External broker reports(aggregated public sources), KGI Securities Singapore

KGI Securities

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External broker reports(aggregated public sources)

KGI Securities Singapore

We are a pioneer Securities & Derivatives, Trading and Clearing Member of Singapore Exchange as well as a pioneer member of ICE Futures Singapore & ICE Clear Singapore. We offer our valued clients round the clock (24 hour) single-touch point for multi-asset clients and 24 hour high-touch desk for global products. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Ever Glory United Holdings  / Equity Bottom-Up

<ul><li>Company Update:17 December 2025 From niche contractor to integrated platform. Ever Glory United (EGU) has transformed from a mid-sized M&amp;E contractor into a diversified engineering group through two strategic acquisitions: Fire-Guard Engineering (February 2024) and Guthrie Engineering (GE) (July 2025).</li><li>The Guthrie transaction represents a significant milestone, adding S$312mn in orderbook and access to landmark projects previously beyond reach.</li><li>The combined entity now possesses the technical depth, licensing breadth, and track record to compete for Singapore’s largest infrastructure tenders.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Company Update:17 December 2025 From niche contractor to integrated platform. Ever Glory United (EGU) has transformed from a mid-sized M&amp;E contractor into a diversified engineering group through two strategic acquisitions: Fire-Guard Engineering (February 2024) and Guthrie Engineering (GE) (July 2025).The Guthrie transaction represents a significant milestone, adding S$312mn in orderbook and access to landmark projects previously beyond reach.The combined entity now possesses the technical depth, licensing breadth, and track record to compete for Singapore’s largest infrastructure tenders.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Ever Glory United Holdings Ltd (EGUH SP/ZKX.SI): Building Scale Through Strategic Acquisitions