diamond gem

CIMB Research: Uncovering 4 Small Cap Gems In SG

Based on its market outlook for 2H17, CIMB Research sieved through the universe of small cap stocks in the Singapore market to search for hidden gems in the small cap space. Among the small caps, CIMB Research uncovered four small cap gems that investors could add to their portfolio.

DBS: 4 Potential M&A Targets Worth Looking At

In our previous article, DBS Research’s “Four Sectors That Might See M&As In 2017”, we highlighted four sectors that are poised for potential M&A activities. In this article, we dive deeper into the technology sector to highlight four potential M&A targets in 2017.

Sembcorp Industries Divest 60% Of Sembcorp Air Products

Sembcorp Industries has announced the completion of the divestment of its entire 60 percent stake in Sembcorp Air Products (SembAP) to Eastman Chemical Singapore for approximately $4 million. In addition, the group has transferred its propylene purification plant on Jurong Island to Eastman Chemical Singapore for $5.7 million.

Vallianz Holdings In Agreement To Receive $23.7 Million Investment

Vallianz Holdings has entered into a subscription agreement with CSR Zhuzhou Electric Locomotive Research Institute (Hong Kong) and CRRC (Hong Kong), both of which are subsidiaries of China’s state-owned CRRC Corporation, the world’s largest supplier of rail transit equipment, and will bring in a total investment sum of $23.65 million for the group.

Sunpower Group Bags Rmb95 Million Centralised Steam Contract

Sunpower Group has announced that it has eneted into a joint venture agreement with Huai’an Qinglian Environmental Protection Engineering, to build a centralized steam facility that comprises highly energy efficient and less polluting coal-fired boilers, and thereafter, to operate the facility in the Lianshui Economic Development Zone.

Koh Brothers Eco Engineering Wins $35.4 Million In Contracts

Koh Brothers Eco Engineering has announced that it has secured contracts worth an aggregate of approximately $35.4 milling in FY15, of which the group’s Oiltek subsidiaries and its Singapore Division contributed $23.9 million and $11.5 million worth of contracts respectively.