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Company in the news
GEAR's shareholders vote to delist company at EGM
At an extraordinary general meeting (EGM) on June 9, the resolution to delist was passed with 99.89% approval.
June 09, 2023
Company in the news
Amid spate of privatisation attempts, SIAS calls for IFA process to be improved
"More can clearly be done to protect the investing public when it comes to takeovers-cum-delistings"
June 05, 2023
Offer
SIAS urges GEAR's minority shareholders to reject revised offer
After months of hard work, shareholders go back to square one.
May 30, 2023
Broker's Calls
KGI recommends shareholders take the better offer from GEAR
Of the various offers from GEAR, the analyst says he prefers the all-cash option. Here's why.
March 21, 2023
Offer
GEAR says conditions for proposed transactions not met, exit offer may lapse without shareholders' approval
In its statement, GEAR pointed out that the transactions were conditional and that none of the various conditions have been met.
March 03, 2023
Results
Golden Energy FY2022 earnings surge by 522.4%; maintains cautious outlook pending privatisation offer
This deal – the latest in a spate of privatization offers in recent years – has attracted the attention of SGX RegCo.
February 27, 2023
Offer
Golden Energy and Resources to delist; offers GEMS shares and exit offer of 16 cents
Golden Energy and Resources (GEAR) is proposing to delist.
November 09, 2022
Equity raising
GEAR plans to raise $86.9 million via placement a week after reporting record earnings
A week earlier, GEAR announced record earnings of US$251.3 million for FY2021, up 629%
February 27, 2022
Broker's Calls
KGI initiates coverage on coal miner with 137% target upside despite push for renewables
"Whether we like it or not, coal powered plants are still growing."
August 25, 2021
SGX Research Series: 10 in 10
GEAR diversifies into gold and metallurgical coal for more resilience
Golden Energy and Resources (GEAR) engages in the exploration, mining, and marketing of metallurgical and thermal coal.
November 06, 2020