Sunday, November 24th, 2024

Category: Market Updates

Senoko Energy Gains Sembcorp Utilities as New Stakeholder with 30% Acquisition

Date of Report: September 30, 2024Broker Name: CGS International Securities Sembcorp Utilities Acquires 30% Stake in Senoko EnergySenoko Energy, one of Singapore’s largest power generation companies, has seen a strategic investment from Sembcorp Utilities....

Sembcorp Utilities Secures 30% Stake in Senoko Energy to Boost Singapore Energy Portfolio

Date of Report: September 30, 2024Broker Name: CGS International Securities Acquisition of 30% Stake in Senoko EnergySembcorp Utilities, a wholly-owned subsidiary of SCI, has successfully acquired a 30% stake in Senoko Energy. Senoko Energy...

SCI’s Sembcorp Utilities Acquires 30% Stake in Senoko Energy

Date of Report: September 30, 2024Broker Name: CGS International Securities Acquisition of 30% Stake in Senoko EnergySCI, through its wholly-owned subsidiary Sembcorp Utilities, has acquired a 30% interest in Senoko Energy. This acquisition demonstrates...

Tsuneishi Group Sells 34% Stake in China Unit to YZJSGD for RMB 833.1 Million

Date of Report: September 30, 2024Broker Name: CGS International Securities Sale of 34% Stake in China Unit to YZJSGDTsuneishi Group, a notable player in the maritime and shipbuilding industry, has agreed to sell a...

YZJSGD Acquires 34% Stake in Tsuneishi Group’s China Unit for RMB 833.1 Million

Date of Report: September 30, 2024Broker Name: CGS International Securities Acquisition of 34% Stake in Tsuneishi Group’s China UnitYZJSGD has announced the acquisition of a 34% stake in the China unit of Tsuneishi Group....

SSG Expands Property Portfolio with S$50.2 Million Acquisition of Commercial Properties from DFI

Date of Report: September 30, 2024Broker Name: CGS International Securities Acquisition of Commercial Properties from DFISSG has made a strategic acquisition of two commercial properties located in Singapore. These properties, situated in Siglap and...

Miniso Expands Footprint with RMB 4.5 Billion Acquisition of Yonghui Superstores

Date of Report: September 30, 2024Broker Name: CGS International Securities Acquisition of Yonghui SuperstoresMiniso is making a major acquisition by purchasing 1.9 billion shares in Yonghui Superstores, a Shanghai-listed company. The total value of...

Yonghui Superstores Acquired by Miniso in Landmark RMB 4.5 Billion Deal

Date of Report: September 30, 2024Broker Name: CGS International Securities Acquisition by MinisoYonghui Superstores, a Shanghai-listed company, is set to be acquired by Miniso. DFI, the parent company, has decided to divest its entire...

DFI Divests Stake in Yonghui Superstores: A Strategic Move Towards Portfolio Optimization

Date of Report: September 30, 2024 Broker Name: CGS International Securities DFI Divests Entire Stake in Yonghui Superstores DFI has made a strategic decision to divest its entire stake in Shanghai-listed Yonghui Superstores. The...

Bullish Momentum Returns: Singapore Airlines Ltd Set for Strong Upside

Date of Report: October 1, 2024Broker: CGS International Securities Pte. Ltd. Company Overview Singapore Airlines Ltd provides air transportation services, engineering, pilot training, air charter, and tour wholesaling services. The company’s airline operations span...