Lubricant maker United Global has posted earnings of US$1.7 million for the half year financial period ended 30 June 2020, down 63.5% y-o-y from the year earlier period. The drop was because the company recognised just 60% of its share of earnings from an entity called United Oil Company which was s...

FOR the five trading sessions that spanned June 26 to July 2, the Straits Times Index (STI) gained 1.8 per cent with the Nikkei 225 Index, Hang Seng Index and S&P/ASX 200 Index averaging a 1.1 per cent gain. This has brought the STI's decline in total return for the 2020 year to...

CATALIST-LISTED lubricant manufacturer and trader United Global on Tuesday said it has completed the partial disposal, or the divestment of a 40 per cent stake in its unit, United Oil Company, to global energy company, Repsol Downstream Internacional. 

THE following companies saw new developments that may affect trading of their securities on Wednesday:

GLOBAL energy company Repsol Downstream Internacional has made its first foray into South-east Asia by buying a substantial stake in a unit of Catalist-listed lubricant manufacturer and trader United Global Ltd for up to US$46.5 million.

GLOBAL energy company Repsol Downstream Internacional S.A. has entered a share purchase agreement with Singapore-based lubricant manufacturer and trader United Global Limited to acquire a 40 per cent stake in its wholly-owned subsidiary United Oil Company Pte Ltd for up to US$46.5 million. ...

SINGAPORE (June 17): UOB Asset Management (UOBAM) has launched the United Global Innovation Fund (UGIF). This is an equity fund which aims to provide retail investors with an opportunity to invest in innovative enterprises across a range of sectors and regions. Investors can tap on opportunities ar...

SINGAPORE (May 15): United Global, the lubricant manufacturer and trader in Singapore and Indonesia, reported reported 1Q19 earnings of US$2.1 million ($2.9 million), down 3.6% from a year ago. Group revenue for 1Q19 retreated 23% to US$23.8 million, affected by lower manufacturing output, and miti...

CATALIST-LISTED United Global said on Tuesday that Spain’s Repsol Lubricantes will take an additional six months until October to conduct a feasibility study into its possible acquisition of an equity stake in the lubricant manufacturer's wholly owned subsidiary, United Oil Company.

SINGAPORE (Feb 27): United Global reported 4Q18 earnings increased by 2.9% to US$2.62 million ($3.53 million), compared to US$2.54 million in 4Q17. This brings FY18 earnings to US$7.60 million, 17.2% lower than US$9.17 million in FY17. Revenue for the quarter declined by 16.7% to US$26.0 million, c...