Friday, April 18th, 2025

Author: minichart

Key Insights on Sunpower Group’s S$99.6M Convertible Bond Rights Issue

Sunpower Group’s announcement of a S$99.6M convertible bond rights issue is a corporate action designed to raise funds by issuing convertible bonds to its existing shareholders. Here’s how it works and what it means...

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

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...

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

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...

Seatrium Charts a New Course: From Struggles to Ambitious Turnaround

  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,...

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

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...

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

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...

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

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...

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

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...

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

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...