Tuesday, April 1st, 2025

Author: minichart

Market UpdatesSingapore SGX stocks

Battle for CDL: Family Feud Pits Kwek Leng Beng Against Son in Boardroom Power Struggle 

minichart
March 5, 2025

A fierce power struggle is unfolding at City Developments Limited (CDL) as executive chairman Kwek Leng Beng clashes with his son, CEO Sherman Kwek, over control of the board. The Battle Lines: Father vs....

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commoditiesMarket Updatesstock of the dayUS stocks

Trump’s Crypto Reserve Plan: A Political Gamble That Could Shake the U.S. Dollar

minichart
March 5, 2025

President Donald Trump’s proposal for a national cryptocurrency reserve is a radical move that echoes historical monetary debates and raises serious economic risks. By suggesting government-backed holdings of Bitcoin, Ripple, and Solana-based tokens, Trump...

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Market UpdatesSingapore SGX stocksstock of the day

Singapore Banks Return Capital, But Investor Sentiment Splits Amid Mixed 2025 Outlook

minichart
March 5, 2025

Singapore’s big three banks—DBS, UOB, and OCBC—delivered resilient earnings for Q4 2024, despite falling net interest margins (NIMs) due to interest rate cuts. While all three lenders announced capital return plans, investor reactions were...

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Market UpdatesSingapore SGX stocksstock of the day

Battle for Value: UOI’s Minority Investors Push for Haw Par Share Distribution

minichart
March 5, 2025

Investor Activism Heats Up at United Overseas Insurance A brewing shareholder battle at United Overseas Insurance (UOI) has the potential to shift the focus to Haw Par Corporation, a company deeply intertwined with the...

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Bursa KLSE stocksIPOMarket Updates

​Pantech Global Berhad’s IPO: A Prime Opportunity in Malaysia’s Industrial Manufacturing Sector

minichart
March 1, 2025

IPO Details Pantech Global Berhad is undertaking an Initial Public Offering (IPO) to raise approximately RM178.32 million through the issuance of 262,228,000 new ordinary shares at RM0.68 per share. The primary purposes for raising...

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Market Updatesstock of the day

Family Feud at City Developments: Sherman Kwek Challenges Father’s Statements Amid Boardroom Battle

minichart
March 1, 2025

Sherman Kwek has contested his father, City Developments’ (CDL) executive chairman Kwek Leng Beng’s statements, arguing that they “do not present the full picture.” On February 26, Leng Beng issued two statements. In the...

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Market UpdatesSingapore SGX stocksstock of the day

Minority Shareholders Push for Value Unlock at United Overseas Insurance

minichart
March 1, 2025

Minority Shareholders Push for Value Unlock at United Overseas Insurance: Call for Distribution of Haw Par Shares and Independent Adviser In a bold move to maximize shareholder value, a group of minority shareholders of...

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Market UpdatesSingapore SGX stocksstock of the day

SingPost Shifts Strategy: Sells Australian Business for S$861 Million to Unlock Shareholder Value

minichart
March 1, 2025

Singapore Post (SingPost) is reversing its international expansion strategy by divesting its Australian businesses for A$1.02 billion (S$861 million) to Pacific Equity Partners, in a bold move to enhance shareholder value. This decision comes...

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Market UpdatesSingapore SGX stocks

Hong Leong Asia Shines with 2024 Earnings Growth and Doubled Dividend

minichart
February 28, 2025

Hong Leong Asia (HLA SP) delivered robust financial performance for 2024, reporting a 35.3% year-on-year increase in Profit After Tax and Minority Interests (PATMI), driven by strong results from its two primary business segments:...

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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...

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