Tuesday, June 17th, 2025

Author: minichart

Market UpdatesSingapore SGX stocksstock of the day

Battle for Value: UOI’s Minority Investors Push for Haw Par Share Distribution

minichart
March 5, 2025

Investor Activism Heats Up at United Overseas Insurance A brewing shareholder battle at United Overseas Insurance (UOI) has the potential to shift the focus to Haw Par Corporation, a company deeply intertwined with the...

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Bursa KLSE stocksIPOMarket Updates

​Pantech Global Berhad’s IPO: A Prime Opportunity in Malaysia’s Industrial Manufacturing Sector

minichart
March 1, 2025

IPO Details Pantech Global Berhad is undertaking an Initial Public Offering (IPO) to raise approximately RM178.32 million through the issuance of 262,228,000 new ordinary shares at RM0.68 per share. The primary purposes for raising...

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Market Updatesstock of the day

Family Feud at City Developments: Sherman Kwek Challenges Father’s Statements Amid Boardroom Battle

minichart
March 1, 2025

Sherman Kwek has contested his father, City Developments’ (CDL) executive chairman Kwek Leng Beng’s statements, arguing that they “do not present the full picture.” On February 26, Leng Beng issued two statements. In the...

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Market UpdatesSingapore SGX stocksstock of the day

Minority Shareholders Push for Value Unlock at United Overseas Insurance

minichart
March 1, 2025

Minority Shareholders Push for Value Unlock at United Overseas Insurance: Call for Distribution of Haw Par Shares and Independent Adviser In a bold move to maximize shareholder value, a group of minority shareholders of...

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Market UpdatesSingapore SGX stocksstock of the day

SingPost Shifts Strategy: Sells Australian Business for S$861 Million to Unlock Shareholder Value

minichart
March 1, 2025

Singapore Post (SingPost) is reversing its international expansion strategy by divesting its Australian businesses for A$1.02 billion (S$861 million) to Pacific Equity Partners, in a bold move to enhance shareholder value. This decision comes...

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Market UpdatesSingapore SGX stocks

Hong Leong Asia Shines with 2024 Earnings Growth and Doubled Dividend

minichart
February 28, 2025

Hong Leong Asia (HLA SP) delivered robust financial performance for 2024, reporting a 35.3% year-on-year increase in Profit After Tax and Minority Interests (PATMI), driven by strong results from its two primary business segments:...

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Market UpdatesSingapore SGX stocksstock of the day

Yangzijiang Financial’s Strategic Spin-off Sparks Growth and Future Plans

minichart
February 27, 2025

Record Growth After Spin-off:Yangzijiang Shipbuilding (YZJS) saw its share price triple, reaching a market value of over $10 billion following the spin-off of Yangzijiang Financial Holding (YFH) in April 2022. This strategic move alleviated...

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Market UpdatesSingapore SGX stocks

ST Engineering’s Growth Trajectory: Slight Beat in 2024 Results with Strong Orderbook Backing

minichart
February 27, 2025

2024 Performance Overview:Singapore Technologies Engineering (STE SP) posted a core net profit of S$681 million for 2024, reflecting a 23% year-on-year (yoy) increase, slightly exceeding expectations at 102.3% of the full-year forecast. The better-than-expected...

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Market UpdatesSingapore SGX stocks

Sembcorp Industries (SCI SP) Delivers Strong 2024 Results with Optimistic Growth Outlook

minichart
February 27, 2025

Overview: Sembcorp Industries (SCI) reported better-than-expected 2024 results, showcasing the resilience of its business model amidst challenges in gas services and renewables. Despite a 9% year-on-year drop in revenue to S$6.4 billion and a...

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Market UpdatesSingapore SGX stocksstock of the day

CDL Hospitality Trusts (CDREIT SP) – Collateral Damage Yet Potential for Recovery

minichart
February 27, 2025

2H24 Results Overview: CDL Hospitality Trusts (CDREIT) reported a dismal performance for the second half of 2024 (2H24), with its Distribution Per Unit (DPU) falling 11.9% year-on-year (yoy) to 2.81 Singapore cents, which was...

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