4Q16

SINGAPORE (Feb 14): DBS Vickers Securities is keeping its “hold” call on Pan United, Singapore’s largest cement and ready-mixed concrete (RMC) supplier, with a target price of 63 cents.

SINGAPORE (Feb 14): Oversea-Chinese Banking Corporation reported a 18% fall in earnings to $789 million for the 4Q16 ended Dec from a year ago.

SINGAPORE (Feb 13): Great Eastern Holdings has declared an 11% decline in 4Q16 earnings to $195.2 million, mainly due to lower operating and non-operating profit brought about by unrealised fair value losses from the valuation of assets and liabilities.

SINGAPORE (Feb 13): Vallianz Holdings, the provider of offshore support vessels, reported a 35.4% fall in earnings of US$3.1 million ($4.4 million) for the three months ended 31 December 2016 (4Q16).

SINGAPORE (Feb 7): United Overseas Insurance saw 4Q earnings more than double to $7.1 million from a year ago, thanks to premium growth, higher retention and lower expenses.

SINGAPORE (Jan 27): DBS Vickers Securities is reiterating its “buy” call on OUE Hospitality Trust (OUE HT) after its manager on Wednesday declared a distribution per unit (DPU) of 1.36 cents for the fourth quarter ended Dec 31, 2016.

SINGAPORE (Jan 16): Marine supply and logistics company Sinwa expects to record a loss in the 4Q16 and FY16.

SINGAPORE (Jan 16): ST Engineering announced that its aerospace arm, ST Aerospace, has secured new contracts worth about $840 million in the 4Q of 2016 for services ranging from line and airframe maintenance to component repair and overhaul. This brings t

SINGAPORE (Jan 16): Hwa Hong expects to report a net loss for 4Q16, which is mainly due to “net unrealised losses arising from fair value changes on certain financial assets”.