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Stock Headliners You Need To Know
Headliners | 17 December 2015
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By: Xiu Kai Sua
Articles (10) Profile

China Everbright Water has won the tender for Nanjing Pukou Reusable Water Project in Jiangsu Province with the highest ranking in the overall score rating. The project has a daily reusable water supply capacity of 40,000m3 and will be built in a Build-Operate-Transfer basis. It will be constructed in 2 phases with a total investment of Rmb45.7m. Project Phase 1 is expected to commence operation in 2016 with a water supply capacity of 20,000m3.

City Developments (CDL) has entered into an agreement with Alpha Investment Partners (Alpha), through Alpha Asia Macro Trends Fund II, to create a joint office investment platform that will acquire 3 of CDL’s prime office assets. Through the transaction, both parties will jointly invest in an office portfolio with a total value of approximately $1.1b. Alpha and CDL will co-finance the portfolio in the ratio of 60:40.

Envictus International’s wholly-owned subsidiary, Platinum Appreciation, together with Brothers Coffee Ventures will acquire the entirety of Lyndarahim Ventures, for a total consideration of RM24m, with the group acquiring an 85% stake for RM20.4m. Integrating the coffee chain business of Lyndarahim Ventures allows the group to achieve operational and business synergy for better financial performance. In particular, the group’s trading and frozen food, bakery and butchery businesses will also benefit from supplying its premium products to complement the coffee chain business.

Ezion Holdings has entered into a strategic cooperation agreement with a Chinese state-owned enterprise (SOE) to support offshore wind power installation projects in China mainly along the coastal regions. The group will support the SOE with its service rigs for the loading, construction, transportation and installation aspects of the wind turbine development projects. In addition, the group will also provide the relevant technical expertise required for the construction and installation of the wind turbine foundation and components.

IPS Securex Holdings has received a US$64.5m Letter of Award (LOA) for the sale of Hyperspike acoustic hailing devices and their supporting accessories for delivery to a certain customer in Southeast Asia envisaged over a period of five years by Dec-20, subject to the issue of the relevant issue purchase orders. The US$64.5m LOA is the largest deal the group has received to date and is expected to contribute positively to and is expected to have a material impact on the earnings per share and net asset value per share for the group for FY16.

Sim Lian Group has acquired 2 investment grade retail properties, Woolworths Shopping Centre and Masters Home Improvement Everton Park located at Queensland, Australia for AUD70m. The properties offer complimentary retail offerings presented over 2 high profile adjoining sites totalling 55,730sqm and are positioned at the intersection of major roads. The properties are well-positioned retail destinations within the well-established and expanding Brisbane inner residential suburb of Everton Park and the northern suburbs.

UOL Group was awarded the tender submitted by its wholly-owned subsidiary UOL Venture Investments and Singland Home, a subsidiary of United Industrial Corporation (UIC) for the residential site at Clementi Ave 1 at a price of $302.1m, by the Urban Redevelopment Agency. A 50:50 joint venture company will be incorporated to undertake the development of the site which allows the group to replenish its land bank for residential development in Singapore.

Yoma Strategic Holdings’ wholly-owned subsidiary, Yoma Nominee Limited has established a new 50:50 joint venture company, MM Cars Myanmar (MMCM), with Mitsubishi Corporation. MMCM will serve as the official distributor of automobiles manufactured by Mitsubishi Motors Corporation and is responsible for the distribution (wholesale), retail sales, after-sales services, and maintenance services of motor vehicles and spare parts manufactured by Mitsubishi Motors Corporation.

Armed with a Bachelor in Economics and Finance, Xiu Kai keeps a watchful eye on the markets and conducts due diligence on selected stocks through a tested and proven value investing model.

Please click here for more information about this author.

China Everbright Water  0.315 -0.010 -3.08%   
Business: Co is involved in the environmental water business, including wastewater treatment, reusable water projects and wastewater heat pump projects in PRC.

Insight: Feb-19, FY18 revenue rose 33% mainly due to increa... Read More
City Developments  9.870 +0.03 +0.30%   
Business: Co is an international property & hotel conglomerate. [FY18 Turnover] Property development (48.4%), hotel operations (39.8%), rental properties (8.5%), others (3.3%).

Insight: May-19, 1Q19 decreased 29.5% to $746.2m compared t... Read More
Ezion Hldgs  -- -- --   
Business: Co develops, owns, and charters offshore assets to support the offshore energy markets. [FY17 Turnover] Liftboats (49.7%), Jack-up Rigs (39.5%), Offshore Support Logistic Services (10.8%).

Insight: Aug-18, 1H18, Co returned to the black with a net ... Read More
IPS Securex Hldgs  -- -- --   
Business: Provides of security products & security IT solutions. [FY18 Turnover] Maintenance & leasing (56.2%), security solutions (43.8%).

Insight: May-19, 9M19 revenue fell 7.8% with lower revenue ... Read More
UOL Group  7.510 -0.05 -0.66%   
Business: Co engages in property development, property investments, and hotel businesses. [FY17 Turnover] Ppty devt (52.2%), hotel ops (23.6%), ppty invs (14.9%), invs & others (9.3%).

Insight: Aug-18, 1H18 revenue jumped 72.9% to $1.3b attribu... Read More
Yoma Strategic Hldgs  0.340 +0.010 +3.03%   
Business: Co operates mainly in Myanmar under several business segments. [FY18 Turnover] Automobile (40.5%), real estate (20.8%), real estate services (18.4%), consumer (12.9%), financial services (6.2%), investments & others (1.2%).

Insight: Feb-19, 3Q19 revenue jumped 12.1% to $27m mainly a... Read More

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