Pan-United Corp

Results

Pan-United reports 2HFY2023 earnings of $20.4 mil, up 107% y-o-y

For FY2023, revenue grew 10% y-o-y to $774.1 million, driven primarily by the concrete and cement business.
Pan-United partners with Cleantech Solar to develop solar PV systems - THE EDGE SINGAPORE

Deals, joint ventures & alliances

Pan-United partners with Cleantech Solar to develop solar PV systems

Cleantech Solar is backed by Keppel, Keppel Asia Infrastructure Fund and Shell Singapore.
Pan-United maintains buybacks; OCBC tightens hold over Great Eastern - THE EDGE SINGAPORE

Insider moves

Pan-United maintains buybacks; OCBC tightens hold over Great Eastern

As at Dec 31, 2022, Pan-United's net asset value stood at 30.3 cents

Environmental, Social and Governance

Pan-United supplying 360,000 cu m of low-carbon concrete to PSA's Tuas Port

Carbon dioxide mineralised concrete is a carbon capture and utilisation technology
Pan United, Hour Glass step up share buybacks with earnings growth - THE EDGE SINGAPORE

Insider moves

Pan United, Hour Glass step up share buybacks with earnings growth

Both companies reported better earnings
Pan-United Corp announces earnings recovery in FY2021  - THE EDGE SINGAPORE

Results

Pan-United Corp announces earnings recovery in FY2021

Pan-United Corp announces earnings recovery in FY2021

Sustainability

Pan-United to explore decarbonisation of over 1,000 trucks in partnership with Surbana Jurong

The companies will study the feasibility of using electric and hydrogen fuel cells to power a fleet of more than 1,000 trucks.

Construction

Pan-United paves the way forward

With its hi-tech processes and products, Pan-United is breaking construction’s mould as a bricks and mortar industry

High Court approves Pan-United’s proposed capital reduction plans

SINGAPORE (Nov 16): The High Court of Singapore has granted Pan-United Corp the Order of Court approving its proposed capital reduction and proposed distribution.
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