Yongnam Holdings

HG Metal and Yongnam- A day of contrasting fortunes for two construction plays

We previously wrote separate reports on HG Metal and Yongnam highlighting recent developments that shareholders of the respective companies should look out for. Coincidentally, last Friday (8 September 17) turned out to be a day of contrasting fortunes for both groups. HG Metal- value to be unlocked from proposed BRC Asia stake sale​In our previous […]

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Yongnam Holdings Ltd- All eyes on mega MRT depot project

Not too many things have been going right for Yongnam Holdings Ltd (“Yongnam”) over the past few years with seemingly one bad news after another. For instance, it announced on 31 May 17 that it had recorded 3 consecutive years of losses and only avoided being placed on SGX’s watchlist by virtue of its larger

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