Category: Market Updates

Press Metal Aluminium Secures 75% Alumina Supply Through Strategic Indonesian JV

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September 19, 2024

Date: 19 September 2024Broker: UOB Kay Hian Company Overview Press Metal Aluminium Holdings (PMAH MK) is a leading aluminium producer, primarily engaged in the manufacturing and trading of primary aluminium and other aluminium-based products....

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Market Updates

SCGP Sets Ambitious EBITDA Target of Bt33 Billion by 2030

minichart

September 19, 2024

Date: 19 September 2024Broker: UOB Kay Hian Company Overview SCGP Packaging (SCGP TB) is a leading packaging company in Thailand, focusing on sustainable and innovative packaging solutions. The company aims to enhance its operational...

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Market Updates

Samarco Approaches $18 Billion Settlement for 2015 Dam Collapse Reparations

minichart

September 18, 2024

Date of Report: September 17, 2024Broker: Refinitiv, London Stock Exchange Group (LSEG) Samarco’s Role in the $18 Billion Settlement Negotiations Samarco, a joint venture between Vale and BHP, is part of the ongoing negotiations...

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Market Updates

BHP Nears Landmark $18 Billion Settlement Over 2015 Dam Collapse

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September 18, 2024

Date of Report: September 17, 2024Broker: Refinitiv, London Stock Exchange Group (LSEG) Ongoing Negotiations for $18 Billion Settlement BHP is in the final stages of negotiations with the Brazilian government, along with Vale and...

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Market Updates

Vale Nears $18 Billion Settlement for 2015 Dam Disaster Reparations

minichart

September 18, 2024

Date of Report: September 17, 2024Broker: Refinitiv, London Stock Exchange Group (LSEG) Ongoing Negotiations for $18 Billion Settlement Vale is in advanced discussions with the Brazilian government regarding a potential $18 billion settlement tied...

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Market Updates

First Quantum Minerals Faces Critical Decision as Voluntary Retirement Scheme Unfolds at Cobre Panama Mine

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September 18, 2024

Date of Report: September 17, 2024Broker: Refinitiv, London Stock Exchange Group (LSEG) Voluntary Retirement Scheme at Cobre Panama Mine First Quantum Minerals has initiated a voluntary retirement scheme for workers at its Cobre Panama...

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Market UpdatesSingapore SGX stocks

CapitaLand Investment in Advanced Talks to Acquire Stake in French Luxury Resort Chain Club Med

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September 18, 2024

Date: 18 September 2024 Broker: Maybank Research Pte Ltd Advanced Negotiations for Club Med Stake CapitaLand Investment (CLI) is reportedly in advanced talks to acquire a minority stake in the French luxury resort chain,...

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Market UpdatesSingapore SGX stocks

Sembcorp Industries to Boost Earnings with Strategic Acquisition of Senoko Energy Stake

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September 18, 2024

Date: 18 September 2024Broker: Maybank Research Pte Ltd Strategic Acquisition of Senoko Energy Stake Sembcorp Industries (SCI) and its wholly-owned subsidiary, Sembcorp Utilities, have entered into a sale and purchase agreement with Engie Global...

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Bursa KLSE stocksMarket Updates

BIMB Set for 5% Upside with Potential for Strong NIM Recovery and Dividend Growth

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September 18, 2024

Date: September 17, 2024Broker: Maybank Investment Bank Berhad Stock Overview Current Share Price: MYR 2.63 Market Capitalization: MYR 5,961 million Target Price: MYR 2.75 Potential Upside: 5% Valuation Metrics Price-to-Earnings Ratio (PER): CY24E: 10.5x...

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Bursa KLSE stocksMarket Updates

ABMB Targets 7% Upside with Stable NIM and Consistent Dividend Yield

minichart

September 18, 2024

Date: September 17, 2024Broker: Maybank Investment Bank Berhad Stock Overview Current Share Price: MYR 4.30 Market Capitalization: MYR 6,657 million Target Price: MYR 4.60 Potential Upside: 7% Valuation Metrics Price-to-Earnings Ratio (PER): CY24E: 9.3x...

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