#3 Mapletree Industrial Trust UOB KAY HIAN has maintained its BUY rating on the company with a target price of $3.50. The positive sentiments are a result of “further expansion in data centres. Mapletree Industrial Trust (MINT) has completed the acquisition of a data centre and office located at Richmond, Virginia in the US for US$207.8m (after upfront discount) in Mar 21”. The above acquisition is “DPU accretive. The acquisition was fully funded by debt. Management estimates that the transaction is accretive to pro forma FY20 DPU by 2.0%.” This is a really strong boost to the bottom line and future prospects of the company. >> Read more about the company here. #4 Hong Leong Asia CGS CIMB has initiated its coverage on the company with a BUY rating on the stock with a target price of $1.18. The positivity of the analysts comes from the fact that ”...