Silverlake Axis

Briefs: Hanwha Group explains offer price for Dyna-Mac; No increase in offer for Silverlake Axis; Anwar speaks in Johor - THE EDGE SINGAPORE

Singapore news

Briefs: Hanwha Group explains offer price for Dyna-Mac; No increase in offer for Silverlake Axis; Anwar speaks in Johor

Also, Temasek sets aside $100 million as concessional capital for climate action; and GIC, Temasek back Brookfield in an emerging markets transition fund.

Broker's Calls

Brokers’ digest: Haidilao International Holding, CSE Global, Delfi

From Haidilao to Silverlake Axis, see what analysts have to say this week.
CGS International reiterates 'reduce' call on Silverlake Axis after privatisation announcement - THE EDGE SINGAPORE

Broker's Calls

CGS International reiterates 'reduce' call on Silverlake Axis after privatisation announcement

CGSI says the offer seems reasonable, and would imply a cash outlay of about $235 million by E21.
Silverlake Axis says it secured 65 contracts worth $33 mil to existing customers in 4QFY2024 - THE EDGE SINGAPORE

Contracts

Silverlake Axis says it secured 65 contracts worth $33 mil with existing customers in 4QFY2024

The contracts are expected to contribute positively to the results of Siverlake Axis in the current and following financial years.

Banking & finance

Silverlake Axis cannot survive another 30 years just on banking services, says new CEO Cassandra Goh

Amid AI, quantum computing and cloud, banking software firm Silverlake Axis feels pushed to grow its business lines.

Broker's Calls

Silverlake Axis's quality of earnings improving, analysts maintain 'buy' with lower TPs

The company’s overall GPM may start trending towards a new lower run rate.

Results

Silverlake Axis records RM89.3 mil earnings for 1HFY2024, down 11% y-o-y

The company also announced it has secured contracts to deliver digital innovation enhancement solutions to 67 existing customers.

Broker's Calls

Silverlake Axis boasts robust pipeline

Silverlake Axis 1QFY2024 earnings of RM48.9 million ($14.4 million) are its highest when compared to the three previous quarters.

Results

Silverlake Axis earnings down 15% y-o-y in 1QFY2024; recurring revenue stays strong

The y-o-y earnings drop was due to a large software licensing contract recognised in 1QFY2023.
Sing Investments tops sector; Silverlake Axis maintains regional growth mettle - THE EDGE SINGAPORE

Billion Dollar Club 2023

Sing Investments tops sector; Silverlake Axis maintains regional growth mettle

Sing Investments & Finance has built up a loan book of more than $2 billion
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