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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.
December 28, 2023
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
August 14, 2023
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,
December 08, 2022
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.
September 10, 2021
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.
May 31, 2021
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.
May 07, 2021
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 .
August 13, 2020
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.
March 20, 2018
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.
February 27, 2018
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.
July 21, 2017