CGS-CIMB Research analysts Andrea Choong and Darren Ong have initiated coverage on Credit Bureau Asia (CBA) with an ‘add’ rating and target price of $1.53, with CBA’s defensive business model and market dominance in Singapore cited as key factors. CBA operates as a credit and risk informa...

CGS-CIMB has initiated coverage on Credit Bureau Asia (CBA) at "add" with a target price of S$1.53, citing its resilient business model.

Credit Bureau Asia, which listed on the SGX-ST’s mainboard in December 2020, has reported earnings of $3.1 million for the 2HFY2020 ended December, 15.9% lower than earnings of $3.7 million in the same period a year ago. Earnings for the FY2020 fell 2.6% to $6.8 million from $7.0 million. Earnings...

The Singapore Exchange (SGX) reported on Feb 9, that the total securities market value for January came in at $29.7 billion over 20 trading days. This was 16% higher than the total market value of $25.6 billion in January 2020 over 21 trading days. M-o-m, the total market value rose 21.8% from the $...

The total securities market value for the month of December 2020 came in at $24.39 billion over 22 trading days, according to Singapore Exchange’s (SGX) monthly market statistics report released at market close on Jan 11. This was 21% higher y-o-y, but 32.7% lower than the preceding month of Novem...

Shares in Credit Bureau Asia surged as high as $1.48, with some 238,500 shares changed hands at 4.58pm on Jan 6. The spike in volume and share price prompted a query from the Singapore Exchange Regulation (SGX RegCo) at around the same time. At 7.40pm, the company responded to the market regulator t...

As at 9.47am, shares in Credit Bureau Asia were trading 5 cents higher or 4.3% up at $1.22 from its last close price of $1.17 following the launch of its credit bureau in Myanmar. On Dec 30, the Mainboard-listed company announced that it has launched Myanmar Credit Bureau Limited (MMCB) – the firs...

CREDIT Bureau Asia (CBA) on Wednesday launched Myanmar's first credit bureau.

CREDIT Bureau Asia (CBA) on Wednesday launched Myanmar's first credit bureau.

At the risk of sounding obvious, 2020 has not been a normal year. That is why we are organising the annual Billion Dollar Club differently although we wish we could have a physical event so that we can meet our winners in person, congratulate them, greet old friends and make new ones. Nonetheless, t...