Union Gas Holdings

Union Gas expands offerings to include EV charging solutions - THE EDGE SINGAPORE

Environmental, Social and Governance

Union Gas expands offerings to include EV charging solutions

Union Gas has signed an MOU with Hong Kong-based charging solutions provider Deltrix Limited.

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

Company in the news

Union Gas to combine two wholly-owned subsidiaries into one

The merger is part of the company's strategy to streamline its organisational structure.

Billion Dollar Club 2022

Straits Trading Company and Golden Energy & Resources ride commodities boom

Straits Trading can claim a history of 135 years and counting

Results

Union Gas reports higher revenue but lower earnings as it held down selling prices to retain and gain market share

The company says remains on the lookout for further diversification and strategic opportunities

M&A

Union Gas shareholders vote in favour of Union Energy Corporation assets acquisition

99.7% votes received were in favour of the proposal.
Union Gas overall winner, transits to Mainboard; ISDN Holdings and China Everbright Water snare respective wins - THE EDGE SINGAPORE

Billion Dollar Club 2021

Union Gas overall winner, transits to Mainboard; ISDN Holdings and China Everbright Water snare respective wins

Union Gas Holdings has achieved the best weighted ROE among its peers in the Centurion Club.
Union Gas signs SPA to acquire assets from Union Energy Corporation for $75 mil - THE EDGE SINGAPORE

M&A

Union Gas signs SPA to acquire assets from Union Energy Corporation for $75 mil

The assets include the entire issued and paid-up share capital for three UEC subsidiaries as well as 71 commercial vehicles.
Union Gas' share price decline of 12.18% triggers SGX query - THE EDGE SINGAPORE

SGX query

Union Gas' share price decline of 12.18% triggers SGX query

Shares in the gas company steadily declined during the day to an intra-day low of 86 cents at certain points.
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