As part of a raft of new initiatives aimed at increasing interest from both retail and institutional investors, MAS has agreed to a S$5 billion programme.
Singapore’s central bank will partner with selected fund managers to invest in local stocks.
We shortlisted five interesting candidates that we believe will benefit from this pool of money as these stocks look set to report healthy growth.
ComfortDelGro Corporation (SGX: C52)
ComfortDelGro Corporation, or CDG, is a transport operator offering a comprehensive suite of transport solutions.
The group’s network spans public transport modes such as buses and rail, along with point-to-point transport such as taxis and private hire cars.
CDG pulled off a commendable performance for 2024 with revenue rising 15.4% year on year to S$4.48 billion.
Operating profit improved by almost 19% year on year to S$322.9 million while net profit increased by 16.6%…
