Corporate moves
Heliconia buys Serba Dinamik's stake in CSE Global
SINGAPORE (July 7): Serba Dinamik International, just over two years after taking a stake of around 25% in engineering firm CSE Global, has exited from the investment by selling the whole chunk to
Results
Boustead Singapore posts 11% rise in 2H20 earnings to $18.5 mil, achieving "commendable" results under "tough business environment", says CEO Wong
SINGAPORE (July 7): Boustead Singapore, the engineering services and geo-spatial technology group saw its earnings rise 11% to $18.5 million for 2H20 ended March, from the $16.6 million posted in 2
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Company in the news
Analyst confidence in SGX shares restored
(July 7): Analyst confidence in Singapore Exchange Ltd. is gradually being restored after the bourse operator lost all of its buy recommendations over a month ago.
Broker's Calls
CGS-CIMB initiates coverage on Grand Venture Technology at 'buy' on capability differentiation
SINGAPORE (July 7): CGS-CIMB Research has initiated coverage on Grand Venture Technology (GVT) with
Company in the news
Oceanus achieves first 'clean' audit opinion in nine years
SINGAPORE (July 7): Oceanus Group, the premium seafood value chain manager, has achieved its first “clean” audit opinion in nine years, after successfully resolving all legacy issues that have caus
Broker's Calls
Gloves continue to prove their investment worthiness
SINGAPORE (July 7): Malaysia-based AmInvestment Bank (AmBank) is reiterating its “overweight” stance on the glove sector, following the high demand for the personal protective gear.
Broker's Calls
Strong 2H expected for Avi-Tech
SINGAPORE (July 7): RHB Group Research is keeping its “buy” recommendation on Avi-Tech Electronics with an unchanged target price of 50 cents.
