STI registers first gain in five sessions, up 0.4% on Tuesday

3 Mar 2020 - The Business Times
SINGAPORE equities registered their first positive closing in five sessions as sentiment improved due to expectations of support measures by central banks to curb the economic fallout from the Covid-19 outbreak. On Tuesday, the Straits Times Index (STI) ended 11.84 points or 0.4 per cent higher at 3,019.56. ...
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Brokers' take: Frencken's improved margins to continue in FY2020

2 Mar 2020 - The Business Times
ANALYSTS expect Frencken Group's improved margins to be sustained after the semiconductor play reported FY2019 net profit that came in 19 per cent above Bloomberg consensus estimates. Last Thursday after market close, Frencken reported a 1 per cent increase in Q4 net profit to S$11.2 million. But core ...
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CloserStill Media launches Green World Asia, a sustainability-focused platform for business

27 Feb 2020 - ACN Newswire
CloserStill Media is launching a new B2B event, Green World Asia, that will connect sustainability-driven innovations to senior decision-makers and their procurement chains from various industries. The show will focus on four key pillars across the exhibition showcase and conference programme: Utilities, ...
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Brokers' take: Analysts see strong demand for gloves lifting Riverstone FY20 earnings

27 Feb 2020 - The Business Times
RESEARCH houses remain bullish on their FY2020 outlook for Riverstone Holdings, which is set to benefit from strong demand for healthcare and cleanroom gloves amid the Covid-19 outbreak. In a Wednesday report, CGS-CIMB analyst Ong Khang Chuen wrote: "We believe the spike in global healthcare glove demand ...
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Brokers' take: Analysts cut target prices for DBS on expectations of weaker FY20

14 Feb 2020 - The Business Times
ANALYSTS this week lowered their price targets on DBS Group, which may signal similar cuts in target prices for Singapore's other two banks after they report financial results next week. DBS on Thursday said it expects a 1-2 per cent dip in revenue this year amid the novel coronavirus (Covid-19) outbreak. ...
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Broker's take: UOB Kay Hian re-initiates coverage on Wing Tai with 'buy'

13 Feb 2020 - The Business Times
VIEWING Wing Tai Holdings as a "late-cycle economy play", UOB Kay Hian has re-initiated coverage on the mainboard-listed company with a "buy" recommendation and target price of S$2.54. As at 3.05pm, shares in the property developer which also has a lifestyle retail business were trading S$0.01 or 0.5 ...
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S-Cube Smartboard with UC.NOW Meeting Software Launched for 'Work-At-Home' & 'Minimal In-Person Meetings' Needs

12 Feb 2020 - ACN Newswire
Hong Kong-based software developer UC NOW Communication Limited and audio visual computing equipment provider S-Cube today announced the launch of their collaboration: an upgraded version of Model UP inclusive of UC.NOW online communication & collaboration software."While the timing of this new product ...
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Three Garden Road Becomes First Existing Building Awarded with WELL Certification at Platinum Level in Hong Kong

10 Feb 2020 - ACN Newswire
Three Garden Road, one of the two landmark properties owned by Champion Real Estate Investment Trust ("Champion REIT"; stock code: 2778), has received WELL Core Certification at Platinum level under the WELL Building Standard by the International WELL Building InstituteTM ("IWBITM"), making it the first ...
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Financial Reporting Amidst the Coronavirus Outbreak

7 Feb 2020 - ACN Newswire
The Hong Kong Institute of Directors (HKIoD) calls on listed company directors to faithfully discharge their duty as they tackle financial reporting tasks amidst the outbreak.On 4 February, the Securities and Futures Commission and the Stock Exchange of Hong Kong issued a Joint Statement in relation ...
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Coronavirus Hastened WiseSpot's Adoption of UC.NOW Online Interview Tool To Cope With Their 2020 Recruitment Peak Season

5 Feb 2020 - ACN Newswire
Doing their part to prevent the spread of the coronavirus in Hong Kong, WiseSpot Company Limited today announced that they have begun using UC Now Communication Limited's UC.NOW real-time communication & collaboration software as their online interview platform since after the CNY public holidays. ...
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