Uni-Asia Group

Broker's Calls

Uni-Asia gets downgraded by KGI on weak outlook, lack of near-term catalysts

SINGAPORE (Mar 12): KGI Securities is downgrading its recommendation on Uni-Asia Group to “neutral” with a lower target price of 62 cents, given the group’s weak outlook, lack of near-term catalyst

Investing ideas

Tokyo Olympics, decent yield could provide lift for undervalued Uni-Asia Group amid record earnings

SINGAPORE (Dec 20): Despite recording its highest nine-month profit in five years, Uni-Asia Group (UAG) has not inspired confidence among investors so far this year. But that could soon change.

Broker's Calls

Uni-Asia's Tokyo residential property business an overlooked gem: KGI Research

SINGAPORE (Sept 26): KGI Research is maintaining Uni-Asia Group at “outperform” given the “deeply undervalued” stock has a highly profitable Japan-based property business.

Results

Uni-Asia posts 9% rise in 1Q earnings to US$3.5 mil on higher income

SINGAPORE (May 15): Uni-Asia Group, the alternative investment company and provider of management services to ships and properties, reports a 9% increase in earnings to US$3.5 million ($4.8 million

In print this week

Uni-Asia Group makes share placement to fund property development; announces special dividend

SINGAPORE (Apr 15): On April 4, Uni-Asia Group raised $5.85 million through the issue of 5.42 million shares at $1.08 apiece.

Equity raising

Uni-Asia selling 5.4 mil new shares at $1.08 each for property investment

SINGAPORE (Mar 27): Uni-Asia Group has entered into a placement agreement with Maybank Kim Eng Securities to issue up to about 5.42 million new ordinary shares in the company at $1.08 each.

Broker's Calls

Bright outlook for Uni-Asia's three pillars of growth

SINGAPORE (Mar 16): KGI Research is maintaining Uni-Asia at "buy" given the group is well positioned to ride growth in its three business segments and surprise dividend uplift.

Results

Uni-Asia Group completes full year turnaround, doubles dividend

SINGAPORE (Mar 2): Investment firm Uni-Asia Group, which has investments in shipping and property, has turned around.

Broker's Calls

Uni-Asia well-positioned for growth, says KGI

SINGAPORE (Dec 18): KGI Securities believes that Uni-Asia Group’s recent share price decline has opened an opportunity to accumulate as the ship and hotel owner is “well-positioned for growth”.

M&A

Uni-Asia establishes new subsidiary and acquires a bulk carrier vessel

SINGAPORE (Nov 1): Uni-Asia Group has established a new subsidiary – Fulgida Bulkship – to acquire a 29,256 dwt second hand bulk carrier vessel for US$13.5 million ($18.4 million).

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