- Civmec made an application to the general division of the Singapore High Court on 19 Jun 24 to seek a grant to convene a shareholders’ scheme meeting in relation to the change of domicile from Singapore to Australia.
- - Read this at SGinvestors.io -
- We continue to like Civmec for its steady growth potential and attractive dividend yield of about 6%.
Application to convene shareholders' scheme meeting for change of domicile.
- On 19 Jun 24, Civmec (SGX:P9D) made an application to the general division of the Singapore High Court to seek a grant to convene a shareholders' scheme meeting in relation to the change of domicile from Singapore to Australia.
- - Read this at SGinvestors.io -
- a potential increase in access to capital for the new entity to fund future growth as this will align with the increased demand for local manufacturing industries in Australia, which is expected to offer greater liquidity for shareholders.
Tendering activities across Civmec's operations are at historically high levels
- Read more at SGinvestors.io.
Above is the excerpt from report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full report in PDF @ https://www.utrade.com.sg/.
John Cheong UOB Kay Hian Research | Heidi Mo UOB Kay Hian | https://research.uobkayhian.com/ 2024-06-21
Previous report by UOB:
2024-05-28 Civmec - 3QFY24 Results In Line With Expectations; Record-Breaking Quarter.
Price targets by other brokers at Civmec Target Prices.
Listing of research reports at Civmec Analyst Reports.
Relevant links:
Civmec Share Price History,
Civmec Announcements,
Civmec Dividends & Corporate Actions,
Civmec News Articles
