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Smart Reads of the Week: Sheng Siong, Sembcorp Marine and Special Dividends from Blue-Chip Stocks
By The Smart Investor  •  March 11, 2023
This week, we end the earnings season by reviewing the financial results of Sheng Siong (SGX: OV8). The retailer continues to expand its presence in the heartland and is determined to increase its number of stores moving forward. Meanwhile, Sembcorp Marine (SGX: S51) is looking at a brighter future as it completes its acquisition of Keppel Corporation Limited’s (SGX: BN4) offshore and marine division. We dig deeper into whether the enlarged Sembcorp Marine can pull off a turnaround. Elsewhere, we throw the spotlight on the recent spate of special dividend declarations by several blue-chip stocks. Such dividends may signal better prospects for these businesses in the year ahead. Here is a list of our top articles for this week.
  1. Sheng Siong Pays Out a 2022 Dividend of S$0.0622: 5 Highlights from the Retailer’s Latest Earnings
We take a look at Sheng Siong’s latest earnings and tease out several growth drivers for its business....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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