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Pan-United
Company in the news
Pan-United deploying Singapore’s first electric-powered concrete mixer truck
Pan-United took delivery of the truck on July 18 from China's heavy machinery manufacturer SANY.
July 19, 2024
New appointments
Pan-United appoints new CEO, daughter of founder Ng becomes executive chairman
May Ng has been CEO since March 2011.
July 15, 2024
Broker's Calls
CGS International increases Pan-United’s TP to 69 cents with 1Q2024 Singapore RMC demand remaining strong
CGS International has kept its 'buy' call on Pan-United at a raised target price of 69 cents.
June 12, 2024
Results
Pan-United reports 2HFY2023 earnings of $20.4 mil, up 107% y-o-y
For FY2023, revenue grew 10% y-o-y to $774.1 million, driven primarily by the concrete and cement business.
February 08, 2024
Deals, joint ventures & alliances
Pan-United partners with Cleantech Solar to develop solar PV systems
Cleantech Solar is backed by Keppel, Keppel Asia Infrastructure Fund and Shell Singapore.
February 05, 2024
kopi-C: the Company brew
Pan-United: Decarbonising the world with concrete
'People may not notice it, but concrete is all around our daily lives'
May 10, 2023
Results
Pan-United reports 16% lower earnings y-o-y in 2HFY2022 at $9.88 mil
Pan-United's FY2022 revenue grew 20% y-o-y to $703 million.
February 09, 2023
Broker's Calls
CGS-CIMB ‘overweight’ on building materials sector with BRC Asia as top pick
Apart from improving labour, the analysts note that construction output recovered well in July.
September 22, 2022
Tech
Keppel Data Centres among industry leaders to develop Singapore’s first end-to-end decarbonisation process in Singapore
Under the MOU, Keppel Data Centres, Chevron, Pan-United and Surbana Jurong will jointly explore, identify and develop mature carbon capture technologies, coupled with novel technologies that utilise cryogens, membranes and hydrogen.
July 02, 2020
Update
Pan-United to reduce CO2 emissions with clean tech from Canada
SINGAPORE (Nov 19): Pan-United Corp, the cement and ready-mixed concrete supplier, is introducing technology from Canadian cleantech company CarbonCure in a bid to potentially save over 4,000 tonnes of carbon dioxide (CO2) emissions annually at each of it
November 19, 2018