Genting Singapore's Q4 net profit up 12% at S$150m

GAMING company Genting Singapore on Thursday posted a 12 per cent rise in net profit to S$150.2 million for its fourth quarter ended Dec 31, 2018.

Genting Singapore Q4 net profit up 12% to S$150.2m

GAMING company Genting Singapore on Thursday posted a 12 per cent rise in net profit to S$150.2 million for its fourth quarter ended Dec 31.

SembMarine posts fourth quarter net earnings of S$6m

SEMBCORP Marine's fourth-quarter net profit fell 95 per cent to S$5.9 million from S$117.3 million a year ago on continued low business volume, but nonetheless beat the expectations of most analysts, some of whom had projected losses...

Nojima won't revise offer price for Courts Asia

THE offeror for shares of Singapore-listed Courts Asia, Nojima Asia Pacific, on Tuesday said that it does not intend to revise its offer price of S$0.205 in cash per share for the furniture retailer.

No revision to offer price for Courts Asia, closing date on March 15: Nojima

THE offeror for shares of Singapore-listed Courts Asia, Nojima Asia-Pacific, on Tuesday said that it does not intend to revise its offer price of S$0.205 in cash per share for the furniture retailer.
BT EXCLUSIVE

Global Premium Hotels puts 23 hotels on market at S$1.4b

A PORTFOLIO of 23 hotels, mostly under the Fragrance brand, is up for sale by Global Premium Hotels (GPH) at an indicative price of S$1.4 billion.

Offer price for Courts 'not fair but reasonable', says KPMG

INDEPENDENT financial adviser (IFA) KPMG Corporate Finance on Friday described Japanese electronics retailer Nojima Corp's offer of 20.5 Singapore cents for each of Courts Asia's shares as "not fair but reasonable from a financial point of view"...

Offer price for Courts Asia 'not fair but reasonable': IFA

INDEPENDENT financial adviser (IFA) KPMG Corporate Finance on Friday gave its recommendation, saying that Japanese electronics retailer Nojima Corp's offer for Courts Asia at 20.5 Singapore cents per share is "not fair but reasonable from a financial point of view"...
HOCK LOCK SIEW

Yoma's bond issue: Baht what about Singapore?

THOSE wondering if Yoma Strategic's decision to issue 2.2 billion in Thai baht (S$95 million) bonds last month over raising cash in Singapore is a sign that the city is losing its appeal as a bond market shouldn't over-imagine things...

Vicom posts 31% rise in net profit; proposes special dividend

VEHICLE inspection firm Vicom on Monday posted a 30.9 per cent rise in net profit to S$34.7 million for its full year ended Dec 31, 2018.

Vicom posts FY18 profit rise, announces special dividend

VEHICLE inspection firm Vicom Ltd on Monday posted a 30.9 per cent rise in net profit to S$34.7 million for its full year ended Dec 31, 2018, while revenue inched up 3.1 per cent to S$100.1 million on higher business volumes.

TSH is now into spirits following RTO completion

TSH Corporation on Friday said it has completed the acquisition of Sloshed!, which operates pubs and bars, as well as imports, exports and distributes spirits, wines and liquors, for about S$19.4 million in a reverse takeover (RTO) deal.

TSH completes reverse takeover to enter pub and bar business

TSH Corporation on Friday said it has completed the acquisition of Sloshed! Pte Ltd, a company in the business of operating pubs and bars, and the import, export and distribution of spirits, wines and liquors, for about S$19.4 million in a reverse takeover (RTO) deal.
HOT STOCKS

Procurri shares jump on offer from second interested buyer

SHARES of enterprise hardware supplier Procurri Corporation jumped by around 8 per cent or 2.5 cents to close at 33.5 Singapore cents on Thursday on news that it had on Feb 4 received a second unsolicited, non-binding expression of interest from a third party to acquire the company through a...

Charisma Energy suspends trading amid talks with banks

CATALIST-LISTED Charisma Energy Services on Thursday requested a suspension in the trading of its shares "with immediate effect"...

Procurri receives second expression of interest from third party for possible voluntary general offer

ENTERPRISE hardware supplier Procurri Corporation on Thursday said that it had on Feb 4, 2019, received a second unsolicited, non-binding expression of interest from a third party to acquire the company through a possible voluntary general offer.

Charisma Energy requests trading suspension amid talks with banks, creditors

CATALIST-LISTED Charisma Energy Services on Thursday requested a suspension in the trading of its shares "with immediate effect"...

Acesian Partners in MOU to dispose unit Acesian Sun

CATALIST-LISTED Acesian Partners on Thursday said it has on Feb 1, 2019 signed a non-binding memorandum of understanding (MOU) with Metro Transit Solutions Pte Ltd (MTS) to dispose its entire equity interest in its wholly owned subsidiary, Acesian Sun Pte Ltd.

Sunpower banks on steam to propel its next growth phase

WINTER is a good time for steam producers. The additional revenue from providing heating during winter is partly the reason why Sunpower is expecting to pull in a stronger set of results for the final quarter of 2018.

US-based New State Capital signals intent to make offer for Procurri

ENTERPRISE hardware supplier Procurri Corporation on Monday named its offeror, saying it had received a non-binding letter of intent (LOI) from New State Capital Partners for the proposed acquisition of all the shares of the company, other than treasury shares and shares held by substantial...

Hong Fok Corp could take control of associate after unit's share buyback proposal

PROPERTY developer Hong Fok Corp (HFC) on Monday said its 42.33 per cent unlisted associate company, Hong Fok Land International (HFL), plans to buy back all of its own shares at HK$0.55 (S$0.095) per HFL share.

Procurri receives letter of intent for general offer from New State Capital Partners

ENTERPRISE hardware supplier Procurri Corporation on Monday named its offeror, saying it had received a non-binding letter of intent (LOI) from New State Capital Partners LLC for the proposed acquisition of all the shares of the company, other than treasury shares and shares held by substantial...

Reversal of policy risks lifts market in January

CALL it the "Capricorn Effect". January's stock market performance improved from December, as the total market capitalisation of companies listed on the Singapore Exchange expanded by S$27 billion or 3 per cent to S$919.4 billion. ...

SGX RegCo urges caution in trading of Sevak shares

SINGAPORE Exchange Regulation (SGX RegCo) on Thursday urged investors and potential investors to exercise caution when trading shares of IT solutions company Sevak Limited.

Extended June 30 deadline for banks to meet e-payment user protection guidelines

THE Monetary Authority of Singapore (MAS) on Thursday said it will give banks and credit card issuers more time to adopt the e-payments user protection guidelines, which were first issued last September and originally scheduled to kick in on Jan 31, 2019.