nico steel

Nico Steel to delist on Aug 7

NICO Steel will delist from the Singapore Exchange (SGX) on Aug 7, the company said on Monday (Jul 24). 

Votes representing 2.1 billion shares, or 72.9 per cent of the total number of shares that voted, were in favour for the company’s move to delist without an exit offer.

Nico Steel receives shareholder approval to delist without exit offer

AT ITS extraordinary general meeting on Friday (Jun 30), Nico Steel received approval from its shareholders to delist without an exit offer.

“Shareholders have the right to ask and understand the actions taken by the board and the company regarding the provision of an exit offer,” says Sias president and chief executive David Gerald.

Nico Steel yet to address questions over plans to delist without an exit offer: Sias

AHEAD of an extraordinary general meeting (EGM) on Friday (Jun 30) for shareholders to vote on Nico Steel’s proposal to delist without an exit offer, the Securities Investors Association (Singapore), ...

Nico Steel extends property lease for 20 years, to invest S$460,000 in machinery, equipment

Nico Steel extends property lease for 20 years, to invest S$460,000 in machinery, equipment

NICO Steel has extended its property lease at 51 Loyang Way with JTC Corp for an additional 20 years, and has committed to developing the property and investing S$460,000 in additional machinery and e...

Nico Steel swings into the red with US$283,000 H1 loss

Nico Steel swings into the red with US$283,000 H1 loss

METALS supplier Nico Steel posted a net loss of US$283,000 for its first half of fiscal 2020, versus a net profit of US$121,000 a year ago mainly due to uncertainties arising from the US-China trade w...

Nico Steel says able to meet S$40m market cap to exit watch list in 'reasonable time'

Nico Steel says able to meet S$40m market cap to exit watch list in 'reasonable time'

MAINBOARD-LISTED metals supplier Nico Steel Holdings said it will be able to meet the S$40 million market capitalisation requirement to exit the Singapore Exchange (SGX) watch list, given "reasonable ...

Stocks to watch: CMT, FCOT, ESR-Reit, Datapulse, Trendlines, Nico Steel

Stocks to watch: CMT, FCOT, ESR-Reit, Datapulse, Trendlines, Nico Steel

THE following companies saw new developments that may affect trading of their shares on Tuesday:

Stocks to watch: SGX, Venture Corp, Starhill Global Reit, Hong Leong Finance, Union Gas, Nico Steel

Stocks to watch: SGX, Venture Corp, Starhill Global Reit, Hong Leong Finance, Union Gas, Nico Steel

THE following companies saw new developments that may affect trading of their shares on Friday:

Nico Steel expects 'significant increase' in FY2019 profit

Nico Steel expects 'significant increase' in FY2019 profit

METALS supplier Nico Steel Holdings is expecting a "significant increase" in net profit for the full year ended Feb 28, 2019 due to stronger operating results.

Stocks to watch: Nico Steel, Metech, Noble, First Ship Lease Trust

Stocks to watch: Nico Steel, Metech, Noble, First Ship Lease Trust

THE following companies saw new developments which may affect trading of their shares on Tuesday.