Business
Shipbuilder Nam Cheong rises 9.3% on US$19.8 million vessel sale
The 11-year-old, 3,000 deadweight tonnage vessel was sold to an Indonesian customer Shares of Nam Cheong rose S$0.10 or 9.3 per cent in…
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Cheong
Business
Nam Cheong sells vessel for US$20.5 million to Vietnam firm
The sale is expected to contribute positively to the group’s earnings for the financial year ending 2025 Malaysian offshore support vessel…
Business
Stocks to watch: Manulife US Reit, Nam Cheong
The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 24): Manulife US Real Estate…
Business
How UOB’s Wee Ee Cheong masters the long game
WEE Ee Cheong, the third-generation UOB chief, recently posed a question to AI: what will UOB’s market capitalisation be in ten years? The…
Business
UOB’s nearly S$1 billion in extra allowances akin to ‘buying insurance’: CEO Wee Ee Cheong
UOB’s decision to increase allowances by almost S$1 billion – which led net profit to tumble by more than two thirds – for the latest…
Business
‘We are a big tanker; we are shifting’: UOB’s Wee Ee Cheong takes long-term view on trade loans
Trade loans remain a relatively small portion of UOB’s total portfolio, but their contribution to the bank’s balance sheet is expected to…
Business
UOB not ‘overly alarmed’ by US tariffs as its trade finance lending is mostly intra-regional: Wee Ee Cheong
A strong balance sheet and capital base will help UOB navigate the uncertainties arising from US tariffs, said deputy chairman and chief…
Business
Asean remains attractive amid global trade, supply chain disruptions: UOB CEO Wee Ee Cheong
The Asean region remains an attractive market to do business with, even amid uncertainties due to geopolitical risks and the impact of the…
Business
Stocks to watch: CapitaLand Investment, Keppel DC Reit, Nam Cheong, Kore
The following companies saw new developments that may affect trading of its securities on Thursday (Apr 17). CapitaLand Investment (CLI):…
Business
Nam Cheong bags RM317.1 million in regional vessel charter deals
Sarawak-based offshore marine firm Nam Cheong has secured vessel charter contracts worth up to RM317.1 million (S$94.5 million) from…
Culture
Former HDB chief Cheong Koon Hean joins Surbana Jurong’s board
PROFESSOR Cheong Koon Hean has been appointed as a board member of Surbana Jurong Group (SJ) with immediate effect, announced the urban,…
Business
Hot stock: Nam Cheong jumps 19.2% after RM1.2 billion in contract wins
SHARES of mainboard-listed Nam Cheong surged on Friday (Nov 29) morning, after the group announced that it had bagged offshore support…
Business
UOB looks to take ‘full advantage’ of excess capital by end of this year: CEO Wee Ee Cheong
UOB is actively looking to manage its capital, and hopes it can find ways to take “full advantage” of the excess by the end of this year,…
Business
Share buybacks, more dividends among options to deploy capital: UOB chief Wee Ee Cheong
The bank is open to investing it in growth, or returning it to shareholders through share buybacks or more dividends, he says UOB is…