Pan-United Corp. Set to Benefit from Singapore's Ongoing Construction Upcycle

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0309 GMT - Pan-United Corp. stands to benefit from Singapore's ongoing construction upcycle, UOB Kay Hian's Tang Kai Jie says in a research report. The Building and Construction Authority forecasts S$47 billion-S$53 billion of contracts to be awarded in 2026, while annual demand is projected at S$39 billion-S$46 billion over 2027-2030, the analyst notes. Major public infrastructure projects should support a multiyear uptrend in construction activity and benefit the specialist in concrete solutions and technologies. The brokerage lifts its earnings forecasts for Pan-United by 12% for 2026, 15% for 2027, and 15% for 2028. It raises the stock's target price to 1.88 Singapore dollars from S$1.42 with unchanged buy rating. Shares are unchanged at S$1.55.

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Set to Benefit from Singapore's Ongoing Construction Upcycle\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-08-31 11:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>0309 GMT - Pan-United Corp. stands to benefit from Singapore's ongoing construction upcycle, UOB Kay Hian's Tang Kai Jie says in a research report. The Building and Construction Authority forecasts S$47 billion-S$53 billion of contracts to be awarded in 2026, while annual demand is projected at S$39 billion-S$46 billion over 2027-2030, the analyst notes. Major public infrastructure projects should support a multiyear uptrend in construction activity and benefit the specialist in concrete solutions and technologies. The brokerage lifts its earnings forecasts for Pan-United by 12% for 2026, 15% for 2027, and 15% for 2028. It raises the stock's target price to 1.88 Singapore dollars from S$1.42 with unchanged buy rating. 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