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SGX:8AZ.SI:Aztech Global CGS International’s William Tng has maintained a “reduce” rating and a 41-cent target price on SGX:8AZ.SI:Aztech Global, citing persistent weakness in the company’s near-term outlook. In a note dated June 16, Tng...
The blistering rally in gold may soon lose steam, with Citigroup Inc. forecasting the precious metal will fall back below US$3,000 an ounce in the coming quarters. In a note led by analyst Max...
Maybank Securities has reiterated his “buy” rating on US:SE:Sea Limited, while raising his target price from US$186 to US$192, citing Shopee’s strong competitive positioning in Brazil despite aggressive moves from rival Mercado Libre (US:MELI)....
🚀 Malaysia Inc. Update: Apollo Soars, UWC Recovers, Chin Hin Pulls Plug, KPJ Awards Big, Yinson Secures Cash KL:6432.KL:Apollo Food Holdings KL:6432.KL:Apollo Food Holdings posted record sales and a 50% surge in net profit...
JP Morgan’s equity macro research team — Khoi Vu, Rajiv Batra, Mervin Song, Terence M Khi and Harsh Wardhan Modi — sees selective opportunities emerging in Singapore equities as interest rates decline. In their...
HK:3115.HK:Hangseng Index The Hang Seng Index rose 168 points, closing at 24,060, while the Hang Seng Tech Index gained 60 points to finish at 5,299. XIAOMI-W surged over 4%, while WUXI BIO saw a...
KL:6888.KL:Axiata Group Axiata Group has completed the sale of its Myanmar tower operations for US$90 million, reduced from the originally proposed US$150 million. The sale was made through Axiata’s 63%-owned unit edotco Group to...
IPO Details 🎯 Purpose: Raise $300–340 million through offering 20 million shares at $15–17 to: Accelerate growth in coastal property & casualty insurance, especially in Florida and South Carolina. Expand the full-stack insurtech platform—underwriting,...
IPO Details 🎯 Purpose: Raise approximately $423.5 million (23.5 million shares at $16–18) to expand precision oncology labs, invest in AI and R&D, and support commercial scale-up. This is clearly a growth-focused IPO. Placement...
After nearly a year in trading limbo, the long-running Great Eastern Holdings (GEH) drama has taken a sharp and unexpected turn — and minority shareholders finally have a glimmer of vindication. In a bold...