On Jan 11, the FTSE STI Index took out the thrice-shy 3,240 points attempted last year. At the end of last week — against the odds and market belief (unless you were long on this column’s calls) — the index held above that level, with a gain of 4.7% year to date to 3,282 points on Jan 14. Inde...

RHB analyst Jarick Seet has maintained his “buy” call on Frencken Group with a higher target price of $1.37 from $1.22 previously. This comes after the group announced, on Dec 21, that it would take an impairment loss of $6.2 million that’s associated with the development of a product in the h...

MINORITY investors should take the privatisation offer at S$2 per share from Hi-P International's chairman and chief executive officer (CEO) Yao Hsiao Tung, as the valuation "appears attractive", Maybank Kim Eng (MKE) said.

MINORITY investors should take the privatisation offer at S$2 per share from Hi-P International's chairman and chief executive officer (CEO) Yao Hsiao Tung, as the valuation "appears attractive", Maybank Kim Eng (MKE) said.

Maybank Kim Eng analyst Lai Gene Lih is recommending Hi-P International’s investors to accept the $2 per share privatisation offer tabled on Dec 18 by chairman Yao Hsiao Tung. The offer price is 10.5% above Hi-P’s last traded price of $1.81 before the offer was announced on Friday morning. The $...

A VEHICLE wholly owned by Hi-P International's chief executive officer (CEO) and controlling shareholder Yao Hsiao Tung has made a voluntary unconditional general offer for all the shares of mainboard-listed Hi-P International, other than shares already held by the offeror.

A VEHICLE wholly owned by Hi-P International's chief executive officer (CEO) and controlling shareholder Yao Hsiao Tung has made a voluntary unconditional general offer for all the shares of mainboard-listed Hi-P International, other than shares already held by the offeror.

Yao Hsiao Tung, chairman of Hi-P International, and his wife Wong Huey Fang, are offering to take the company private with an offer of $2 per share. The couple, who already hold 83.5% of the company, do not intend to revise the offer.   The offer is being made, amid uncertainties of market...

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

As an unusual 2020 US Presidential campaign draws to a close, local investors are hoping that Democratic candidate Joe Biden wins the upcoming elections. According to DBS analysts Yeo Kee Yan and Chung Wei Le, a Biden victory would see a more constructive relationship with China, benefitting Chinese...

A VICTORY by Democratic candidate Joe Biden over President Donald Trump in the US election will be seen as positive for Asia equities, said DBS Group Research on Tuesday.

Maybank Kim Eng analyst Lai Gene Lih has upgraded her call on electronics manufacturer Hi-P International to “buy” from “hold” due to its continued improvement in environmental, social and corporate governance (ESG) factors. Lai has, however, maintained her target price of $1.23, due to the ...

CGS-CIMB has initiated coverage on contract manufacturer Hi-P International with a "hold" recommendation and a target price of S$1.23.

CGS-CIMB has initiated a “hold” rating and target price of $1.23 for Hi-P International, believing its strong balance sheet will support mergers and acquisitions (M&A) that could drive growth for the group. The group provides one-stop solutions to customers in wireless telecommunications, co...

CGS-CIMB has initiated coverage on contract manufacturer Hi-P International with a "hold" recommendation and a target price of S$1.23.