Cheong

UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
April 17, 2026
The lender also flags minimal private credit exposure, and says its balance sheet can absorb Middle East shocks[SINGAPORE] UOB’s S$4.9 billion acquisition of Citigroup’s retail banking businesses in Indonesia,...
Shipbuilder Nam Cheong rises 9.3% on US$19.8 million vessel sale
January 27, 2026
The 11-year-old, 3,000 deadweight tonnage vessel was sold to an Indonesian customer[SINGAPORE] Shares of Nam Cheong rose S$0.10 or 9.3 per cent in intraday trading to hit S$1.18 at...
Nam Cheong sells vessel for US$20.5 million to Vietnam firm
December 24, 2025
The sale is expected to contribute positively to the group’s earnings for the financial year ending 2025[SINGAPORE] Malaysian offshore support vessel builder Nam Cheong will sell a 4,000 deadweight...
Stocks to watch: Manulife US Reit, Nam Cheong
December 24, 2025
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 24): Manulife US Real Estate Investment Trust (Manulife US Reit): The Reit...
How UOB’s Wee Ee Cheong masters the long game
December 22, 2025
WEE Ee Cheong, the third-generation UOB chief, recently posed a question to AI: what will UOB’s market capitalisation be in ten years?The year 2025 marks UOB’s 90th anniversary, and...
UOB’s nearly S$1 billion in extra allowances akin to ‘buying insurance’: CEO Wee Ee Cheong
November 6, 2025
[SINGAPORE] UOB’s decision to increase allowances by almost S$1 billion – which led net profit to tumble by more than two thirds – for the latest quarter is “very...
‘We are a big tanker; we are shifting’: UOB’s Wee Ee Cheong takes long-term view on trade loans
August 7, 2025
[SINGAPORE] Trade loans remain a relatively small portion of UOB’s total portfolio, but their contribution to the bank’s balance sheet is expected to become more visible over time, said...
Wee Ee Cheong raises UOB stake after FY2024 record net profit
February 23, 2025
OVER the five trading sessions from Feb 14 to Feb 20, institutions were net sellers of Singapore stocks, leading to a net institutional outflow of S$217 million, reversing the...