PRE-MARKET TAIWAN & SINGAPORE STOCKS NEWS: Earnings from Keppel Infrastructure Trust & Singapore Post
TAIWAN
Hon Hai Precision Industry (2317 TT) - Co. confirmed a cyberattack on its North American plants. (Taipei Times)
Starlux Airlines (2646 TT) - Co. announced a plan to raise funds by issuing corporate bonds as it reported turning a profit in Q1 after finishing last year with two loss-making quarters. (Taipei Times)
Other News
Taiwan’s weighting in the MSCI Emerging Markets Index is to increase by 0.30ppts to 23.76% after the changes take effect at the close of the May 29 session. (Taipei Times)
SINGAPORE
Keppel Infrastructure Trust (KIT SP) - Co. Q1 (SGD) distributable income fell 17.3% Y/Y to 53.7mln, although distributable income rose 18.2% excluding a one-off SGD 21.7mln divestment gain in 2025. (Business Times)
Singapore Post (SPOST SP) - Co. H2 (SGD) net fell 81.5% Y/Y to 41.2mln, rev. fell 18.2% Y/Y to 187.6mln. (Business Times)
Keppel Infrastructure Trust reported a significant drop in Q1 distributable income year-on-year, which could signal challenges ahead for the trust amidst changing market dynamics, although the adjusted figure shows some resilience. Meanwhile, Singapore Post's drastic fall in H2 net income suggests severe pressures on profitability, raising concerns about its operational efficiency and future guidance. These mixed results may lead to volatility in both stocks, impacting investor sentiment in the broader Singapore equity market.