M&A

SINGAPORE (Nov 11): Boustead Singapore reported a 26% fall in 2Q17 earnings to $7.6 million on the depressed state of the oil and gas industries impacting performance of the energy-related engineering division.

SINGAPORE (Sept 23): Predicting an M&A often rely on inside knowledge or leaks from within, however, factors such as leverage, size of company as well as profitability has been identified as significant in predicting an M&A, according to an Intralinks stu

SINGAPORE (Sept 21): Asiamedic is currently engaged in talks over “prospective business opportunities including mergers and acquisitions”.

SINGAPORE (Sept 7): DBS Group Research is raising its oil price forecasts by US$10 per barrel to between US$45 and US$50 per barrel for FY16 and between US$50 and US$55 for FY17. This comes after sentiment on the oil market turned positive in May.

SINGAPORE (Aug 19): OCBC Investment Research is maintaining its “hold” rating on crane and heavy equipment supplier Tat Hong Holdings, with a slightly lower fair value of 54 cents from 55 cents previously.  

SINGAPORE (July 21): UOB Kay Hian has maintained its “buy” recommendation for Innovalues with a target price of $1.06, after Innovalues’ share price fell 12.3% from its high of $1.11 in early July.

SINGAPORE (July 15): CIMB Research is maintaining its “add” call on First REIT with a higher target price of $1.38 from $1.33 previously, after its 2Q16 results came in line with the research house’s expectations.

SINGAPORE (July 13): OCBC Investment Research is maintaining its “hold” rating on crane and heavy equipment supplier Tat Hong Holdings, but has raised the stock’s fair value from 50 cents to 55 cents on the belief the group should command “a certa

SINGAPORE (July 7): Ernst & Young’s recent survey “Capitalizing on opportunities: Private equity investment in oil and gas” found that 43% of the 100 private equity (PE) firms surveyed were planning acquisitions in the oil & gas sector for the first