Pan-United Corp

Pan-United marks sector win with focus on carbon mineralised concrete - THE EDGE SINGAPORE

Billion Dollar Club 2024

Pan-United marks sector win with focus on carbon mineralised concrete

Pan-United Corporation, despite not winning any of the three metrics, has been named the overall sector winner of this industry
CGSI highlights construction names BRC Asia, Hong Leong Asia, Pan-United after National Day Rally speech - THE EDGE SINGAPORE

Broker's Calls

CGSI highlights construction names BRC Asia, Hong Leong Asia, Pan-United after National Day Rally speech

The construction sector is a potential beneficiary, say CGS International analysts Lock Mun Yee and Lim Siew Khee.

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.

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.
Pan-United partners with Cleantech Solar to develop solar PV systems - THE EDGE SINGAPORE

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.
Pan-United maintains buybacks; OCBC tightens hold over Great Eastern - THE EDGE SINGAPORE

Insider moves

Pan-United maintains buybacks; OCBC tightens hold over Great Eastern

As at Dec 31, 2022, Pan-United's net asset value stood at 30.3 cents

Environmental, Social and Governance

Pan-United supplying 360,000 cu m of low-carbon concrete to PSA's Tuas Port

Carbon dioxide mineralised concrete is a carbon capture and utilisation technology
Pan United, Hour Glass step up share buybacks with earnings growth - THE EDGE SINGAPORE

Insider moves

Pan United, Hour Glass step up share buybacks with earnings growth

Both companies reported better earnings
Pan-United Corp announces earnings recovery in FY2021  - THE EDGE SINGAPORE

Results

Pan-United Corp announces earnings recovery in FY2021

Pan-United Corp announces earnings recovery in FY2021

Sustainability

Pan-United to explore decarbonisation of over 1,000 trucks in partnership with Surbana Jurong

The companies will study the feasibility of using electric and hydrogen fuel cells to power a fleet of more than 1,000 trucks.
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