Andrea Choong, CGS-CIMB

Andrea Choong, CGS-CIMB

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20 January 2022
Companies to Watch: UOB's first hefty M&A in 16 years!
UOB has agreed to pay about S$4.9 billion to buy consumer assets of Citigroup in Indonesia, Malaysia, Thailand and Vietnam. This is a deal that could see UOB almost double its retail customers to about 5.3 million. Andrea Choong, Equity Research Analyst, CGS-CIMB shares why UOB is confidently scaling up its business in 4 key regional markets at one go and what long-term potential they see in Southeast Asia.

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Listen to her previous podcasts:

9 September 2021
Companies to Watch: SGX’s Spac-tacular Debut
Singapore’s stock exchange recently launched new rules allowing SPACs to list, a move it hopes will draw more firms to raise funds here amid an IPO market that has been stagnant for years. Andrea Choong, Analyst, CGS-CIMB shares the driving factor behind SGX's decision allowing SPACs to list now and how much of a boost it will be for the SGX amid intensifying competition for listings globally.

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