Union Steel Holdings

Union Steel acquires 29.4% stake in Eneco Energy for up to $7.5 mil - THE EDGE SINGAPORE

M&A

Union Steel acquires 29.4% stake in Eneco Energy for up to $7.5 mil

The purchase consideration translates to 1.1 cents per share.

Results

Union Steel reports earnings of $7.0 mil, 27.7% higher y-o-y

Shares in Union Steel closed 3 cents higher or 2.66% up at $1.16 on Feb 7.

Insider moves

Lian Bee Metal increases stake in Union Steel Holdings

The privately-held company acquired 9,000 shares via the market at $10,241.01 in total or $1.14 per share.

Insider moves

Cortina's Lim family raises stake via married deal; substantial shareholder of Union Steel buys more

Cortina cautions that for the current year, growth might soften
Olam shores up with buybacks; Union Steel insiders in the market - THE EDGE SINGAPORE

Insider moves

Olam shores up with buybacks; Union Steel insiders in the market

Olam's shares dropped further it confirmed it has posted bail for a director at its Nigerian subsidiary

Insider moves

Union Steel’s substantial shareholder acquires 6,000 shares in the company at 90 cents each

The acquisition was made via a market transaction on Sept 6.
Rebuilding the construction industry - THE EDGE SINGAPORE

Construction

Rebuilding the construction industry

The construction industry in Singapore so far has painted a mixed picture for construction stocks.

Results

Union Steel improves earnings to $11.1 mil in FY2023

The group's revenue increased by 34% to $107.3 million in FY2023 compared to $80.1 million last year.
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