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diversification
Corporate moves
NutryFarm diversifies into durian distribution
NutryFarm is getting into the durian business and it seems that profits are ripe for the picking.
July 22, 2021
Company in the news
Arion Entertainment acquires holding company, begins foray into Hong Kong
The magazine publisher had outlined plans to enter real estate brokerage services, franchising, moneylending and more.
May 18, 2021
Company in the news
Micro-Mechanics ups dividend on higher earnings, bets on steady demand to ride through Covid-19
SINGAPORE (Feb 21): The semiconductor industry has enjoyed a rebound on the back of the easing of US-China trade tensions, but is yet again threatened with a potential disruption as the ongoing Covid-19 virus outbreak intensifies.
February 21, 2020
Investing ideas
Potential spin-off and listing of ThaiBev's beer business could bring new highs
SINGAPORE (Dec 3): Something is brewing at Thai Beverage.
December 03, 2019
Zest
Singapore banks primed for headwinds after earnings beat
SINGAPORE (Aug 2): Singapore banks delivered second-quarter profit that beat analysts’ estimates, indicating they are well placed to weather mounting pressures from a global economic slowdown and falling interest rates.
August 02, 2019
Update
Raffles Medical Group says not long before China forms 20-40% of overall business
SINGAPORE (April 29): Raffles Medical Group (RMG) says Raffles Hospital Chongqing saw around 500 patients over 1Q19 since it opened in January this year. The new hospital currently has between 100 and 150 beds, and the group intends to roll out more beds
April 29, 2019
Broker's Calls
Food Empire downgraded as US ramps up sanctions against Russia
SINGAPORE (Aug 15): RHB Research is downgrading its call on Food Empire to “neutral” from “buy” while lowering its target price on the stock to 60 cents from $1.07 previously to reflect a lower target P/E of 14 times as a result of lower valuation
August 15, 2018
Broker's Calls
Why business diversification of this telco won't ease investor worries just yet
SINGAPORE (Mar 27): UOB Kay Hian is maintaining its “sell” recommendation on M1 with a target price of $1.60 on expectations of stiff market competition from the impending entry of TPG Telecom as Singapore’s fourth mobile operator in 2H18.
March 27, 2018
In print this week
How protective clothing drove business growth in more ways than one for this company
SINGAPORE (Jan 8): Amos International Holdings is one of many maritime support services companies that have sprouted up in Singapore over the decades to serve the growing number of vessels calling at ports around the region.
January 08, 2018
Global Yellow Pages announces restructuring and retrenchments; to cease publication of print directories from 2018
SINGAPORE (Aug 1): As part of what its CEO and director calls a “painful but necessary” revamp of its business model, Global Yellow Pages (GYP) has announced that it will be restructuring its business to focus on real estate as its core business, and
August 01, 2017