Day: December 8, 2024

Market UpdatesSingapore SGX stocksstock of the day

Global Highlights: ST Engineering Partners for Armored Vehicles, MAO GEPING IPO Surges, and U.S. Markets Hit Record Highs

minichart

December 8, 2024

ST Engineering Joins Forces with Kazakhstan Paramount Engineering In a major strategic move, Singapore’s ST Engineering has partnered with Kazakhstan Paramount Engineering (KPE) to produce state-of-the-art armored vehicles. Combining ST Engineering’s cutting-edge technology with...

Continue Reading 0

Market UpdatesSingapore SGX stocksstock of the day

UOB Set for $2 Billion Share Buyback as DBS Flags Strong FY2025 Growth Potential

minichart

December 8, 2024

United Overseas Bank (UOB) is emerging as the preferred pick among Singapore’s big three banks, with DBS Group Research projecting a significant $2 billion share buyback announcement during UOB’s FY2024 results. This move, coupled...

Continue Reading 0

Market UpdatesSingapore SGX stocksstock of the day

Seatrium Charts a New Course: From Struggles to Ambitious Turnaround

minichart

December 8, 2024

Seatrium Ltd, born from the merger of Sembcorp Marine and Keppel Offshore & Marine in 2023, is making waves in the offshore and marine (O&M) sector. Under the leadership of CEO Chris Ong,...

Continue Reading 0

Market UpdatesSingapore SGX stocks

Singapore Credits Poised for Resilience in 2025 as Investors Flock to Low-Risk S-REITs

minichart

December 8, 2024

As Singapore’s financial landscape gears up for 2025, investors are expected to favor low-risk Singapore Real Estate Investment Trusts (S-REITs) amid stable or declining interest rates, according to a December 6 report by OCBC...

Continue Reading 0

Market UpdatesSingapore SGX stocksstock of the day

SingPost’s Special Dividend Potential Boosts Singtel’s Capital Return Arsenal: Analysts Weigh In

minichart

December 8, 2024

Singapore Telecommunications (Singtel) may have a new ace up its sleeve in its ongoing capital return strategy: potential special dividends from Singapore Post (SingPost). Analysts have noted that Singtel’s 20.58% stake in SingPost could...

Continue Reading 0

Market UpdatesSGX corporate NewsSingapore SGX stocksstock of the day

Jefferies Lifts Target Prices for Singapore’s Big Three Banks Amid Resilient NIMs and Stable Growth

minichart

December 8, 2024

Singapore Banks In a bullish outlook on Singapore’s banking sector, Jefferies has revised upward its target prices for the country’s three major banks—DBS, OCBC, and UOB—citing stable net interest margins (NIMs) and resilient economic...

Continue Reading 0

Market UpdatesSGX corporate NewsSingapore SGX stocksstock of the day

RHB Urges Unitholders to Reject Tang Duo’s Offer for Suntec REIT: ‘Significantly Undervalues Assets’

minichart

December 8, 2024

Suntec reits: In a critical move, RHB Bank has advised Suntec REIT unitholders to reject the offer made by Gordon and Celine Tang, emphasizing that the bid significantly undervalues the trust’s high-quality portfolio. The...

Continue Reading 0

Bursa KLSE stocksIPOMarket Updatesstock of the day

Winstar Capital Berhad’s IPO Oversubscribed 80 Times: A Promising Investment in Malaysia’s Booming Aluminium Industry

minichart

December 8, 2024

Winstar Capital Berhad, a Malaysian aluminium products manufacturer, is set to list on Bursa Malaysia’s ACE Market on December 19, 2024. IPO Details Purpose of IPO: The company aims to raise approximately RM19.79 million...

Continue Reading 0

Bursa KLSE stocksIPOMarket Updatesstock of the day

Carlo Rino Group Berhad’s ACE Market Debut: A Bold Step Forward for Malaysia’s Fashion Powerhouse

minichart

December 8, 2024

Carlo Rino Group Berhad, a Malaysian fashion retailer specializing in women’s handbags, footwear, and accessories, is transitioning from the LEAP Market to the ACE Market of Bursa Malaysia. Below is a detailed evaluation of...

Continue Reading 0

Bursa KLSE stocksIPOMarket Updatesstock of the day

Vanzo Holdings Berhad’s RM21 Million ACE Market Debut: A Fresh Scent in Malaysia’s Air Fragrance Industry

minichart

December 8, 2024

Vanzo Holdings Berhad, a Malaysian air fragrance company, is set to list on the ACE Market of Bursa Malaysia on December 17, 2024. Below is a comprehensive overview of the IPO details: IPO Details:...

Continue Reading 0