SEZ set to catalyse equity valuations

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SEZ set to catalyse equity valuations
JohorsingaporesezInvestmentthematicsSupplychainshift
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BERGAMO, Italy (Reuters) -Atalanta progressed to the Europa League semi-finals despite losing 1-0 to Liverpool on Thursday as they triumphed 3-1 on aggregate to move one step closer to a first ever European final for the Serie A side.

Maybank IB Research pointed out that the SEZ could create a regionally differentiated value proposition by its combination of capital access, infrastructure and policy stability.

Among the sectors that could benefit are banking; property and real estate investment trusts ; industrials; renewables; technology; and telecommunications, according to the brokerage. It noted multiple sectors across Malaysia and Singapore would stand to benefit from the SEZ initiatives. “Data centre establishment should be positive for Singapore and Malaysia telecommunications as well as Singapore and Malaysia electronics manufacturing players.

The remainder were Singapore-listed companies, namely, Frasers Capital Trust, Frencken Group Ltd, Genting Singapore Ltd, OCBC Bank Ltd, Sembcorp Industries Ltd and Singapore Telecommunications Ltd. “Now a robust policy framework needs to be established that backs easier movement of capital and people.

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