Oiltek - UOB Kay Hian 2025-03-27: Multiple Positive Catalysts For Valuation Re-rating

• Oiltek has announced several positive developments in 2025 including:
  1. transfer of listing to SGX mainboard,
  2. 2-for-1 bonus shares issue, and
  3. - Read this at SGinvestors.io -
• We believe further developments of the first two events, which will be tabled for approval in Oiltek’s AGM on 25 Apr 25, could improve trading liquidity and widen its shareholder base, while Pertamina JV is mid-term positive.

Transfer of listing to SGX mainboard to enhance image and provide a wider platform of potential investors.

• Oiltek announced on 17 Feb 25 it has submitted an application to the SGX to transfer its listing from the Catalist Board of the SGX-ST to the Mainboard of the SGX-ST.
• - Read this at SGinvestors.io -

Proposed 2-for-1 bonus shares issue to enhance trading liquidity.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Previous report by UOB:
2025-02-13 Oiltek International - Record-high Revenue & Earnings For 2024; Bright Future Ahead.

Price targets by 3 other brokers at Oiltek Target Prices.

Listing of research reports at Oiltek Analyst Reports.

Relevant links:
Oiltek Share Price History,
Oiltek Announcements,
Oiltek Dividend Payout Dates & Corporate Actions,
Oiltek News