CGS-CIMB starts Jiutian Chemical Group at ‘add’ with TP of 14.5 cents on DMF cyclical upswing
CGS-CIMB Research has initiated coverage on Jiutian Chemical Group with an “add” call and a target price of 14.5 cents, …
Corporate
Shares in Fu Yu Corp see over 20% spike, triggers SGX query
Shares in Fu Yu Corp surged as high as 20.7% to 33.8 cents as at 3.50pm on Jan 18, with …
Read moreShares in Fu Yu Corp see over 20% spike, triggers SGX query
iFAST says it is bidding in certain projects in Hong Kong, which may have material positive impact for business, in response to SGX query
Following its share price surge on 9.45am on Jan 15, iFAST Corporation has issued a statement via SGX at 12.37pm, …
Expect record 4Q20 earnings by iFAST Corp on record AUA: CGS-CIMB
iFAST Corporation is on track to report record 4QFY2020 earnings with net profit rising 140% y-o-y, says CGS-CIMB Research. This …
Read moreExpect record 4Q20 earnings by iFAST Corp on record AUA: CGS-CIMB
Broker’s take: Maybank KE raises TP for Wilmar on potential Q4 surprises
MAYBANK Kim Eng has raised its target price for Wilmar International to S$6.80 from S$5.40 previously, while identifying a number …
Read moreBroker’s take: Maybank KE raises TP for Wilmar on potential Q4 surprises
Singapore Airlines bond could prompt more Asian aviation debt deals
Singapore Airlines has raised $500 million in its first U.S. dollar bond issue, which the company will use to buy …
Read moreSingapore Airlines bond could prompt more Asian aviation debt deals
Air travel recovery stalled as governments shun balanced approach to tackling Covid-19 risks
The numbers show that the recovery in air travel which began in late May-early June stalled by November last year. …
DBS upgrades Riverstone Holdings to ‘buy’ after share price correction
DBS Group Research analyst Ling Lee Keng has upgraded Riverstone Holdings to “buy” from “hold”, albeit with a lower target …
Read moreDBS upgrades Riverstone Holdings to ‘buy’ after share price correction
AEM offers to buy CEI at $1.15 per share
AEM Holdings, which is on a roll riding the up-cycle of the semiconductor industry, is offering to privatise circuit board …
Singapore Airlines considers debut dollar bonds to bolster liquidity
Singapore Airlines Ltd. is considering its first-ever offering of dollar bonds, as it tries to bolster cash amid the pandemic. …
Read moreSingapore Airlines considers debut dollar bonds to bolster liquidity
Keppel O&M associate Floatel and lenders agree to deliver full discharge of security over bank vessel assets
Floatel International, an associated company of Keppel Offshore & Marine (Keppel O&M) says it has reached an agreement with its …
ISDN is ‘on track’ to report record net profit in FY2020F, says CGS-CIMB
CGS-CIMB Research analyst William Tng has maintained his “add” rating on ISDN Holdings with a higher target price of 72 …
Read moreISDN is ‘on track’ to report record net profit in FY2020F, says CGS-CIMB
Roxy-Pacific Holdings says it expects to report losses for 2HFY2020 and FY2020 in profit guidance
Roxy-Pacific Holdings says it expects to report losses for the 2HFY2020 and FY2020 ended Dec 31, 2020, due to the …
OCBC Bank names Helen Wong as new group CEO; current CEO Samuel Tsien to retire
OCBC Bank has appointed Helen Wong Pik Kuen as its new group chief executive officer. Wong’s appointment will be effective …
Read moreOCBC Bank names Helen Wong as new group CEO; current CEO Samuel Tsien to retire