0215 GMT - Raffles Medical Group is likely a key beneficiary of Singapore's value-unlocking policy initiatives aimed at enhancing market efficiency and liquidity, RHB Research's Shekhar Jaiswal says. Its inclusion in the 'iEdge Singapore Next 50 Index' should further boost institutional visibility and passive inflows, the analyst says in a note. Also, the healthcare provider has signed a memorandum of understanding with Vietnam-based Gene Solutions to facilitate pharmaceutical-sponsored clinical trials across Southeast Asia, enhancing its precision medicine capabilities. RHB Research upgrades the stock's rating to buy from neutral and raises the target price to S$1.15 from S$1.10 after rolling forward the valuation base year. Shares are 0.5% higher at S$0.995. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
November 03, 2025 21:15 ET (02:15 GMT)
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