Takeover

SINGAPORE (March 24): RHB Research is confident that Fraser & Neave’s (F&N’s) recent move to increase its stake in Vietnam Dairy Products, otherwise known as Vinamilk, is to power the group’s earnings growth ahead. 

SINGAPORE (Mar 8): UOB Kay Hian has shortlisted a number of SGX-listed stocks as possible “go” plays for investors, with the potential to be privatised.

SINGAPORE (Feb 7): With more than half of Singapore equities trading below their net worth, some investors are chasing profits by buying shares in companies that may be bought out or delisted by controlling shareholders or takeover firms.

SINGAPORE (Jan 6): RHB continues to keep its “buy” call on Fu Yu with a target price of 29 cents, while reiterating its view of the manufacturer and supplier of high-precision injection molds and plastic parts as an attractive privatisation or takeove

SINGAPORE (Dec 21): DBS is maintaining its “buy” call on Global Logistic Properties (GLP) with a target price of $2.47 for its stellar 1H17 results, initiation of strategic review and market talk of a possible takeover.

SINGAPORE (Nov 4): UOB Kay Hian is maintaining its “buy” call on United Engineers with a higher target price of $3.06 as the property group gears up for a possible sale.

SINGAPORE (Nov 14): RHB has maintained its “buy” call on Fu Yu with a target price of 29 cents while highlighting the stock as an “attractive privatisation/takeover candidate”.

SINGAPORE (Nov 10): DBS is maintaining a “buy” call with a target price of $2.47 for Global Logistic Properties (GLP), given its stellar 1H results and market speculation of a possible takeover.

SINGAPORE (Nov 4): A consortium led by ARA Asset Management’s founder John Lim is said to be considering a buyout of the company, according to people familiar with the situation.

SINGAPORE (Nov 3): JP Morgan has rated Global Logistic Properties (GLP) at “overweight”, meaning it expects the stock to outperform the average total return of the stocks under its coverage. It has also given the US$6 billion ($8.3 billion) owner of i