keong hong

Keong Hong unit to sell stake in Katong Holdings for S$34.5 million

Group intends to utilise net proceeds from the divestment for its working capital requirements and potential business opportunity

Listing rules require companies to be put on the watch list if they record pre-tax losses for the latest three consecutive financial years, and fail to maintain an average daily market cap of at least S$40 million over the last six months.

Global Invacom, Keong Hong, Green Build Technology added to SGX watch list

The three companies have to take active steps to restore their financial health and improve their market valuation within 36 months from Jun 5

SGX conducts quarterly reviews to identify issuers to be included on its watch list.

Keong Hong files notice of three straight years of losses

KEONG Hong has given notice that it recorded pre-tax losses for the three most recently completed consecutive financial years, based on audited full-year consolidated accounts.

Chief executive Ronald Leo (pictured) is cautiously optimistic that the worst is over even as he expects a challenging year ahead.

Keong Hong’s FY2023 loss widens on higher construction costs

RISING costs in the construction sector sent mainboard-listed Keong Hong Holdings deeper into the red for FY2023.

Keong Hong's increase in revenue is a result of progress made in its various ongoing construction projects, as well as an increase in productivity of construction activities, the company says.

Keong Hong narrows H1 net loss to S$3.7 million on pickup in construction activity

CONSTRUCTION player Keong Hong Holdings’ net loss narrowed to S$3.7 million for its half-year ended Mar 31, 2023, from S$10.8 million in the year-ago period.

The tender, awarded by Solitaire Cecil, involves the proposed erection of a 20-storey office building.

Keong Hong unit bags S$118 million tender for office building

KEONG Hong Construction, a wholly-owned unit of Keong Hong Holdings, has secured a S$118 million tender for main contract works at Cecil Street.

Ronald Leo, chairman and chief executive of Keong Hong Holdings.

Keong Hong warns of expected H1 net loss, blames virus-related business conditions

MAINBOARD-LISTED construction player Keong Hong Holdings is warning of an expected net loss for the 6 months to Mar 31, 2022, the board said in a profit guidance on Thursday (May 5).

Ronald Leo, chairman and chief executive of Keong Hong Holdings. The construction player recently reported a net loss of S$10.8 million for its half year ended Mar 31, 2022.

Keong Hong warns of expected rise in net loss for 9M FY2022

MAINBOARD-LISTED construction player Keong Hong Holdings is warning of an expected increase in net loss for the 9 months ended Jun 30, 2022, the board said in a profit guidance on Thursday (Aug 4).

Keong Hong shareholder LJHB raises stake; triggers general offer for all shares at S$0.384 apiece

Keong Hong shareholder LJHB raises stake; triggers general offer for all shares at S$0.384 apiece

LJHB Holdings has raised its stake in property developer Keong Hong Holdings (5TT) from 26.7 per cent to 45.8 per cent, triggering a mandatory conditional cash offer for all the shares it does not alr...

Construction firm Keong Hong clarifies increase in pay for former general manager

Construction firm Keong Hong clarifies increase in pay for former general manager

THE increase in the annual aggregate remuneration paid to 2 key management personnel of Keong Hong Holdings, as cited in an article in The Business Times (BT), was primarily due to remuneration paid t...