UltraGreen - UOB Kay Hian 2026-03-18: Set To Benefit From Multiple Positive Developments

• The recent cyberattack on Stryker by Iran-linked hacking group could serve as a near-term catalyst for UltraGreen (SGX:ULG).
• The attack disrupted parts of Stryker’s systems and access to internal infrastructure, with no clear timeline for full restoration. Potential disruptions to order processing or fulfilment, particularly for consumables such as indocyanine green (ICG) vials, could drive hospitals to alternative suppliers to avoid procedural delays.
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Building momentum with APAC regulatory approvals.

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• These milestones reinforce UltraGreen’s APAC expansion strategy, strengthening its regional presence and positioning the company to capture rising demand from growing surgical volumes and wider clinical adoption of ICG.

Growth supported by ample dry powder to drive expansion.

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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/.

Read also UOB's most recent report:
2026-05-06 UltraGreen.ai 1Q26 - Broad-based Volume Growth & Continued Expansion.

Price targets by other brokers at UltraGreen Target Prices.

Listing of research reports at UltraGreen Analyst Reports.

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