Union Gas

Corporate moves

Union Gas signs MOU to develop EV charging infrastructure in Singapore, Japan and Southeast Asia

The MOU was signed with EV charging solutions provider Deltrix, a subsidiary of Hong Kong-listed Trio Industrial Electronics.
Union Gas 1HFY2023 doubles on lower cost - THE EDGE SINGAPORE

Results

Union Gas 1HFY2023 earnings doubles on lower cost

The company plans to pay an interim dividend of 0.6 Singapore cent per share for 1HFY2023, vs 0.5 cent paid for whole of FY2022

Investing ideas

Union Gas moving into new markets but seeing near-term cost pressures

The company is poised for a more positive outlook for the coming FY2023,
Union Gas moves to expand hold on Singapore LPG market with $75 mil acquisition - THE EDGE SINGAPORE

Billion Dollar Club 2021

Union Gas moves to expand hold on Singapore LPG market with $75 mil acquisition

Union Gas solidifies its hold over Singapore's LPG market, as well as diversifying into natural gas and overseas ventures.
Union Gas has applied to transfer to Mainboard from Catalist board - THE EDGE SINGAPORE

Catalist watch

Union Gas has applied to transfer to Mainboard from Catalist board

Shares in Union Gas closed 7.5 cents higher or 8.6% up at 95 cents on May 31.
Union Gas eyes diversification into renewable energy - THE EDGE SINGAPORE

SGX Research Series: 10 in 10

Union Gas eyes diversification into renewable energy

Union Gas' Cnergy fuel station could be converted to provide alternative energy sources such as hydrogen and electricity.

Results

Union Gas reports 76.7% increase in 1H20 net profit to $7 mil due to higher LPG sales

Union Gas has reported a 76.7% y-o-y surge in profits for 1H20 to $7 million, up from $4 million .

M&A

Union Gas to acquire U-Gas, Semgas Supply assets for total $11.6 mil

SINGAPORE (Mar 20): Union Gas Holdings has agreed to acquire the entire issued and paid-up capital of U-Gas from Union Energy Corporation (UEC) for $9.2 million.

Results

Union Gas FY17 earnings fall 11.1% to $4.2 mil on higher admin expenses

SINGAPORE (Feb 27): Union Gas Holdings reported a profit of $4.2 million for the FY17 ended Dec 2017, down 11.1% from $4.7 million a year ago on higher administrative expenses.

IPO

Union Gas IPO 7.2 times subscribed; makes trading debut at 9am

SINGAPORE (July 21): Union Gas Holdings announced that its initial public offering (IPO) on the Catalist board of Singapore Exchange drew strong support from investors with the invitation subscribed 7.2 times.
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