Yongnam

Broker's Calls

CIMB keeps Yongnam at 'add' on anticipation of contract wins

SINGAPORE (Mar 16): CIMB is maintaining its “add” call on Yongnam Holdings with a target price of 57 cents.

Broker's Calls

Yongnam kept at 'add' as year looks rosy with order wins

SINGAPORE (Feb 2): Yongnam on Thursday announced that it has kickstarted 2018 with four contract wins for projects in Singapore that are worth a total of $22.9 million.

Results

Yongnam swings into $4.1 mil loss in 2Q

SINGAPORE (Aug 14): Yongnam, the steel fabrication company, announced a 2Q17 loss of $4.1 million compared to earnings of $156,000 the previous year.

Selling Yongnam after stock makes substantial gains

(Aug 7): There are early signs that a recovery in the local construction sector is underway. Quite a few construction and engineering companies have announced new contracts, and some are even reporting better numbers.
Yongnam Holdings

Yongnam says rights issue only 68.8% subscribed

SINGAPORE (July 1): Yongnam Holdings has received applications for 109 million rights shares at the close of its rights issue on June 28.
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