cse global
CSE Global shares close 4% up, after hitting 19-year intraday high on ‘strategic review’
Review includes ‘possible transactions involving the company’s shares and/or all or part of the company’s business and assets’
CSE Global undergoes strategic review after request from controlling shareholder Heliconia Capital Management
It is weighing options including potential transactions involving its shares, or all or part of its business and assets
CSE Global H2 profit surges 87.1% to S$21.2 million on electrification segment growth
A final dividend of S$0.0146 per share has been proposed
CSE Global shares close 7% higher on positive Q4 order wins
The company also hit S$1 billion in new orders in FY2025 – a record high
CSE Global’s Q4 orders more than double to S$514.7 million on US electrification demand
The group bagged a record high of S$1 billion in new orders in FY2025
CSE Global bags three electrification contracts valued at US$124.6 million
Contracts are for the design and manufacture of power distribution centres, and the integration of electrical and control systems and equipment
CSE Global’s Q3 revenue swells 20.5% but order book shrinks
Its order intake is weighed down by a lack of major projects and unrepeated orders from the same year-ago period
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5 billion spending target; soars 6.6% to 10-year high
Each warrant can be converted to one CSE share at an exercise price of S$0.7671
Newly launched iEdge Singapore Next 50 Index posts 18% return in H2 to date
Average daily turnover for these stocks hits S$165 million in the year to Nov 4
CSE Global H1 earnings up 8.5% at S$16.3 million, boosted by growth of communications business
However, its order book for H1 fell by 17.1 per cent to S$573.8 million compared to a year ago.