Kimly posts S$5m profit in Q4

COFFEE shop operator Kimly Limited reported a net profit of S$4.98 million attributable to owners of the company for the fourth quarter ended Sept 30, up from S$2.5 million a year ago.

Kimly posts S$5m Q4 profit on higher revenue

COFFEE shop operator Kimly Limited reported S$4.98 million of net profit attributable to owners of the company for the fourth quarter ended Sept 30, up from S$2.5 million a year ago.

Centurion obtains nod for dual listing from Hong Kong stock exchange

CENTURION Corporation Limited said it has obtained an approval-in-principle from the Hong Kong stock exchange for the dual listing of it shares on Friday.

Z-Obee to delist from SGX on Nov 28

MOBILE handsets solution provider Z-Obee Holdings announced that its shares will be delisted from the Singapore Exchange (SGX) with effect from Nov 28.

JUMBO posts 6.7% drop in FY profit

JUMBO Group Limited reported a 6.7 per cent drop in net profit for the full year ended Sept 30 to S$14.47 million as higher expenses and lower other income offset the rise in revenue.

United Food agrees to sell unit for 75m yuan

SOYABEAN products and animal feed supplier United Food Holdings has inked a sale and purchase agreement to sell Post-Ante Trading for 75 million yuan (S$15.28 million).

Keppel Land in JV to build two luxury condos in Bangkok's CBD

KEPPEL Land Limited, the property arm of Keppel Corporation, has entered into a joint venture with Thai property developer KPN LAND Co Ltd to develop two premium condominium projects in Bangkok's CBD...

Overwhelming response to MindChamps IPO

MINDCHAMPS PreSchool Limited, the largest operator and franchiser of premium preschool centres in Singapore, said its initial public offer (IPO) was met with strong demand from both institutional and retail investors.

ThaiBev FY profit up 38.5%

THAI Beverage reported net profit of 34.7 billion baht (S$1.43 billion) for the 12 months ended Sept 30, a 38.5 per cent jump from the same period last year.

Ascendas India Trust in deal to acquire six warehouses for 5.34b rupees

ASCENDAS India Trust (a-iTrust) has agreed to acquire six warehouses from Arshiya Limited for 5.34 billion rupees (S$112.5 million).

MindChamps' invitation shares see 21.4 times subscription

MINDCHAMPS PreSchool Limited, the largest operator and franchisor of premium preschool centres in Singapore, said its initial public offer (IPO) was met with strong demand from both institutional and retail investors.

ThaiBev posts 38.5% year-on-year jump in full-year profit

THAI Beverage reported net profit of 34.7 billion baht (S$1.4 billion) for the 12 months ended Sept 30, a 38.5 per cent jump from the same period last year.

Subcontractor makes statutory demand against Acesian Partners' unit

A WHOLLY owned unit of Catalist-listed Acesian Partners has received a statutory demand from the solicitors of Unitex Engineering Pte Ltd to pay the latter S$1.55 million plus all accruing interest.

Keppel Land in JV to develop two premium condominium projects in Bangkok's CBD

KEPPEL Land Limited, the property arm of Keppel Corporation, has entered into a joint venture with Thai property developer KPN LAND Co Ltd to develop two premium condominium projects in Bangkok's CBD...
BT EXCLUSIVE

Developers 'in two main camps over how much to bid for land'

ARE developers too aggressive in bidding up land prices in Singapore? It may well depend on who you ask. A new study on winning bids this year has tossed up a contrarian view on their bidding behaviour, with more than half of the winning bids regarded as "measured"...

LHN warns of lower profit for fiscal 2017

LHN Limited issued a profit warning on Wednesday, saying its profit before tax for fiscal 2017 ended Sept 30 is expected to be significantly lower compared to a year ago.

AA Reit raises gross S$55m from private placement at S$1.305 per new unit

AIMS AMP Capital Industrial Reit (AA Reit) has raised gross proceeds of about S$55 million through a private placement of 42.145 million new units at S$1.305 apiece.

Acromec warns of further losses for FY2017

ACROMEC Limited flagged on Wednesday that it is expected to incur further losses in fiscal 2017, following the reported losses for the half year ended March 31.

Leadership appointments at Rowsley to beef up core design and engineering business

A NEW slate of leadership appointments was announced by Rowsley Ltd on Wednesday in a move to strengthen its core business in design and engineering business.

Chip Eng Seng unit to acquire two properties in South Perth via joint venture

CHIP Eng Seng Corporation Ltd has agreed to acquire two adjoining properties in South Perth in Australia through a joint venture, with plans to redevelop them into a mixed-use development.

Mary Chia says unit will not appeal against dismissal order

MARY Chia Holdings Limited announced on Wednesday that its wholly owned subsidiary Mary Chia Beauty & Slimming Specialist Pte Ltd (MCBSS) will not be proceeding with a further appeal against the court's decision on its dismissal order...

UOL makes mandatory offer for SingLand as stake in UIC crosses 50%

UOL Group Limited has announced a mandatory unconditional cash offer for all the shares in Singapore Land (SingLand) that it does not already own, at S$11.85 apiece in cash.

Gallant Venture to issue S$68.2m of new shares

GALLANT Venture Ltd has entered into subscription agreements with three investors, who have agreed to subscribe for 513.045 million new shares for S$68.235 million or 13.3 Singapore cents apiece.

AA Reit launches private placement to raise at least S$50m in gross proceeds

AIMS AMP Capital Industrial Reit (AA Reit) has launched a private placement exercise to raise gross proceeds of at least S$50 million.

UOL announces mandatory offer for remaining shares in SingLand

UOL Group Limited announced a mandatory unconditional cash offer for all the shares in Singapore Land (SingLand) that it does not already own at S$11.85 apiece in cash.