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Smooth ride ahead for United Global?

Benjamin Cher
Benjamin Cher11/28/2016 04:26 PM GMT+08  • 2 min read
Smooth ride ahead for United Global?
SINGAPORE (Nov 28): United Global, the manufacturer of industrial lubricants, is set to ride Asia’s growing automotive production and industrialisation, says CIMB, with China and Malaysia alone representing 45% of regional demand.
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SINGAPORE (Nov 28): United Global, the manufacturer of industrial lubricants, is set to ride Asia’s growing automotive production and industrialisation, says CIMB, with China and Malaysia alone representing 45% of regional demand.

“Heightened emphasis on fuel economy and wear protection also mean higher demand for better quality lubricants,” CIMB analyst Ngoh Yi Sin in a Monday report.

CIMB also notes that United Global, which was listed on the Catalist board in July, has had a 17-year track record.

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