Great Eastern

Stocks To Watch

Manulife US REIT, Great Eastern, SingPost, ComfortDelGro, Oxley, UE, HPH Trust

SINGAPORE (Feb 13): Here are some stocks that could move the market this Monday morning.

Results

Great Eastern’s FY16 earnings down 25% to $589.3 mil

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.

Broker's Calls

United Engineers sale a boon for investors

SINGAPORE (Oct 27): UOB Kay Hian has initiated coverage on United Engineers (UE) , rating it a “buy” call with a target price of $2.96, citing the sale of the OCBC and Great Eastern stake a matter of when and not if.

Market Close

STI closes 0.9% lower at 2,828.27

SINGAPORE (Oct 26): Singapore stocks closed lower on Wednesday as earnings season gets underway and investors tread cautiously.

Broker's Calls

UE's property portfolio a treasure trove for potential buyers

SINGAPORE (Oct 13): DBS Research is maintaining a target price of $2.75 on United Engineers (UE) on news that OCBC and Great Eastern is mulling a sale of their collective 32% stake in the engineering developer, which will trigger a mandatory general offer

UE says not aware of undisclosed information behind unusual trading

SINGAPORE (Oct 5): Other than the joint announcement by Oversea-Chinese Banking Corp and Great Eastern Holdings on Sept 26 and the announcement by OUE on Wednesday, United Engineers says it is not aware of any undisclosed information that could explain it

Stocks To Watch

OCBC, Great Eastern, UE, Rowsley, TTJ, ISR

SINGAPORE (Sept 27): Here are some stocks that could move the market this Tuesday morning:
Great Eastern Holdings

Great Eastern exits Vietnam market

SINGAPORE (June 7): Great Eastern Holdings, the insurance subsidiary of OCBC Bank, is selling its Vietnam business to FWD Life Insurance Company (Bermuda) for $48.2 million.
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