PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: OUE Limited (OUE SP) expects “material variances” between its unaudited interim financial statements for FY 2025 and its audited statements due for release soon
TAIWAN
Ennoconn Corp (6414 TT) - Co. said it expects first-quarter revenue to remain flat from TWD 34.47bln a year earlier, as geopolitical uncertainties and sharp fluctuations in memory supply and prices are likely to defer some orders to the second and third quarters. (Taipei Times)
SINGAPORE
OUE Limited (OUE SP) - Co. expects “material variances” between its unaudited interim financial statements for the financial year ended December 2025, released on Feb 27, and its audited financial statements, which will be released in due course. (Business Times)
OUE Limited's expectation of "material variances" between its unaudited and audited financial statements for FY 2025 raises concerns regarding the accuracy and reliability of its financial reporting. This could lead to increased scrutiny from investors and regulators, potentially impacting its stock price and market perception. Geopolitical uncertainties affecting Ennoconn Corp further underscore the volatile environment for companies in the region, which could affect investor sentiment broadly in the Asian markets.