The United Nations (UN) General Assembly resolution in March saw an overwhelming 141 countries vote to condemn Russia’s invasion of Ukraine. Only five countries, including Russia, voted against the resolution, while 35 abstained from the vote.The historic vote aimed to isolate Russia politically, ...

THE offer to take United Global private at S$0.45 in cash per share has closed on Tuesday (Jan 25) with valid acceptances representing 99.02 per cent of the company's total issued shares.

CATALIST-LISTED lubricant manufacturer United Global is facing a privatisation bid that values the company at some S$142.3 million, said an offer announcement on Friday (Dec 10).

Catalist-listed lubricant manufacturer United Global has received a privatisation bid that values the company at around $142.3 million. The offeror – DWM Investments – plans to put in 45 cents for each share, under the voluntary unconditional cash offer, United Global states in its regulatory fi...

CATALIST-LISTED lubricant manufacturer United Global is facing a privatisation bid that values the company at some S$142.3 million, according to an offer announcement on Friday (Dec 10).

The Muns, controlling shareholders of Aztech Global, have raised their stake in the company as its share price dipped to a post-listing low. Aztech Global was listed on March 2020 at $1.28. It surged to as high as $1.43 last April before the share price retreated to as low as $1.01 on Sept 20. On ...

China-based oil player Sinostar PEC Holdings emerged as the overall sector winner for this year’s awards. With an earnings growth at a CAGR of 32.5% over the three years in consideration, the company has been named the winner of this category as well. In FY2020 ended last December, Sinostar PEC ...

Despite United Global’s positive set of results for 1HFY2021 ended June 30, analysts have continued to be less than optimistic on the engine lubricant company. SAC Capital has maintained its “hold” rating for the stock with an unchanged target price of 44.5 cents. On Aug 11, United Global repo...

PhillipCapital’s research analyst Vivian Ye has identified three positive reasons for investors to invest in independent lubricant seller, United Global. In its initiation report that is non-rated, the brokerage highlighted that United Global intends to leverage United Oil Company’s (UOC) new jo...

FOR the five trading sessions that spanned Feb 26 to March 4, the Straits Times Index (STI) gained 1.4 per cent while the Nikkei 225 Index, Hang Seng Index and S&P/ASX 200 Index averaged a 2.9 per cent decline. Share buybacks There were 15 primary-listed stocks conducting share buybacks over the f...

LUBRICANT manufacturer United Global's wholly-owned subsidiary United Supply Chain (USC) has formed a joint venture (JV) company with Latitude Shipping, in which USC owns a 45 per cent stake and Latitude Shipping, the remaining 55 per cent.

Independent lubricants manufacturer United Global says its wholly-owned subsidiary, United Supply Chain (USC), has entered into a joint venture (JV) agreement with Latitude Shipping to form Latitude United Shipping (LUS) on Jan 26. Under the terms of the agreement, USC will own a 45% stake, while th...