PRE-MARKET SINGAPORE STOCKS NEWS: Seatrium (SMM SP) signed a contract with Karpowership; Taiwan markets are closed ahead of a typhoon

Keppel DC REIT (KDCREIT SP) - Co. 9M (SGD) distributable income rose 16.7% Y/Y to 228mln, net property income rose 13.1% Y/Y to 316.8mln, rev. rose 13.3% Y/Y to 365.3mln, DPU rose 11.7% Y/Y to SGD 0.08571. (Business Times)

Seatrium (SMM SP) - Co. signed a contract with Karpowership. (Newswires)

Tech – Nasdaq underperformed during Wall St hours as the tech rout deepened and spurred a flight-to-safety.

This is a standard pre-market Singapore roundup bundling a REIT results print, a contract award and a regional market closure, each of which trades differently. On Keppel DC REIT, distributable income and DPU growth ahead of revenue growth is the pattern income desks look for in data-centre landlords, where the driver is typically rent reversion and occupancy rather than new supply; the yield spread against local government paper is the channel through which such prints have historically been digested. The Seatrium contract with Karpowership is an order-book item rather than an earnings event; for yards of this type, repeat business from floating power and offshore energy clients has tended to matter for the revenue conversion pipeline more than for near-term margins, with contract size and margin disclosure the usual follow-ons the market waits for. The Taiwan closure for a typhoon is operationally routine in that market and thins regional liquidity, which in past episodes has left price discovery in Taiwan-exposed names to ADRs and futures proxies until reopening. The overnight tech rout and flight-to-safety framing sets the beta backdrop, with high-multiple regional tech typically opening under pressure when Nasdaq has underperformed. As a digest of items rather than a single catalyst, the note is context for the open rather than a signal in itself.