SIA Engg board chairman to retire

NON-EXECUTIVE chairman of SIA Engineering Company (SIAEC)'s board Stephen Lee Ching Yen will retire at the conclusion of its July 19 annual general meeting (AGM), and will be succeeded by current deputy chairman Tang Kin Fei...

Koh Brothers Group net profit up 13% to S$1.2m; order book hits record

KOH Brothers Group is tendering for large-scale infrastructure projects here such as the North-South Corridor and the Kuala Lumpur-Singapore High Speed Rail.

70% of apartments released in New Futura Phase 2 sold

LUXURY condo New Futura has seen 21 of 30 units released over the weekend at its 60-unit North Tower snapped up at an average selling price of over S$3,500 per square foot (psf), City Developments Limited (CDL) said in a statement on Tuesday.

Aspen (Group) Holdings net profit increases 156.6% to RM13.1m

PROGRESS on on-going projects gave a lift to results for Malaysia-based property group Aspen (Group) Holdings in its first quarter.

Swee Hong Q3 net profit falls 89.1% to S$295,000

THIRD-QUARTER net profit for civil engineering group Swee Hong Limited plunged 89.1 per cent to S$295,000 from the previous year.

Yongnam Holdings Q1 net loss widens to S$4.6m

YONGNAM Holdings' net loss for its first quarter worsened to S$4.6 million, from a net loss of S$1.5 million in the previous year, the group said in a Singapore Exchange filing on Tuesday evening...

UOB-Kay Hian net profit jumps 30.3% to S$25.7 million on higher revenue

BETTER commission income and interest income gave a fillip to results for UOB-Kay Hian Holdings in its first quarter.

Fragrance Group's Q1 net profit jumps 57.7% to S$8.5 million

FIRST-QUARTER net profit for Fragrance Group shot up 57.7 per cent to S$8.5 million from the previous year.

Raffles Education Corporation's Q3 net loss widens to S$4 million

RAFFLES Education Corporation's third-quarter net loss worsened to S$4 million from S$3.7 million in the year-ago period...

SIAEC chairman Stephen Lee to retire; deputy chairman Tang Kin Fei to take over

NON-EXECUTIVE chairman of SIA Engineering Company (SIAEC)'s board Stephen Lee Ching Yen will retire after its July 19 annual general meeting (AGM), and will be succeeded by its current deputy chairman Tang Kin Fei...

CDL's New Futura sells 70% of Phase 2 units released since Friday at average of over S$3,500 psf

IN a matter of days, City Developments Limited (CDL) has seen 70 per cent or 21 of the 30 units that it released over the weekend for New Futura's second phase snapped up at an average selling price of over S$3,500 per square foot (psf)...

Koh Brothers Group's net profit rises 13% to S$1.2 m

DESPITE a revenue decline, Koh Brothers Group's net profit grew 13 per cent to S$1.2 million in its first quarter of 2018...

Sinarmas Land's Q1 profit falls 26.3% to S$28m

A REVENUE slide for Indonesian property developer Sinarmas Land in its first quarter caused its net profit to tumble 26.3 per cent to S$28 million from the preceding year's S$38 million...

Thomson Medical incurs S$6.5m loss in first quarter

THOMSON Medical Group, formerly known as Rowsley before a recent injection of healthcare assets, saw its net loss in Q1 2018 worsen to S$6.5 million, from a net loss of S$1.6 million for its real-estate business alone.

YuuZoo pushes for response from independent reviewer EY

YUUZOO Corporation is giving independent reviewer Ernst & Young Advisory (EY) a May 18 deadline to respond to the beleaguered online media company's 79 questions about EY's draft report...

Oceanus in the red with 8.4m yuan Q1 loss

SEAFOOD value chain manager Oceanus Group sunk into the red in the first quarter of 2018, posting a net loss of 8.4 million yuan (S$1.77 million), compared with net profit of 34.8 million yuan in the preceding year.

Yanlord's Q1 net profit declines 14.7%

CHINESE property developer Yanlord Land Group posted on Monday a net profit decline in its first quarter of 14.7 per cent to 797.1 million yuan (S$167.7 million), thanks to the higher profit recognition from projects with a larger attributable portion of non-controlling interest.

YuuZoo gives EY until May 18 to answer 79 questions on draft report; releases 3 findings from executive summary

YUUZOO Corporation said it is giving independent reviewer Ernst & Young Advisory (EY) a May 18 deadline to respond to the the beleaguered online media company's 79 questions about EY's draft report...

Thomson Medical Group's Q1 net loss at S$6.5 million from property business

THOMSON Medical Group, formerly known as Rowsley, saw its net losses worsen to S$6.5 million, from a net loss of S$1.6 million for the first quarter of this year for its real estate business only.

UOL's Amber45 condo sees 80% takeup rate over weekend; to launch The Tre Ver project in July

UOL Group saw what it said was a "strong response" from the weekend launch of its 139-unit East Coast condo Amber45, with buyers snapping up 80 of the 100 units released at an average price of about S$2,200 psf...

Sinarmas Land's Q1 net profit slides 26.3% to S$28 million

A REVENUE slide took a toll on results for Indonesian property developer Sinarmas Land in its first quarter.

Construction stocks 'look set for change in fortunes'

CONSTRUCTION companies on the Singapore Exchange may have seen muted performance as real estate counters have by comparison heated up amid the recovery of the private residential market.
BT EXCLUSIVE

Prime districts enter the collective sales fray in 2018

AFTER making its way through the suburbs and city fringe last year, the collective sale fever is sweeping homes in Singapore's prime districts this year, helping to push this year's sale value for residential sites above levels seen last year...

A H-Trust's Q4 DPS increases to 1.72 Singapore cents

DISTRIBUTION per stapled security for Ascendas Hospitality Trust (A H-Trust) in its fourth quarter ended March 31 expanded to 1.72 Singapore cents from 1.37 Singapore cents in the previous year.

Ascendas Hospitality Trust's Q4 DPS up 25.5% to 1.72 Singapore cents

DISTRIBUTION per stapled security for Ascendas Hospitality Trust (A H-Trust) in its fourth quarter ended March 31 expanded to 1.72 Singapore cents from 1.37 Singapore cents in the previous year.