FY2021

AsiaPhos terminates agreement to purchase gold and copper mining group - THE EDGE SINGAPORE

M&A

AsiaPhos terminates agreement to purchase gold and copper mining group

AsiaPhos has terminated a SPA to purchase MMJV which controls concessions for 3 gold and copper mines in the Philippines.
Maybank KE initiates coverage on ThaiBev with 'buy' rating, TP 95 cents - THE EDGE SINGAPORE

Broker's Calls

Maybank KE initiates coverage on ThaiBev with 'buy' rating, TP 95 cents

The potential listing of ThaiBev’s beer business is a near-term catalyst, says Maybank Kim Eng.
Analysts positive on Sembcorp's increasing push towards sustainability, renewable energy - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on Sembcorp's increasing push towards sustainability, renewable energy

Rebalancing Sembcorp's current renewable/thermal mix of 40/60 profit contribution in the medium term is a "key catalyst".
KGI Research starts InnoTek at 'outperform' with TP of 73 cents - THE EDGE SINGAPORE

Broker's Calls

KGI Research starts InnoTek at 'outperform' with TP of 73 cents

KGI analyst Kenny Tan expects revenues to rebound in FY2021, although it may stay below the $200 million mark.
Qian Hu reports $1.45 mil in losses for FY2020; focuses on core strengths and longer-term prospects in FY2021 - THE EDGE SINGAPORE

Results

Qian Hu reports $1.45 mil in losses for FY2020; focuses on core strengths and longer-term prospects in FY2021

Qian Hu has reported losses of $1.45 million for FY2020, a 257.9% plunge from the $$920,000 earnings it reported in FY2019.
StarHub subsidiary secures first sustainability-linked loan of RM270 mil from CIMB - THE EDGE SINGAPORE

Sustainability

StarHub subsidiary secures first sustainability-linked loan of RM270 mil from CIMB

The sustainability-linked loan is the first for both companies.
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