Oiltek May Benefit From Proposed Secondary Listing in Malaysia -- Market Talk

Dow Jones

Jul 24, 2025

0146 GMT - Oiltek International stands to benefit from its proposed secondary listing in Malaysia, UOB Kay Hian analysts say in a report. The Singapore-listed company aims to enhance its visibility and accessibility among Malaysian investors, especially given its strong operational footprint in the country, the analysts say. The proposed listing is likely to diversify the renewable energy equipment provider's investor base, increase trading liquidity and provide greater flexibility for capital-raising initiatives. The brokerage raises the stock's target price to S$0.86 from S$0.80 based on revised 29X 2026 price-to-earnings versus 27X previously. It maintains a buy rating. Shares are 1.2% higher at S$0.835. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

July 23, 2025 21:46 ET (01:46 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2553149227"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2553149227\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2553149227?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-24 09:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2553149227","market":"other","top_or_hot":-1,"title":"Oiltek May Benefit From Proposed Secondary Listing in Malaysia -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0146 GMT - <a href=\"https://laohu8.com/S/HQU.SI\">Oiltek</a> International stands to benefit from its proposed secondary listing in Malaysia, <a href=\"https://laohu8.com/S/U10.SI\">UOB Kay Hian</a> analysts say in a report. The Singapore-listed company aims to enhance its visibility and accessibility among Malaysian investors, especially given its strong operational footprint in the country, the analysts say. The proposed listing is likely to diversify the renewable energy equipment provider's investor base, increase trading liquidity and provide greater flexibility for capital-raising initiatives. The brokerage raises the stock's target price to S$0.86 from S$0.80 based on revised 29X 2026 price-to-earnings versus 27X previously. It maintains a buy rating. Shares are 1.2% higher at S$0.835. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2025 21:46 ET (01:46 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oiltek May Benefit From Proposed Secondary Listing in Malaysia -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOiltek May Benefit From Proposed Secondary Listing in Malaysia -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-24 09:46</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0146 GMT - <a href=\"https://laohu8.com/S/HQU.SI\">Oiltek</a> International stands to benefit from its proposed secondary listing in Malaysia, <a href=\"https://laohu8.com/S/U10.SI\">UOB Kay Hian</a> analysts say in a report. The Singapore-listed company aims to enhance its visibility and accessibility among Malaysian investors, especially given its strong operational footprint in the country, the analysts say. The proposed listing is likely to diversify the renewable energy equipment provider's investor base, increase trading liquidity and provide greater flexibility for capital-raising initiatives. The brokerage raises the stock's target price to S$0.86 from S$0.80 based on revised 29X 2026 price-to-earnings versus 27X previously. It maintains a buy rating. Shares are 1.2% higher at S$0.835. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2025 21:46 ET (01:46 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HQU.SI","symbol_name":"Oiltek","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2553149227","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2553149227","pubTimestamp":1753321560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0146 GMT - Oiltek International stands to benefit from its proposed secondary listing in Malaysia, UOB Kay Hian analysts say in a report. The Singapore-listed company aims to enhance its visibility and accessibility among Malaysian investors, especially given its strong operational footprint in the country, the analysts say. The proposed listing is likely to diversify the renewable energy equipment provider's investor base, increase trading liquidity and provide greater flexibility for capital-raising initiatives. The brokerage raises the stock's target price to S$0.86 from S$0.80 based on revised 29X 2026 price-to-earnings versus 27X previously. It maintains a buy rating. Shares are 1.2% higher at S$0.835. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HQU.SI":"Oiltek"},"translate_title":"Oiltek可能受益于马来西亚二次上市的提议——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HQU.SI":1},"content_text":"0146 GMT - Oiltek International stands to benefit from its proposed secondary listing in Malaysia, UOB Kay Hian analysts say in a report. The Singapore-listed company aims to enhance its visibility and accessibility among Malaysian investors, especially given its strong operational footprint in the country, the analysts say. The proposed listing is likely to diversify the renewable energy equipment provider's investor base, increase trading liquidity and provide greater flexibility for capital-raising initiatives. The brokerage raises the stock's target price to S$0.86 from S$0.80 based on revised 29X 2026 price-to-earnings versus 27X previously. It maintains a buy rating. Shares are 1.2% higher at S$0.835. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 23, 2025 21:46 ET (01:46 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}