Day: February 27, 2025

Market UpdatesSingapore SGX stocksstock of the day

Yangzijiang Financial’s Strategic Spin-off Sparks Growth and Future Plans

minichart

February 27, 2025

Record Growth After Spin-off:Yangzijiang Shipbuilding (YZJS) saw its share price triple, reaching a market value of over $10 billion following the spin-off of Yangzijiang Financial Holding (YFH) in April 2022. This strategic move alleviated...

Continue Reading 0

Market UpdatesSingapore SGX stocks

ST Engineering’s Growth Trajectory: Slight Beat in 2024 Results with Strong Orderbook Backing

minichart

February 27, 2025

2024 Performance Overview:Singapore Technologies Engineering (STE SP) posted a core net profit of S$681 million for 2024, reflecting a 23% year-on-year (yoy) increase, slightly exceeding expectations at 102.3% of the full-year forecast. The better-than-expected...

Continue Reading 0

Market UpdatesSingapore SGX stocks

Sembcorp Industries (SCI SP) Delivers Strong 2024 Results with Optimistic Growth Outlook

minichart

February 27, 2025

Overview: Sembcorp Industries (SCI) reported better-than-expected 2024 results, showcasing the resilience of its business model amidst challenges in gas services and renewables. Despite a 9% year-on-year drop in revenue to S$6.4 billion and a...

Continue Reading 0

Market UpdatesSingapore SGX stocksstock of the day

CDL Hospitality Trusts (CDREIT SP) – Collateral Damage Yet Potential for Recovery

minichart

February 27, 2025

2H24 Results Overview: CDL Hospitality Trusts (CDREIT) reported a dismal performance for the second half of 2024 (2H24), with its Distribution Per Unit (DPU) falling 11.9% year-on-year (yoy) to 2.81 Singapore cents, which was...

Continue Reading 0

Market UpdatesSingapore SGX stocksstock of the day

Yangzijiang Shipbuilding (Holdings) Posts Strong Results Amid Margin Boost and Market Overreaction

minichart

February 27, 2025

Ticker: YZJSGD SP | Recommendation: BUY | Share Price: S$2.44 | Target Price: S$3.50 2024 Results Overview:Yangzijiang Shipbuilding (Holdings) reported robust 2024 results, with a standout performance in shipbuilding margins. Despite this, the stock...

Continue Reading 0

SGX corporate News

FY2024 Business Update: Insights on Shipping, Logistics Growth, and Fleet Expansion

minichart

February 27, 2025

Shipping Sector Shake-Up: Lower Freight Rates, Expanding Fleets & Booming Logistics Spark Shareholder Alert Shipping Sector Shake-Up: Lower Freight Rates, Expanding Fleets & Booming Logistics Spark Shareholder Alert In a comprehensive FY2024 business update,...

Continue Reading 0

SGX corporate News

ASTI Holdings Faces Financial Reporting Challenges Amid Semiconductor Downturn and Delisting Uncertainty

minichart

February 27, 2025

ASTI Holdings’ Turbulent Turnaround: Delayed Reports, Delisting Drama, and Restructuring Shocks ASTI Holdings’ Turbulent Turnaround: Delayed Reports, Delisting Drama, and Restructuring Shocks In a press response to inquiries from the Securities Investors Association (Singapore)...

Continue Reading 0

SGX corporate News

Serial Achieva Limited’s 2024 Financial Review: Navigating Challenges with Growth in AI & Regional Expansion

minichart

February 27, 2025

RTO Shock! Serial Achieva’s Explosive Turnaround and Southeast Asia Expansion Shake the Market RTO Shock! Serial Achieva’s Explosive Turnaround and Southeast Asia Expansion Shake the Market Serial Achieva Limited has unveiled its unaudited condensed...

Continue Reading 0

SGX corporate News

Astra International 2024 Financial Results: Resilient Growth Amid Challenges in Automotive and Energy Sectors

minichart

February 27, 2025

Astra’s 2024 Performance and Bold Strategic Moves Signal Pivotal Share Price Shifts Astra’s 2024 Performance and Bold Strategic Moves Signal Pivotal Share Price Shifts Astra International’s full-year 2024 financial release presents a picture of...

Continue Reading 0

SGX corporate News

Coolan Group Faces Trading Resumption Hurdles: SGX-ST Sets Strict Compliance Deadline

minichart

February 27, 2025

Coolan Group’s Clarity Doubts Spark Share Price Concerns Amid SGX-ST Compliance Hurdles Coolan Group’s Clarity Doubts Spark Share Price Concerns Amid SGX-ST Compliance Hurdles In a recent development that could significantly influence market sentiment,...

Continue Reading 0