Uni-Asia Group

SINGAPORE (Dec 20): Despite recording its highest nine-month profits in five years, Uni-Asia Group (UAG) has not inspired confidence among investors so far this year. But that could soon change.

SINGAPORE (Sept 26): KGI Research is maintaining Uni-Asia Group at “outperform” given the “deeply undervalued” stock has a highly profitable Japan-based property business.

SINGAPORE (Aug 14): Uni-Asia Group reported earnings increased 52% to US$3.0 million ($4.2 million) in 2Q19 from US$2.0 million in 2Q18.

SINGAPORE (May 15): Uni-Asia Group, the alternative investment company and provider of management services to ships and properties, reports a 9% increase in earnings to US$3.5 million ($4.8 million) for the 1Q19 ended March, from US$3.2 million a year ago

SINGAPORE (Apr 15): On April 4, Uni-Asia Group raised $5.85 million through the issue of 5.42 million shares at $1.08 apiece. The placees are entitled to a dividend per share of 6.25 cents and a special dividend of 0.75 cent announced on March 1 for FY201

SINGAPORE (Mar 27): Uni-Asia Group has entered into a placement agreement with Maybank Kim Eng Securities to issue up to about 5.42 million new ordinary shares in the company at $1.08 each.

SINGAPORE (Mar 16): KGI Research is maintaining Uni-Asia at "buy" given the group is well positioned to ride growth in its three business segments and surprise dividend uplift.

SINGAPORE (Mar 2): Investment firm Uni-Asia Group, which has investments in shipping and property, has turned around. It posted earnings of US$8.9 million for FY2017 ended Dec 31 2017, reversing losses of US$12.2 million in the preceding year.

SINGAPORE (Dec 18): KGI Securities believes that Uni-Asia Group’s recent share price decline has opened an opportunity to accumulate as the ship and hotel owner is “well-positioned for growth”.

SINGAPORE (Nov 1): Uni-Asia Group has established a new subsidiary – Fulgida Bulkship – to acquire a 29,256 dwt second hand bulk carrier vessel for US$13.5 million ($18.4 million).