The first initial public offering (IPO) of 2019 is poised to be that of Grand Venture Technology Limited, a provider of engineering, assembly and testing services. Here are some key highlights to know from the company’s IPO prospectus. About Grand Venture Technology Grand Venture Technology is a manufacturing solutions and services provider for the semiconductor, analytical life sciences, electronics and other industries. The company has facilities in Singapore, Malaysia and China. For the semiconductor industry, Grand Venture Technology manufactures and supplies high-precision components, and assembles key modules for front and back-end processes. According to IPO prospectus, the firm has high barriers to entry through its technical know-how in complex precision machining, sheet metal f

This is a recent strategy which I am experimenting on my CFD account which I will be explaining more in detail when I have the time to blog the full implementation on it.I recently opened a short position in UMS Holdings at the price of $0.66 for 50,000 shares.This was somewhat a different strategy I have for my main portfolio which focuses on dividend income strategy and will remain the core of it for the most part of things.UMS has been a very popular stock in the past 2 years due to their recent semi-conductor upcycle, which seen their stocks price goes as high as $1.30+ prior to the bonus offer 1 for 4 sometime during this same time last year.Since then, their results this year have not been particularly good, with the trade war between the US and China impacting the demand production

There are a few companies that will be going ex-dividend on Thursday. In other words, you need to own them before that day in order to receive their dividends. Let’s dive into three such companies. Best World International Limited (SGX: CGN) Best World is involved in the development, manufacturing and distribution of top-end skincare, personal care, nutritional and wellness products, to customers through its direct-selling network. The firm is dishing out 1.2 Singapore cents per share for its third quarter as a special dividend. For the company’s latest quarter, revenue spiked 96.8% to S$92.1 million, up from S$46.8 million a year ago. The improvement was mainly due to the full commencement of the franchise segment in China from July 2018. Meanwhile, net profit surged 145.3% to S$29.9

With no clarity how Trump-Xi meeting at the G20 summit in Argentina would pan out, UOBKH believes that the market will be taking flight into safety stocks with strong fundamentals. Thus, moving forward, UOBKH recommends investors to reposition their portfolio with such stocks to build up portfolio resilience. Investors Takeaway: 4 Cash Rich Companies With Generous Yields ST Engineering Despite registering slightly weaker 3Q18 results, UOBKH believes that ST Engineering’s long-term value remains intact. ST Engineering’s internal operating cash flow will also be sufficient to fund its dividend payout of $0.17 in 2019, based on a payout ratio of 85 percent. This implies an attractive yield of 4.9 percent. ST Engineering’s recent acquisition of MRAS is in the midst of getting cleara