In today’s briefing:
- Keppel: Study on Disclosure (Report 1)
- Dyna-Mac (DMHL SP): Hanwha’s Final Offer Could Get the Deal Done
- 10 in 10 – CNMC Goldmine Holdings – Mining more Gold
Keppel: Study on Disclosure (Report 1)
- Keppel Ltd, once renowned for its offshore marine and real estate businesses, is undertaking a fundamental transformation to become a global asset manager with S$200bn in funds under management (FUM) by 2030.
- It is unprecedented for an industrial operator to successfully transform into an asset manager of such scale.
- As such, close attention ought to be given to the progress and prospects of Keppel’s transformation.
Dyna-Mac (DMHL SP): Hanwha’s Final Offer Could Get the Deal Done
- Dyna Mac Holdings (DMHL SP) disclosed a revised conditional offer from Hanwha Aerospace (012450 KS) and Hanwha Ocean (042660 KS) at S$0.67, an 11.7% premium to the initial S$0.60 offer.
- The Estate (largest shareholder) stated that the previous S$0.60 offer was not compelling. The final offer addresses most of the Estate’s valuation concerns.
- The Estate’s view and IFA opinion in the circular (despatched by 23 October) will be crucial to the acceptance rate. They are likely to support the final offer.
10 in 10 – CNMC Goldmine Holdings – Mining more Gold
- 10 Questions for CNMC Goldmine Holdings What is CNMC Goldmine’s business about and what are some of its key business segments? Our flagship project, the Sokor Gold Field, spans 10 square kilometers and has been producing gold for more than a decade.
- Given that a large portion of CNMC Goldmine’s revenue is tied to gold prices, how does the Group manage the potential volatility?.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
