SIlverlake Axis (SAL)

Broker's Calls

Silverlake Axis kept at 'add' on renewed growth prospects

SINGAPORE (Apr 25): CIMB Research is maintaining its “add” recommendation on Silverlake Axis, ahead of renewed growth prospects following the expansion of its fintech capabilities via the earnings-accretive acquisition of three entities.

Silverlake Axis secures new core banking contract

SINGAPORE (Apr 24): Silverlake Axis announced Tuesday that it has won a new core banking system contract with a large banking institution in Asean.

Silverlake Axis secures contract from Malaysia Building Society for merged entity

SINGAPORE (Apr 12): Silverlake Axis has secured a contract to implement a core banking solution for an Islamic bank in Malaysia.

Results

Silverlake Axis FY17 earnings more than treble to $270 mil on one-off gain

SINGAPORE (Aug 25): Silverlake Axis, the software provider to financial institutions, announced FY17 earnings more than trebled to RM846 million ($269.3 million) from RM273.8 million in FY16.

Broker's Calls

Silverlake Axis battling headwinds but ready for upturn

SINGAPORE (May 17): Analysts continue to be optimistic about future prospects for Silverlake Axis (SAL) despite headwinds faced by the banking software provider.

Results

Silverlake Axis 2Q earnings quadruple to $79 mil on disposal

SINGAPORE (Feb 14): Silverlake Axis (SAL) has posted earnings of RM264.3 million ($78.7 million) in 2Q, from RM66.6 million a year ago.
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