Sunpower Group

Broker's Calls

KGI lifts Sunpower Group's TP to $1.53 on company’s transformation to pursue sustainability

KGI analyst Chen believes shareholders should see the “bigger picture” of the company as it goes through its transformation.

Broker's Calls

Broker's Digest: EC World REIT, Sunpower Group, Singtel, APAC Realty, Silverlake Axis

See the analysts' recommendations and target prices here.
Sunpower promotes senior finance manager to CFO as M&S disposal sees departure of CFO, CIO - THE EDGE SINGAPORE

New appointments

Sunpower promotes senior finance manager to CFO as M&S disposal sees departure of CFO, CIO

The group's CFO, Chief Investment Officer, and 6 other employees will be joining the purchaser of the M&S business.
Sunpower divests manufacturing and services to build back better following record RMB377 million FY20 earnings - THE EDGE SINGAPORE

Results

Sunpower divests manufacturing and services to build back better following record RMB377 million FY20 earnings

RMB1.93 billion has already been invested and committed in project equity to build up Sunpower’s GI portfolio.
Sunpower secures manufacturing & services contract worth RMB141 mil from polycrystalline silicon industry - THE EDGE SINGAPORE

Contracts

Sunpower secures manufacturing & services contract worth RMB141 mil from polycrystalline silicon industry

Shares in Sunpower closed 2 cents higher or 2.2% up at 92.5 cents on Feb 2.
Sunpower's subsidiary to expand Xinyuan Plant’s existing supply coverage in Qingdao City - THE EDGE SINGAPORE

Company in the news

Sunpower's subsidiary to expand Xinyuan Plant’s existing supply coverage in Qingdao City

According to Sunpower, there is potential for higher demand for steam from Xinyuan Plant in future.
UOB KH’s top picks are First Resources, Sunpower, Food Empire - THE EDGE SINGAPORE

Broker's Calls

UOB KH's top picks are First Resources, Sunpower, Food Empire

UOB KH rates “buy” for First Resources, Sunpower and Food Empire, with target prices of $1.85, $1.10 and 88 cents, respectively.
Sunpower subsidiary to acquire thermal business for RMB100 mil, plus 25-year exclusive rights to supply steam to company - THE EDGE SINGAPORE

M&A

Sunpower subsidiary to acquire thermal business for RMB100 mil, plus 25-year exclusive rights to supply steam to company

Shares in Sunpower closed 10 cents higher or 11.7% up at 95.5 cents on Jan 12.
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