Sunningdale Tech

Investing strategy

UOB and OCBC favoured for growth and valuation; Sunningdale, Fu Yu touted as yield and privatisation plays

SINGAPORE (July 15): On July 8, construction company Lian Beng Group announced that it had won contracts worth $235 million to build a logistics centre at Boon Lay.

Special Event

UOB and OCBC favoured for growth and valuation; Sunningdale, Fu Yu touted as yield and privatisation plays

SINGAPORE (July 15): On July 8, construction company Lian Beng Group announced that it had won contracts worth $235 million to build a logistics centre at Boon Lay.

Broker's Calls

Sunningdale Tech kept at 'hold' with recovery expected in 2H19

SINGAPORE (May 9): UOB KayHian and CGS-CIMB Securities have “hold” calls on Sunningdale Tech, the manufacturer of precision plastic components.

Results

Sunningdale Tech reports 59% lower 1Q earnings on lower sales, margins

SINGAPORE (May 7): Sunningdale Tech, the precision plastic manufacturer, reported 1Q earnings fell 59.1% to $0.79 million from a year ago on lower sales from the automotive sector and lower margins

Shareholder activism

Sunningdale to Quarz: Focus is on fundamentals, long-term value

SINGAPORE (Mar 7): Sunningdale Tech says that the group’s latest manufacturing sites in Chuzhou and Penang are part of its long-term strategy to build a sustainable and profitable business model.

Activist investment

Sunningdale says will consider Quarz proposals; prefers to focus on fundamentals

SINGAPORE (Dec 13): Precision plastic components manufacturer Sunningdale Tech says it believes focus on the fundamentals of its business will bring greater benefit to shareholders over the long ru

Activist investment

Quarz urges Sunningdale to raise dividend distribution to 60% of core net profit

SINGAPORE (Dec 13): Activist investment group Quarz Capital Management is urging the board and management of Sunningdale, the global player in precision plastic engineering, to take decisive action

M&A

Sunningdale acquires Thai precision plastic parts maker

SINGAPORE (Sept 5): Sunningdale Tech on Tuesday acquired Adval Tech (Thailand) Company from seller Adval Tech Holdings (Asia).

Management & Corporate Governance

Why Koh Boon Hwee fired himself at Sunningdale Tech

SINGAPORE (Aug 15): Koh Boon Hwee overcame big crises during his four-decade career as a company executive.

Broker's Calls

Exposure to automotive sector and acquisitions by insiders keep Sunningdale Tech at 'buy'

SINGAPORE (May 28): UOB KayHian says the correction of Sunningdale Tech is overdone and that the stock is trading at rock-bottom valuations with an attractive yield.

Be informed of the stories that matter