430 million of ready-mix concrete supply contracts for the airport's planned terminal 5 project that will span five years, the analyst says. This enhances Pan-United's earnings visibility and reflects its ability to win major infrastructure projects, the analyst says. To capture rising demand, Pan-United is investing heavily in capacity, with capital expenditure of around S$50 million-S$60 million planned in 2025. The brokerage raises its target price on the stock to S$1.33 from S$1.06, with an unchanged buy rating. Shares are 1.6% higher at S$1.26. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"P52.SI":"泛联","BK4211":"区域性银行","BK6507":"矿产资源股","UBCP":"联合合众银行","BK6027":"贸易公司与经销商"},"translate_title":"机场航站楼合同支撑泛美航空的增长——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"P52.SI":0.9,"UBCP":1},"content_text":"0256 GMT - Pan-United's growth is underpinned by a major contract to supply concrete for an expansion of Changi Airport in Singapore, UOB Kay Hian's Heidi Mo says in a report. The Singapore-listed company has secured S$430 million of ready-mix concrete supply contracts for the airport's planned terminal 5 project that will span five years, the analyst says. This enhances Pan-United's earnings visibility and reflects its ability to win major infrastructure projects, the analyst says. To capture rising demand, Pan-United is investing heavily in capacity, with capital expenditure of around S$50 million-S$60 million planned in 2025. The brokerage raises its target price on the stock to S$1.33 from S$1.06, with an unchanged buy rating. Shares are 1.6% higher at S$1.26. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 14, 2025 22:56 ET (02:56 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}