Sunday, September 29th, 2024

Day: September 23, 2024

Wilton Resources Corporation Limited: Disclaimer of Opinion and Financial Uncertainties – FY 2023

Key Facts from the PDF: Report Title: Disclaimer of Opinion by the Independent Auditor on the Audited Financial Statements for the Financial Year Ended 31 December 2023. Financial Year: The report covers the financial...

Notice of Book Closure and Dividend Payment Date for New Toyo International Holdings Ltd

Notice of Book Closure and Dividend Payment Date for New Toyo International Holdings Ltd Key Points: The company, New Toyo International Holdings Ltd, has announced a tax-exempt one-tier interim dividend of 0.90 Singapore cent...

Silverlake Axis Ltd. Voluntary Unconditional Offer and Shareholder Circular Details – 2024

Key Facts and Investor Actions: Offer Overview: A voluntary unconditional offer is made by E2I Pte. Ltd. (the “Offeror”), via United Overseas Bank Limited (UOB), to acquire all ordinary shares in Silverlake Axis Ltd.,...

Firm Offer Announcement and Appointment of Independent Financial Adviser for NSL Ltd

Key Points for Investors: Mandatory Cash Offer: YTL Cement Berhad has made a firm offer to acquire all issued shares of NSL Ltd at S$0.750 per share. This follows YTL’s acquisition of 81.24% of...

Alibaba Group is currently undervalued, trading at 10.5x FY25 earnings, offering an attractive entry point.

Alibaba Group (9988 HK) Recommendation: BUY Target Price: HK$95.00 Current Price: HK$87.20 Stop-Loss Price: N/A Recommendation Date: September 23, 2024 Broker: UOB Kay Hian Investment Thesis: Alibaba Group, China’s largest e-commerce operator, continues to...

Suntec REIT: Share Price Surge Outpaces Fundamentals Amid Anticipated Rate Cuts

Date: 23 September 2024 Broker: OCBC Investment Research Recent Share Price Outperformance Suntec REIT’s share price has rallied significantly since 31 July 2024, with a 16.1% increase as of 19 September 2024, outperforming the...

Apple Inc: Strong FY3Q24 Results but Caution on China’s Impact and AI Rollout

Date: 23 September 2024Broker: OCBC Investment Research Strong FY3Q24 Performance Apple Inc. reported strong financial results for FY3Q24, ending June 2024, which exceeded market expectations. The company posted revenue of USD 85.8 billion, surpassing...

Karex Poised for Breakout as Bullish Momentum Builds

Date: September 23, 2024Broker: CGS International Securities Malaysia Sdn. Bhd. Company Overview Karex Berhad is a Malaysian company primarily engaged in the manufacturing of condoms, lubricating jelly, and other medical devices such as catheters...

IJM Corporation Breaks Out of Falling Wedge, Signaling Bullish Momentum

Date: September 23, 2024Broker: CGS International Securities Malaysia Sdn. Bhd. Company Overview IJM Corporation Berhad is an investment holding company involved in a variety of sectors. It provides construction services and operates in property...

Bullish Momentum Returns for Yue Yuen Industrial Holdings Ltd

Date: September 23, 2024Broker: CGS International Securities Hong Kong Limited Company OverviewYue Yuen Industrial (Holdings) Ltd (551) is a Hong Kong-listed company that manufactures and markets athletic, casual, and outdoor footwear through its subsidiaries....