Friday, October 18th, 2024

Day: October 1, 2024

SCI’s Sembcorp Utilities Acquires 30% Stake in Senoko Energy

Date of Report: September 30, 2024Broker Name: CGS International Securities Acquisition of 30% Stake in Senoko EnergySCI, through its wholly-owned subsidiary Sembcorp Utilities, has acquired a 30% interest in Senoko Energy. This acquisition demonstrates...

Tsuneishi Group Sells 34% Stake in China Unit to YZJSGD for RMB 833.1 Million

Date of Report: September 30, 2024Broker Name: CGS International Securities Sale of 34% Stake in China Unit to YZJSGDTsuneishi Group, a notable player in the maritime and shipbuilding industry, has agreed to sell a...

YZJSGD Acquires 34% Stake in Tsuneishi Group’s China Unit for RMB 833.1 Million

Date of Report: September 30, 2024Broker Name: CGS International Securities Acquisition of 34% Stake in Tsuneishi Group’s China UnitYZJSGD has announced the acquisition of a 34% stake in the China unit of Tsuneishi Group....

SSG Expands Property Portfolio with S$50.2 Million Acquisition of Commercial Properties from DFI

Date of Report: September 30, 2024Broker Name: CGS International Securities Acquisition of Commercial Properties from DFISSG has made a strategic acquisition of two commercial properties located in Singapore. These properties, situated in Siglap and...

Miniso Expands Footprint with RMB 4.5 Billion Acquisition of Yonghui Superstores

Date of Report: September 30, 2024Broker Name: CGS International Securities Acquisition of Yonghui SuperstoresMiniso is making a major acquisition by purchasing 1.9 billion shares in Yonghui Superstores, a Shanghai-listed company. The total value of...

Yonghui Superstores Acquired by Miniso in Landmark RMB 4.5 Billion Deal

Date of Report: September 30, 2024Broker Name: CGS International Securities Acquisition by MinisoYonghui Superstores, a Shanghai-listed company, is set to be acquired by Miniso. DFI, the parent company, has decided to divest its entire...

DFI Divests Stake in Yonghui Superstores: A Strategic Move Towards Portfolio Optimization

Date of Report: September 30, 2024 Broker Name: CGS International Securities DFI Divests Entire Stake in Yonghui Superstores DFI has made a strategic decision to divest its entire stake in Shanghai-listed Yonghui Superstores. The...

Bullish Momentum Returns: Singapore Airlines Ltd Set for Strong Upside

Date of Report: October 1, 2024Broker: CGS International Securities Pte. Ltd. Company Overview Singapore Airlines Ltd provides air transportation services, engineering, pilot training, air charter, and tour wholesaling services. The company’s airline operations span...

Bullish Upside Recovery for Nanofilm Technologies International Ltd: A Technical Buy Opportunity

Broker: CGS International Securities Date: October 1, 2024 Overview of Nanofilm Technologies International Ltd Nanofilm Technologies International Ltd provides nanotechnology solutions, specializing in advanced materials and nanoproducts. The company primarily serves customers across Asia....

United Overseas Bank Poised for Steady Growth Amid Asset Quality Stability

Date: September 30, 2024Broker: CGS International Securities Overview of United Overseas Bank (UOB) United Overseas Bank (UOB) is one of Singapore’s leading banks, known for its strong financial foundation and stable asset quality. UOB...