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.
