Tai Sin Electric Set to Benefit From Construction, Data-Center Demand -- Market Talk

Dow Jones

Jun 04

0322 GMT - Tai Sin Electric stands to benefit from strong construction demand and rising data-center investments, RHB Research's Syahril Hanafiah says in a report. Singapore's construction demand in 2026 is likely to stay robust, supported by expected projects, including Changi Airport's terminal 5, the analyst says. The electric infrastructure solutions provider has benefited from various mega projects in the past. Rising data-center investments are also likely to boost its cable and electrical component segments. RHB Research initiates coverage of the stock with a buy rating and a target price of 0.75 Singapore dollar. Shares are unchanged at S$0.54. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

June 03, 2026 23:22 ET (03:22 GMT)

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Singapore's construction demand in 2026 is likely to stay robust, supported by expected projects, including Changi Airport's terminal 5, the analyst says. The electric infrastructure solutions provider has benefited from various mega projects in the past. Rising data-center investments are also likely to boost its cable and electrical component segments. RHB Research initiates coverage of the stock with a buy rating and a target price of 0.75 Singapore dollar. Shares are unchanged at S$0.54. 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Singapore's construction demand in 2026 is likely to stay robust, supported by expected projects, including Changi Airport's terminal 5, the analyst says. The electric infrastructure solutions provider has benefited from various mega projects in the past. Rising data-center investments are also likely to boost its cable and electrical component segments. RHB Research initiates coverage of the stock with a buy rating and a target price of 0.75 Singapore dollar. Shares are unchanged at S$0.54. (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  June 03, 2026 23:22 ET (03:22 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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":"500.SI","symbol_name":"台新电缆","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2640323139","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640323139","pubTimestamp":1780543320,"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":"0322 GMT - Tai Sin Electric stands to benefit from strong construction demand and rising data-center investments, RHB Research's Syahril Hanafiah says in a report. 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