Sunningdale Tech

SINGAPORE (May 7): Sunningdale Tech, the precision plastic manufacturer, reported 1Q earnings fell 59.1% to $0.79 million from a year ago on lower sales from the automotive sector and lower margins.

SINGAPORE (Mar 7): Sunningdale Tech says that the group’s latest manufacturing sites in Chuzhou and Penang are part of its long-term strategy to build a sustainable and profitable business model.

SINGAPORE (Dec 13): Precision plastic components manufacturer Sunningdale Tech says it believes focus on the fundamentals of its business will bring greater benefit to shareholders over the long run than raising its dividend distribution.

SINGAPORE (Dec 13): Activist investment group Quarz Capital Management is urging the board and management of Sunningdale, the global player in precision plastic engineering, to take decisive actions to address the severe undervaluation and promote shareho

SINGAPORE (Sept 5): Sunningdale Tech on Tuesday acquired Adval Tech (Thailand) Company from seller Adval Tech Holdings (Asia).

SINGAPORE (Aug 15): Koh Boon Hwee overcame big crises during his four-decade career as a company executive. He led a national airline through the SARS epidemic in 2003, and steered Southeast Asia’s largest bank in the aftermath of the Lehman Brothers Ho

SINGAPORE (May 28): UOB KayHian says the correction of Sunningdale Tech is overdone and that the stock is trading at rock-bottom valuations with an attractive yield.

SINGAPORE (May 24): The tech manufacturing services sector could take a hit if a US-China trade war breaks out, especially when there are signs of a slowdown in the semiconductor industry.

SINGAPORE (Apr 23): Sunningdale Tech reported a 74.8% fall in earnings to $1.9 million for the 1Q18 ended March, from $7.7 million in 1Q17 a year ago.

SINGAPORE (Feb 22): Sunningdale Tech says that its 4Q17 earnings have dropped 64% to $7.75 million compared to $21.5 million in 4Q16.