Maybank Kim Eng’s Kareen Chan has initiated coverage on Sheng Siong Group with a “sell” call and $1.33, citing its “best days are over”. From her perspective, the supermarket chain, which benefited from higher-than-normal buying last year amid the pandemic, is unlikely to see another windf...

MAINBOARD-LISTED transport operator ComfortDelGro Corporation announced on Wednesday that its wholly owned subsidiary ComfortDelGro Corporation Australia (CDC) is expanding its bus service operations in Queensland, Australia.

ComfortDelGro Corporation (CGD) has announced the acquisition of business assets of a bus operator in Queensland, Australia for a total purchase consideration of A$17.5 million ($17.53 million). The transaction, entered into via its wholly-owned Australian subsidiary, will see the acquisition of bus...

MAINBOARD-LISTED transport operator ComfortDelGro Corporation announced on Wednesday that wholly-owned subsidiary ComfortDelGro Corporation Australia (CDC) is expanding its bus service operations in Queensland, Australia.

Singapore companies are geared towards reopening, writes Maybank Kim Eng Research analyst Thilan Wickramasinghe. Of the 10 companies presenting at Maybank Kim Eng’s Invest Asean Singapore conference, the majority were “upbeat with a hint of caution” on growth prospects in 2021 and 2022. The 10...

CGS-CIMB Research analyst Lim Siew Khee has kept her top picks for the reopening of the Singapore economy to SATS, Frasers Centrepoint Trust (FCT) and United Overseas Bank (UOB). This comes as the Singapore government has relaxed its Covid-19 measures to now allow a group of five diners from July 12...

MAYBANK Kim Eng is positive that companies like DBS, Venture Corporation and ComfortDelGro offer strategic advantages as Singapore addresses the environmental, social and governance (ESG) challenges in the coming years.

MAYBANK Kim Eng is positive that companies like DBS, Venture Corporation and ComfortDelGro offer strategic advantages as Singapore addresses the environmental, social and governance (ESG) challenges in the coming years.