Orderbook

UOB to issue €1 bil 0.01% covered bonds due 2027 - THE EDGE SINGAPORE

Bonds and treasuries

UOB to issue €1 bil 0.01% covered bonds due 2027

The bonds will be issued at 101.53% on Dec 1 and mature on Dec 1, 2027.

Broker's Calls

ST Engineering remains RHB's top sector and country pick on record high orderbook, profit growth outlook

According to RHB analyst Shekhar Jaiswal, ST Engineering is slated to rake in a double-digit profit growth in 2020-2021 on the back of its record high orderbook and accretive acquisitions.

Broker's Calls

Brighter near-term outlook for ISOTeam after a tough financial year

SINGAPORE (Aug 28): RHB Research is maintaining its “buy” call on ISOTeam with an unchanged 50-cent target price after it recently concluded what the research house deems a tough FY17.

Broker's Calls

The seas have calmed for Mermaid Maritime

SINGAPORE (Jan 9): DBS Vickers Securities is turning positive on Mermaid Maritime, upgrading its call on the stock from “hold” to “buy” at a raised target price of 24 cents from 14 cents previously due to a more favourable risk-reward profile.

Results

Civmec reports 29% fall in 1Q earnings to $6.2 mil

SINGAPORE (Nov 8): Civmec reported a 28.8% fall in 1Q17 earnings to $6.2 million on lower sales and higher administrative expenses.

SGX raps Swiber for misleading 2014 contract announcement

SINGAPORE (Oct 31): The Singapore Exchange has reprimanded Swiber for breaching Listing Rule 703 for failing to provide a balanced and fair announcement in relation to a US$710 million ($988 million) project.
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