privatisation

SINGAPORE (Feb 24): There has been a spate of buying at Spindex Industries by an individual who emerged as a substantial shareholder in the company, immediately after Spindex’s management announced its buyout plan.

SINGAPORE (Feb 24): Global Premium Hotels, one of Singapore's largest chain of economy-tier and mid-tier hotels, is to be taken private by its chairman Koh Wee Meng.

SINGAPORE (Feb 22): CIMB Research continues to keep its “add” recommendation on Auric Pacific Group with an unchanged target price of $1.96 after the group on Tuesday posted a turnaround in FY16 with $72 million in earnings, which was largely in line

SINGAPORE (Feb 8): CIMB Research is maintaining its “add” recommendation for Auric Pacific Group with an unchanged target price of $1.96 on the belief that the current offer price for the takeover of the group is “not favourable”.

SINGAPORE (Feb 7): With more than half of Singapore equities trading below their net worth, some investors are chasing profits by buying shares in companies that may be bought out or delisted by controlling shareholders or takeover firms.

SINGAPORE (Feb 6): DBS Vickers Securities and Maybank Kim Eng are maintaining their “hold” recommendations on SIA Engineering Company (SIAEC) at the respective target price estimates of $3.58 and $3.70.

SINGAPORE (Jan 6): A total of 27 privatisations wiped a collective $13.2 billion in market capitalisation off SGX in 2016.

SINGAPORE (Jan 6): RHB continues to keep its “buy” call on Fu Yu with a target price of 29 cents, while reiterating its view of the manufacturer and supplier of high-precision injection molds and plastic parts as an attractive privatisation or takeove

SINGAPORE (Dec 21): DBS is maintaining its “buy” call on Global Logistic Properties (GLP) with a target price of $2.47 for its stellar 1H17 results, initiation of strategic review and market talk of a possible takeover.

SINGAPORE (Dec 19): 2017 is to remain a challenging for year oil services & equipment providers even with the gradual recovery of oil prices, says DBS Vickers Securities, which has rated the sector as “underweight” in its Market Focus 2017 Outlook rep