Overseas Expansion

Raffles Medical Group is seeing FY2023 normalising from its Covid-19 boost. The group looks to expand overseas moving forward.

SINGAPORE (Jan 10): Samurai 2K Aerosol now earns the bulk of its revenue from Southeast Asia but the United States could soon be a major market generating significant sales once the company launches it products in March.

SINGAPORE (Dec 18): Koufu Group announced that its subsidiary, Super Tea, has entered into a joint venture with PT Berkah Cipta Adirasa to develop, establish, manage and operate the Supertea and R&B Tea brans in Indonesia.

SINGAPORE (April 18): When Malaysian engineering firm Serba Dinamik Holdings became the largest shareholder in systems integrator CSE Global last year, both parties talked about how they could work on projects together.

SINGAPORE (Oct 17): RHB Research is maintaining its “buy” call on MindChamps Preschool with an unchanged target price of 94 cents based on a blended valuation methodology comprising a target EV/EBITDA of 18 times, in line with the peer average, and DC

SINGAPORE (July 25): Middle-market executives in Singapore are especially optimistic about business conditions and opportunities when compared to their global peers, according to the findings of the annual EY Growth Barometer.

SINGAPORE (Sept 30): United Overseas Bank did something unusual for shareholders this year, offering a scrip alternative for shareholders to receive their dividends.

SINGAPORE (Sept 28): Maybank Kim Eng is upgrading Jumbo to a “buy” with a higher target price of 78 cents, while downgrading Sheng Siong to “hold” with a target price of $1.13.