Wong Ngit Liong

Venture’s second-largest shareholder Ameriprise trims stake; Silchester emerges as substantial shareholder - THE EDGE SINGAPORE

Insider moves

Venture’s second-largest shareholder Ameriprise trims stake; Silchester emerges as substantial shareholder

Silchester, Venture's fourth largest shareholder, is also the largest shareholder of ComfortDelGro
Venture Corp’s Wong raises stake just before stepping down as CEO - THE EDGE SINGAPORE

Insider moves

Venture Corp’s Wong raises stake just before stepping down as CEO

Wong, who will remain as executive chairman, will be succeeded as CEO by Lee Ghai Keen, the current COO.

Broker's Calls

Venture Corp's target price hiked by $5.53 on expectations of a stronger 2H

SINGAPORE (Oct 12): OCBC Research is maintaining its “buy” recommendation on Venture Corporation while raising its fair value estimate to $20.33 from $14.80 to factor in a stronger 2H for the group’s FY17 earnings.
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