Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No Sembcorp Indu...

The benchmark Straits Times Index (STI) fell 0.9% to 2488.96 as at noon of September 14 from the previous week’s 2511.21. Sembcorp Industries leads this week’s top gainers with a 24.1% w-o-w increase following the completion of its rights issue and focus on its energy, utilities, and urban solut...

Singapore is “one step closer to dawn”, according to DBS Group Research analysts Yeo Kee Yan and Janice Chua, after companies’ earnings in 2Q20 bore the brunt of the global lockdowns with a sharp 14.9% cut in FY20F earnings for stocks covered by the bank. “With global economies reopening, ma...

Uploaded By:  Frances Gagua Submitted By:  Frances Gagua Case Study:  No Hong Kong’s SITC ...

DBS Group Research is keeping its “buy” recommendation on Yangzijiang Shipbuilding (YZJ) with a target price of $1.40 as the company is seeing a momentum in order wins. On August 31, YZJ announced that it has secured a new contract for containerships worth some US$252 million ($342.2 million). S...

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

Mainboard-listed, China-based shipbuilding group Yangzijiang Shipbuilding (YZJ) has secured new orders for the building and delivery of twelve 1,800TEU containerships from SITC International Holdings Co (SITC). The agreement, which was signed on August 30, is worth a total of US$252 million ($342.2 ...

YANGZIJIANG Shipbuilding has entered into an agreement with Hong Kong container shipping firm SITC International Holdings for the building and delivery of a dozen 1,800 twenty-foot equivalent unit (TEU) containerships, it said on Monday.

After five weeks of being in the red zone, the benchmark Straits Times Index (STI) gained 1.4% to 2551.1 points from last week’s 2515.7 points on Tuesday (Aug 11). This comes despite the Ministry of Trade and Industry’s (MTI) revised growth forecast for the year to -7% and -5%, and news that 2Q2...

Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No Riverstone le...