CUBICLE FILES

When the tech gets tough, go back to basics

I MAY be a Millennial, but I can see why older workers want to throw their hands up in despair sometimes. All that talk about disruptions, robotics and artificial intelligence (AI) - you might as well be talking in code. Literally. Traditional methods of working that they have known for decades are...

Lum Chang posts Q3 net profit of S$4.15m

LUM Chang posted a net profit of S$4.15 million for its third quarter ended March 31, a 40 per cent decline from a year ago, mainly due to a fall in share of profits of associated companies and losses from joint ventures, as well as increased cost of sales.

Food Empire's Q1 net profit up 58.8%

FOOD Empire Holdings posted a net profit of US$6.31 million for its first quarter ended March 31, 2017, up 58.8 per cent from a year ago.
TOP STORY

Serving up new dishes

Food and beverage companies are transforming their business models to keep up with a changing environment and demanding consumers.
TOWKAYS

Stepping up to the plate

Sisters Bernadette and Bonnie Wong behind Creative Eateries Group may look glam, but they have no qualms about getting their hands dirty as the second-generation leadership in the F&B business. ...

Atlantic Navigation, South Korea's Oceanus bag US$45.2m project

A CONSORTIUM consisting of Atlantic Navigation Holdings' subsidiary Atlantic Ship Management, and Oceanus Co Ltd Korea c/o Oceanus Co Ltd Abu Dhabi - in which Atlantic Navigation Holdings has a 49 per cent interest - had been awarded a US$45.2 million project for the purchase and removal of...

SMEs going abroad via 'private' path

VENTURING abroad may sound like the logical next step for small and medium enterprises (SMEs) to take their business to the next level, but it is easier said than done.
CUBICLE FILES

Disrupt your own job before it's too late

ROGER Grant thought he had it made when he landed a job as an IT manager in Nokia back in 1996. At that time, IT and Nokia were on the ascent. At the age of 23, Mr Grant was paid more than his father to, in his own words, "basically hook up printers to networks". ...

CRCT posts Q1 DPU of 2.74 S cents, up 1.1%; net property income rises 9.8%

CAPITALAND Retail China Trust (CRCT) announced on Friday that its distribution per unit (DPU) for its first quarter ended March 31 was 2.74 Singapore cents, up 1.1 per cent from a year ago.

GL's Q3 net profit 26% higher at US$4.4 million

PROPERTY group GL Limited, formerly known as GuocoLeisure, posted a net profit of US$4.4 million for its third quarter ended March 31, an increase of 26 per cent from a year before.

Lion Asiapac issues profit guidance

LION Asiapac Limited issued a profit guidance in respect of its unaudited financial results for the third quarter and nine months ended March 31, 2017, which is expected to be released in the middle of May 2017.

BreadTalk unit injects additional capital into Thai joint venture

BREADTALK Group's indirect 49 per cent owned subsidiary, BreadTalk (Thailand) Company Limited together with its joint venture partner, The Minor Food Group Public Company Limited, have injected additional capital of 50 million baht (S$2 million) in the joint venture company, BTM (Thailand) Ltd...

CapitaLand Retail China Trust Q1 DPU up 1.1%

CAPITALAND Retail China Trust (CRCT) announced on Friday that its distribution per unit (DPU) for its first quarter ended March 31 was 2.74 Singapore cents, up 1.1 per cent from a year ago.

GL Limited's Q3 net profit up, but revenue slides

PROPERTY group GL Limited, formerly known as GuocoLeisure, posted a net profit of US$4.4 million for its third quarter ended March 31, an increase of 29 per cent from a year before.

TIH Limited says discussions involving a change of control are still ongoing

TIH Limited updated shareholders on Friday that the discussions on a potential transaction involving a change of control of the company are still ongoing, and that there is no certainty or assurance that these discussions will result in any transaction.

Singtel's subsidiaries sign agreements for S$4.1 billion of credit facilities

SINGTEL Group's subsidiaries entered into agreements for total credit facilities of approximately S$4.1 billion for general corporate purposes and refinancing of existing facilities...

GuocoLand Q3 profit up on higher sales, progressive revenue recognition

PROPERTY developer GuocoLand Limited posted a net profit of S$29.57 million for its third quarter ended March 31, 2017, up from S$11.31 million a year ago, in part due to movements in foreign exchange and fair value changes on foreign exchange hedges.

AsiaMedic to acquire LuyeEllium Healthcare for S$42.2 million

ASIAMEDIC has entered into a conditional sale and purchase agreement with the shareholders of LuyeEllium Healthcare to acquire the company for S$42.2 million.

Maxi-Cash Financial Services announces launch and pricing of notes

MAXI-Cash Financial Services Corporation announced the launch and pricing of its S$50 million 5.5 per cent notes due 2020 to be issued under its S$300 million Multicurrency Medium Term Note Programme.

Cache Logistics Trust's Q1 DPU down 11.7%

CACHE Logistics Trust's distribution per unit fell 11.7 per cent to 1.8 Singapore cents for its first quarter ended March 31...

GuocoLand Limited Q3 net profit, revenue up

DEVELOPER GuocoLand Limited posted a net profit of S$29.57 million for its third quarter for the period ended March 31, 2017, up from S$11.31 million a year ago, in part due to movements in foreign exchange and fair value changes on foreign exchange hedges.

Cacola Furniture International responds to SGX queries

Cacola Furniture International Limited responded to queries by the Singapore Exchange (SGX) on the resignation of executive chairman and director, Chow Tat Ming Henry, before the company's imminent delisting...

IHC announces AGM, Q1 financial statement dates

INTERNATIONAL Healthway Corporation (IHC) announced that the company will be holding its FY2016 annual general meeting by July 14, and will announce its Q1 2017 financial statements by July 31.

OUE Realty increases stake in International Healthway Corporation to 86.16%

OUE Realty's deemed stake in International Healthway Corporation has gone up to 86.16 per cent from 57.6 per cent on April 13, 2017, it said in a filing to the Singapore Exchange...

Placement agreement for proposed issue of KOP shares lapses

KOP Limited announced on Wednesday that the placement agreement for the proposed issue of up to 221.6 million shares in the company has lapsed.