CGS-CIMB Research analysts Lim Siew Khee and Jeremy Ng deem the Straits Times Index (STI) as currently “oversold” following its sharp selloff in November, resulting in a 4.91% dip. This means the index could be bottoming out soon, write the analysts in a Nov 30 Singapore strategy report. “Th...

Wong Ngit Liong, who is stepping down as the long-time CEO of Venture Corp, has increased his stake in the blue-chip contract manufacturer. On Nov 8, Wong acquired 200,000 shares on the open market for a total $3.75 million or $18.7 each. Wong now holds around 20.65 million shares or 7.106% of the c...

Credit Bureau Asia has announced that its subsidiary Dun & Bradstreet (Singapore) (D&B) is collaborating with data and analytics firm Quantexa to introduce compliance and risk solutions targeted at financial institutions, insurance companies, government entities and multinational corporation...

Business sentiment for 4Q2021 has improved among local firms, a survey released by the Singapore Commercial Credit Bureau (SCCB) on Sep 14 points out. SCCB is a subsidiary of Credit Bureau Asia (CBA), a credit and risk information solutions provider in Southeast Asia. The survey – which captures...

Venture Corp has announced the appointment of Vertex Ventures Holdings group president and CEO Chua Kee Lock as an independent non-executive director. Chua is also the CEO of Vertex Venture Management, and holds directorships on seven other companies. Among those, he is the lead independent direct...

Kevin Koo Chiang, executive chairman and CEO of Credit Bureau Asia, on Aug 12 acquired 419,700 shares for $540216.86 on the open market. This works out to an average of $1.28715 per share. With the purchase, he now owns 156.64 million shares or 68% of the company, up from 67.8% earlier. The last tim...

Despite missing revenue expectations in 1HFY2021, Credit Bureau Asia (CBA) has initiatives in the pipeline that will drive a stronger latter half of the year, say CGS-CIMB Research analysts Andrea Choong and Darren Ong. In an Aug 6 note, Choong and Ong are maintaining “add” on the company with a...

Credit Bureau Asia (CBA) reported earnings of $3.9 million in its 1HFY21 ended June, a 5.5% increase from the $3.7 million posted in the year before. On a fully diluted basis, this translates to earnings per share of 1.70 cents, compared to 1.85 cents in 1HFY20. With this, the group’s net asset va...

CGS-CIMB Research Securities is maintaining its “add” call and target price of $1.53 on Credit Bureau Asia (CBA). This is believed to give the counter a 17.5% upside from its current $1.30 price, analysts Andrea Choong and Darren Ong write in an Aug 2 note. Their move follows the credit and risk...

MAINBOARD-LISTED Credit Bureau Asia TCU (CBA) has signed a memorandum of understanding to enter Vietnam in partnership with Hanoi-headquartered financial data provider FiinGroup, the company announced in a Monday bourse filing.