Friday, November 8th, 2024

Day: October 16, 2024

TISCO Financial Group: Stable Outlook Amid Challenging Market Conditions

Date: October 16, 2024Broker: UOB Kay Hian Company Overview TISCO Financial Group is a small bank with approximately 2% of the credit market in Thailand. The bank primarily focuses on auto hire-purchase (HP) lending,...

Singapore Exchange Sees Stellar Growth Across Business Segments Amid Market Uncertainty

Date of Report: October 16, 2024Broker Name: UOB Kay Hian Company Overview Singapore Exchange (SGX) is the owner and operator of Singapore’s securities and derivatives exchange, along with related clearing houses. It provides ancillary...

JD.com: Promising Growth Ahead with Trade-In Program Boost

Date of Report: 16 October 2024Broker: UOB Kay Hian Company Overview JD.com is the leading online direct sales platform in China, with a strong presence in the consumer discretionary sector. It is known for...

Indosat (ISAT IJ): Core Earnings Set to Surge 33% in 2024 with New AI GPU Service Expansion

Date: October 16, 2024Broker: UOB Kay Hian Company Overview Indosat (ISAT IJ) is the second-largest telecommunications operator in Indonesia, serving nearly 100 million subscribers across the country. The company operates in the Communication Services...

Gas Malaysia (GMB MK) Upgraded to BUY as Earnings and Dividends Surge

Date: October 16, 2024Broker: UOB Kay Hian Company Overview Gas Malaysia Berhad (GMB) is a key supplier of natural gas to industries in Peninsular Malaysia. It commands an 80% share of the natural gas...

Deleum: Riding High on MCM Contract Wins and Strong P&M Growth

Date: October 16, 2024Broker: UOB Kay Hian Company Overview Deleum Berhad (DLUM MK) is a company that provides a diverse range of specialized products and services to the oil & gas industry. The company...

Genting Malaysia Faces $600 Million Lawsuit Amid Recovery Efforts and Casino Expansion Plans

Date of Report: October 15, 2024Broker: CGS International Securities Complaint and Legal Risks On October 14, 2024, Genting Malaysia (GENM) announced that its indirect subsidiary, Genting Americas Inc. (GAI), was named in a complaint...

ESR-LOGOS REIT Announces Preferential Offering with Key Dates and Advanced Distribution Details

Key Facts and Notable Investor Actions: Preferential Offering Details: ESR-LOGOS REIT (E-LOG) is conducting a non-renounceable Preferential Offering to raise up to approximately S$94 million. The offering allows eligible unitholders to subscribe for 4...

UOB’s Strong Profit Growth Driven by Optimized Funding and Wealth Expansion in 3Q24F

Broker Name and Date of Report Broker: CGS International Securities Date: October 15, 2024 3Q24 Financial Overview United Overseas Bank (UOB) is projected to report a net profit of S$1.6 billion for 3Q24, representing...

Notice of Final Dividend for FY2024: Key Dates and Payment Details for Civmec Limited Shareholders

Key Facts from the Report Dividend Declaration: Civmec Limited has declared a final dividend of A$0.035 per share for the financial year ended 30 June 2024. Record Date: Shareholders on record as of 5:00...