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Yao Hsiao Tung
STI watch
STI up 0.05% despite November NODX decline
As at the mid-day break, the index was trading at 2,843.01, down 0.2% from Friday’s (Dec 18) close of 2,848.98.
December 21, 2020
Company in the news
Hi-P chairman Yao and wife Wong offers $2 per share to privatise company
The couple, who already hold 83.5% of the company, do not intend to revise the offer.
December 18, 2020
Broker's Calls
Maybank KE cuts Hi-P to 'sell' after share price run-up
SINGAPORE (April 9): Maybank Kim Eng is downgrading its call on Hi-P International to “sell” from “hold” previously with an unchanged price target of $1.22, which is based on 1.5 times FY19E price-to-book value.
April 09, 2019
Tech
How a 77-year-old Singapore CEO fixed a US$100 mil blunder
SINGAPORE (Dec 20): In 2015, Yao Hsiao Tung was 75 and looking to slow down. He’d begun seeking his successor as chief executive officer of Hi-P International Ltd., a contract manufacturer for customers including Apple Inc. and Amazon.com Inc. But an an
December 20, 2017