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Apr 25, 2024 | 
sg.finance.yahoo.com | Bryan Wu
Bryan Wu25 April 2024 at 10:40 pm·3-min readThe REIT manager first announced the dividend stopper provisions in March 2023, declaring no DPU until certain conditions are met. Lippo Malls Indonesia Retail Trust (LMIRT) D5IU will not be paying any distributions per unit (DPU) for its 1QFY2024 ended March 31, the fifth consecutive quarter in which LMIRT will not be paying distributions to holders of its $140 million perpetual securities.
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Apr 25, 2024 | 
sg.finance.yahoo.com | Bryan Wu
Bryan Wu25 April 2024 at 10:15 pm·2-min readThe company hopes increased access to diversified investors will boost its European presence in the global gaming industry. Winking Studios WKS has proposed a secondary listing on the London Stock Exchange’s (LSE) sub-market AIM to boost its European presence in the global gaming industry.
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Apr 25, 2024 | 
sg.finance.yahoo.com | Bryan Wu
The Edge SingaporeWinking Studios eyes secondary listing on London Stock Exchange's AIMThe company hopes increased access to diversified investors will boost its European presence in the global gaming industry.
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Apr 25, 2024 | 
sg.finance.yahoo.com | Bryan Wu
Bryan Wu25 April 2024 at 12:05 am·2-min readHigher 1QFY2024 revenue was supported an increase in same store sales and a longer sales period before the Chinese New Year. Sheng Siong Group OV8 has reported earnings of $36.3 million for the 1QFY2024 ended March 31, 9.3% higher y-o-y. Revenue for 1QFY2024 increased by 5.5% y-o-y to $376.2 million, while the group’s net profit margin (NPM) increased 0.3 percentage points (ppts) y-o-y to 9.7%.
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Apr 24, 2024 | 
sg.finance.yahoo.com | Bryan Wu
Bryan Wu, The Edge Singapore 24 April 2024 at 10:49 am·1-min read Or:Toh Wat: This sizable contract from LTA is an endorsement of our strong capabilities; It brings our order book to a record high, underscoring our growth trajectory (Photo: Samuel Isaac Chua/EdgeProp Singapore) Eng Lam Contractors Co, a wholly-owned subsidiary of OKP Holdings, has secured a contract worth approximately $92.9 million from the Land Transport Authority (LTA) for the construction of new cycling path networks...
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Apr 22, 2024 | 
sg.finance.yahoo.com | Bryan Wu
Bryan Wu22 April 2024 at 10:04 pm·1-min readThe new contracts bring the group’s order book to approximately $685 million. Soilbuild Construction S7P has announced the award of new contracts worth $81 million through its subsidiaries on April 23. SB Procurement, a wholly-owned subsidiary of Soilbuild, has been awarded a construction contract for the building of a 5-storey transportation hub in Ubi.
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Apr 22, 2024 | 
sg.finance.yahoo.com | Bryan Wu
Bryan Wu22 April 2024 at 8:56 pm·1-min readThe acquisition is not expected to have any material impact on BRC's net tangible assets or the earnings per share for FY2024. BRC Asia BEC has announced its proposed acquisition of 19.9% of the entire issued and paid-up share capital of Angkasa Daehan Steel for an initial consideration of $16.1 million. On April 23, the company entered into a conditional sale and purchase agreement (SPA) with Daehan Steel and LTC Corporation.
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Apr 22, 2024 | 
sg.finance.yahoo.com | Bryan Wu
Bryan Wu21 April 2024 at 9:50 pm·1-min readLHN sells 20% of GSM Building to Oxley's ChingColiwoo (TK), a subsidiary of LHN, is in the process of acquiring GSM Building, through public tender. The acquisition is expected to be completed on May 9. On April 22, LHN entered into a sale and purchase agreement with Macritchie Developments. Under this agreement, Coliwoo Holdings will sell 20% of GSM Building to Macritchie Developments.
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Apr 21, 2024 | 
sg.finance.yahoo.com | Bryan Wu
Bryan Wu21 April 2024 at 9:51 pm·2-min readThe proposed disposal will also result in a profit on disposal of approximately $2.1 million. OneFortune Holdings, a wholly-owned subsidiary of OneApex 5SY, has proposed the disposal of its entire 30% issued and paid-up share capital in Tuas Seatown Dormitory for a total consideration of $5.2 million. On April 22, OneFortune entered into a sale and purchase agreement with investment holding company Amwich.
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Apr 21, 2024 | 
sg.finance.yahoo.com | Bryan Wu
Bryan Wu21 April 2024 at 10:18 pm·2-min readThe REIT's portfolio occupancy for the quarter ended March 31 was 1.1 ppt lower y-o-y and 0.9 ppt lower q-o-q. The manager of CapitaLand Ascendas REIT A17U (CLAR) has reported a portfolio occupancy of 93.3% for the 1QFY2024 ended March 31, 1.1 percentage points (ppt) lower y-o-y and down 0.9 ppt q-o-q.
