Pine Capital posts smaller Q3 loss; plans to raise funds
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
PINE Capital Group reported a narrower loss in its fiscal third quarter and a negative working capital position, and said that it is looking at fundraising options.
Pine, which was formerly called OLS Enterprise, posted a net loss of S$926,000 for the three months ended Dec 31, 2017 compared to a year-ago S$1.5 million loss.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts