$SINGAPORE AIRLINES LTD(C6L.SI)$ Logistics company DHL Express on Thursday said it has entered into an agreement with flag carrier SIA to deploy 5 Boeing 777 freighters. The freighters will be based at Changi Airport and serve DHL's South Asia Hub located in Singapore. Shares of SIA closed at S$5.02 on Thursday, up S$0.06 or 1.2 percent.
$CapitaLandInves(9CI.SI)$ UOB Kay Hian (UOBKH) and Maybank Securities have both initiated coverage on CapitaLand Investment (CLI) with "buy" calls and target prices of S$4.02 and S$4.30 respectively.