Latest news with #UOB-KayHianHoldings
Business Times
11-05-2025
- Business
- Business Times
Director filings across financials, real estate and Singapore's largest private dental group
OVER the five trading sessions from May 2 to May 8 institutions were net buyers of Singapore stocks, with net institutional inflow of SS$123 million, adding to the S$56 million of net inflow for the preceding four sessions. This brings the net institutional outflow for the 2025 year to May 8 to S$1.61 billion. Institutional flows Over the five trading sessions through to May 8, the stocks that saw the highest net institutional inflow were Singtel , Singapore Airlines , Keppel , OCBC , Jardine Matheson Holdings , Capitaland Ascendas Reit , Hongkong Land Holdings , Sheng Siong Group , Keppel DC Reit , and Genting Singapore . Meanwhile DBS , UOB , Mapletree Logistics Trust , Yangzijiang Shipbuilding Holdings , Capitaland Integrated Commercial Trust , Venture Corporation , Sats , iFast Corporation , Wilmar International , and Mapletree Industrial Trust led the net institutional outflow over the five sessions. From a sector perspective, telecommunications and industrials experienced the highest net institutional inflow, while financial services and technology again saw the most net institutional outflow. Share buybacks The five sessions through to May 8 saw 14 primary-listed companies make buybacks with a total consideration of S$22.8 million. Director transactions The five trading sessions spanning May 2 through to May 8 saw more than 100 director interests and substantial shareholdings filed for more than 40 primary-listed stocks. Directors or chief executive officers (CEOs) filed 11 acquisitions, and one disposal, while substantial shareholders filed eight acquisitions and three disposals. This included director or CEO acquisitions in Darco Water Technologies , Hong Fok Corporation , the manager of Mapletree Logistics Trust , Nera Telecommunications , Niks Professional , Q & M Dental Group (Singapore), Sheffield Green , Southern Alliance Minin g, UOB , and UOB-Kay Hian Holdings . BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up UOB On May 7, UOB deputy chairman and CEO Wee Ee Cheong acquired 100,000 shares at an average price of S$34.48 per share. This increased his direct interest to 0.36 per cent, and total interest from 10.75 per cent to 10.76 per cent. This followed the group reporting a net profit of S$1.49 billion for its Q1 FY25 driven by broad-based growth, highlighted by record fee income and strong loan growth. Wee highlighted that China-Asean and intra-Asean trade flows continue, driven by growing client demand for hedging and a healthy pipeline of infrastructure financing. He also noted that the group will resume FY25 guidance once the situation stabilises and remains committed to the S$3 billion capital distribution plan. UOB-Kay Hian Holdings On May 2, UOB-Kay Hian Holdings chairman and managing director Wee Ee-Chao purchased 139,753 shares at S$1.80 apiece. This increased his deemed interest from 35.35 per cent to 35.37 per cent. This followed his acquisition of 788,360 shares on Apr 29 at the same price. He has gradually increased his deemed interest in the regional financial services group from 29.49 per cent at the end of 2019. UOB-Kay Hian Holdings' regional distribution footprint now encompasses major financial centres in Singapore, Hong Kong, Thailand, Malaysia, Indonesia, London, New Jersey, and Toronto, while also maintaining a research office in Shanghai and an execution presence in the Philippines. For its FY24 (ended Dec 31), the group achieved attributable net profit of S$224 million, an increase of 32 per cent from FY23. Commission and trading income increased by 26 per cent to S$369 million due to higher commission income from structured products. Meanwhile, interest income decreased 3.4 per cent from S$262 million to S$253 million because of lower interest rates and other operating income increased 32.1 per cent to S$48 million due to increased corporate finance activities. Wee Hur Holdings On May 5, Wee Hur Holdings executive director and deputy managing director Goh Yew Gee disposed of one million shares at an average price of S$0.545 apiece. This reduced his total interest from 2.18 per cent to 2.07 per cent. Goh has maintained this role since September 2007. In January 2009, he was also appointed managing director of the wholly owned subsidiary, Wee Hur Construction. He is responsible for overseeing the overall operation of the construction and dormitory business. FY24 (ended Dec 31) was highly eventful for the group with the PBSA Fund I sale proceeds which delivered a S$0.07 special dividend per share that went ex-dividend on May 8. At its FY24 AGM on Apr 30, Wee Hur Holdings announced that it had been awarded a new Build-To-Order project valued at S$236.4 million. This increased its S$263.3 million orderbook as at end-2024, by as much as 90 per cent. Q & M Dental Between May 2 and 5, Q & M Dental Holdings non-independent executive director and group chief executive officer Ng Chin Siau increased his total interest from 53.02 per cent to 53.17 per cent. The 1.4 million shares were acquired at an average price of S$0.30 apiece. The shares were bought both directly and through Quan Min Holdings. Dr Ng oversees the corporate direction of the group, leading business strategies, policy planning, and development in Singapore, Malaysia, and China. His preceding acquisition via the market was in November 2021. For FY24, Q & M Dental reported total revenue of S$180.7 million, driven by the resilience of its core dental business, which contributed S$173.8 million. The Malaysian dental clinics also saw increased contributions during this period. While total revenue was comparable to FY23, concentration on operational efficiency and cost discipline saw FY24 attributable net profit increase 27 per cent from FY23 to S$14.6 million. For FY25, its strategy focuses on three key areas: regional expansion, and sustainability and ESG (environmental, social and governance). In Singapore, it aims to explore new outlet locations for growth, while in Malaysia, it is looking to expand its dental business, particularly in the Johor-Singapore Special Economic Zone. For its artificial intelligence (AI) and digital transformation strategy, Q & M Dental has been dedicated to developing AI solutions, since November 2018, with the establishment of the EM2AI subsidiary. Looking ahead, Q & M Dental plans to deploy AI-powered dental charting across all its clinics and establish industry-academia partnerships by the end of FY25. In March 2025, it also signed a binding agreement with a major dental solutions provider in South-east Asia, granting them a licence to integrate EM2AI's dental AI solutions into their platform. The group believes that this collaboration will significantly expand EM2AI's reach, enabling it to provide dental AI solutions to over 1,100 clinics across Singapore, Malaysia, Thailand, Vietnam and Australia. Following Q & M Dental's recent increase in its interest in Aoxin Q & M Dental Group (Aoxin) from 33.33 per cent to 50.53 per cent, it has made a mandatory unconditional cash offer to acquire all the shares it does not already own. With an offer of S$0.0321 per share, Q & M Dental says that it is its intention to maintain the present listing status of Aoxin following completion of the offer. Q & M Dental has also recently proposed a secondary listing of the company on the main market of Bursa Malaysia. Hong Fok Corporation On May 6, Hong Fok Corporation executive director and joint CEO Cheong Sim Eng bought 80,000 shares, for a consideration of S$50,345 at an average price of S$0.754 cents per share. He maintains a 20.41 per cent total interest in the property developer. This was his first acquisition since August 2022, when 35,000 shares were bought at S$1.05 cents per share. Prior to that he purchased 43,000 shares at 98.0 cents per share in June 2022. Cheong is principally involved in the group's overall operations and management, with greater emphasis in Singapore and he has over 40 years of experience in the property development business. Looking ahead, Hong Fok Corporation plans for Yotel Singapore Orchard Road to enhance operational efficiency, implement cost-saving measures, and boost guest satisfaction to attract both loyal and new visitors despite economic challenges. The group acknowledges that geopolitical uncertainties make predicting interest rate trends difficult, but a decline in mortgage financing costs could improve affordability and encourage first-time homeowners and upgraders, though foreign demand will remain low due to the Additional Buyer's Stamp Duty. The Singapore office market is expected to see modest growth amid economic uncertainty, with the group focusing on sustainability practices and targeted marketing to retain and attract tenants, ensuring stable rental income. Wing Tai Holdings Wing Tai Holdings chairman and managing director Cheng Wai Keung has increased his deemed interest in the company through shares acquired by his spouse, Helen Chow. Between May 2 and May 8, Cheng's deemed interest in the leading real estate developer and lifestyle retailer rose by 240,000 shares, from 61.65 per cent to 61.69 per cent. Mapletree Logistics Trust On May 8, Mapletree Logistics Trust Management non-executive chairman and director Lee Chong Kwee bought 100,000 units of Mapletree Logistics Trust at S$1.10 per unit. This increased his direct interest in the Reit to 400,000 units. The trust invests in a diversified portfolio of quality logistics real estate in Singapore, Australia, China, Hong Kong, India, Japan, Malaysia, South Korea and Vietnam. Its tenant base includes 934 customers, with about 85 per cent of its revenue coming from tenants serving domestic consumption and around 15 per cent from those engaged in export businesses. The writer is the market strategist at Singapore Exchange (SGX). To read SGX's market research reports, visit
Yahoo
23-04-2025
- Business
- Yahoo
UOB-Kay Hian Holdings (SGX:U10) Will Pay A Larger Dividend Than Last Year At SGD0.119
UOB-Kay Hian Holdings Limited's (SGX:U10) dividend will be increasing from last year's payment of the same period to SGD0.119 on 26th of June. This will take the annual payment to 6.7% of the stock price, which is above what most companies in the industry pay. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. If the payments aren't sustainable, a high yield for a few years won't matter that much. Prior to this announcement, UOB-Kay Hian Holdings' earnings easily covered the dividend, but free cash flows were negative. No cash flows could definitely make returning cash to shareholders difficult, or at least mean the balance sheet will come under pressure. Over the next year, EPS could expand by 23.1% if recent trends continue. Assuming the dividend continues along recent trends, we think the payout ratio could be 44% by next year, which is in a pretty sustainable range. Check out our latest analysis for UOB-Kay Hian Holdings Although the company has a long dividend history, it has been cut at least once in the last 10 years. The annual payment during the last 10 years was SGD0.05 in 2015, and the most recent fiscal year payment was SGD0.119. This means that it has been growing its distributions at 9.1% per annum over that time. We like to see dividends have grown at a reasonable rate, but with at least one substantial cut in the payments, we're not certain this dividend stock would be ideal for someone intending to live on the income. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. UOB-Kay Hian Holdings has seen EPS rising for the last five years, at 23% per annum. The company's earnings per share has grown rapidly in recent years, and it has a good balance between reinvesting and paying dividends to shareholders, so we think that UOB-Kay Hian Holdings could prove to be a strong dividend payer. Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. While UOB-Kay Hian Holdings is earning enough to cover the payments, the cash flows are lacking. This company is not in the top tier of income providing stocks. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Case in point: We've spotted 2 warning signs for UOB-Kay Hian Holdings (of which 1 shouldn't be ignored!) you should know about. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
23-04-2025
- Business
- Yahoo
UOB-Kay Hian Holdings (SGX:U10) Will Pay A Larger Dividend Than Last Year At SGD0.119
UOB-Kay Hian Holdings Limited's (SGX:U10) dividend will be increasing from last year's payment of the same period to SGD0.119 on 26th of June. This will take the annual payment to 6.7% of the stock price, which is above what most companies in the industry pay. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. If the payments aren't sustainable, a high yield for a few years won't matter that much. Prior to this announcement, UOB-Kay Hian Holdings' earnings easily covered the dividend, but free cash flows were negative. No cash flows could definitely make returning cash to shareholders difficult, or at least mean the balance sheet will come under pressure. Over the next year, EPS could expand by 23.1% if recent trends continue. Assuming the dividend continues along recent trends, we think the payout ratio could be 44% by next year, which is in a pretty sustainable range. Check out our latest analysis for UOB-Kay Hian Holdings Although the company has a long dividend history, it has been cut at least once in the last 10 years. The annual payment during the last 10 years was SGD0.05 in 2015, and the most recent fiscal year payment was SGD0.119. This means that it has been growing its distributions at 9.1% per annum over that time. We like to see dividends have grown at a reasonable rate, but with at least one substantial cut in the payments, we're not certain this dividend stock would be ideal for someone intending to live on the income. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. UOB-Kay Hian Holdings has seen EPS rising for the last five years, at 23% per annum. The company's earnings per share has grown rapidly in recent years, and it has a good balance between reinvesting and paying dividends to shareholders, so we think that UOB-Kay Hian Holdings could prove to be a strong dividend payer. Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. While UOB-Kay Hian Holdings is earning enough to cover the payments, the cash flows are lacking. This company is not in the top tier of income providing stocks. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Case in point: We've spotted 2 warning signs for UOB-Kay Hian Holdings (of which 1 shouldn't be ignored!) you should know about. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
