0532 GMT - Info-Tech Systems' growth trajectory stands to benefit from Singapore Budget 2026, OCBC Group Research's Ada Lim says in a research report. Singapore's expansion of the Productivity Solutions Grant to support companies in accessing artificial-intelligence tools to work smarter and compete more effectively will probably support adoption of Info-Tech Systems' product offerings. Also, Singaporeans who undergo selected training courses will get six months of free access to premium AI tools, where the company's course offerings have a good chance of qualifying. OCBC raises the fair value estimate of the cloud-based human resources, payroll and accounting software provider's stock to S$1.30 from S$1.00, with an unchanged buy rating. Shares are 2.8% higher at S$1.11. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 03, 2026 00:32 ET (05:32 GMT)
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