张太公钓鱼,愿者上钩 In stock Markets

Posted by admin on September 13, 2009 under Articles | Read the First Comment

张太公钓鱼- master Zheng goes fishing,愿者上钩 – Any fish wanna to eat bait, must be willing to get hooked.

Let’s see how this topic is related to the share stock markets

Buying Shares? See This Good Stock Trading Records

Posted by admin on under Articles | 3 Comments to Read

Date : 19/12/08
Stock Name : Sinopipe
Ccy : SGD
Avg Cost : 0.058527
Amount$ : 20,777.08 (for 355,000 shares)
Sold : 155,000 @ 0.12, 100,000 @ 0.10, 100,000 @ 0.085
Profit/Loss : 16,193.14 (realised) –> +77.94%
Quantity Bal : 0
Last : N.A.
Mkt Value : N.A.
_____________________________________________________________
Date : 05/01/09
Stock Name : Epure Int
Ccy : SGD
Avg Cost : 0.241192
Amount$ : 6,029.80 (for 25,000 shares)
Sold : 25,000 @ 0.28
Profit/Loss : 939.88 (realised) –> +15.60%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_____________________________________________________________
Date : 06/01/09
Stock Name : Cambridge
Ccy : SGD
Avg Cost : 0.296488
Amount$ : 5,929.76 (for 20,000 shares)
Sold : 20,000 @ 0.30
Profit/Loss : 40.44 (realised) –> +0.68%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_____________________________________________________________
Date : 07/01/09
Stock Name : PLife REIT
Ccy : SGD
Avg Cost : 0.808085
Amount$ : 8,080.85 (for 10,000 shares)
Sold : 10,000 @ 0.825
Profit/Loss : 138.21 (realised) –> +1.71%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_____________________________________________________________
Date : 08/01/09
Stock Name : YZJ
Ccy : SGD
Avg Cost : 0.501726
Amount$ : 15,051.77 (for 30,000 shares)
Sold : 30,000 @ 0.510
Profit/Loss : 195.42 (realised) –> +1.30%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_____________________________________________________________
Date : 09/01/09
Stock Name : Sinotel
Ccy : SGD
Avg Cost : 0.161419
Amount$ : 3,228.38 (for 20,000 shares)
Sold : 20,000 @ 0.175
Profit/Loss : 271.62 (realised) –> +8.41%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_____________________________________________________________
Date : 12/01/09
Stock Name : ChinaEratat
Ccy : SGD
Avg Cost : 0.082781
Amount$ : 28,973.35 (for 350,000 shares)
Sold : 200,000 @ 0.150, 50,000 @ 0.160
Quantity Bal : 100,000
Profit/Loss : 17,165.72 (realised) –> +59.25%
Last : 0.200
Market Value : 20,000
Profit/Loss : 11,721.90 (unrealised) –> +40.46%
_____________________________________________________________
Date : 13/01/09
Stock Name : IndoAgri
Ccy : SGD
Avg Cost : 0.577968
Amount$ : 5,779.68 (for 10,000 shares)
Sold : 10,000 @ 0.595
Profit/Loss : 140.54 (realised) –> +2.43%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_____________________________________________________________
Date : 19/01/09
Stock Name : Swiber
Ccy : SGD
Avg Cost : 0.516778
Amount$ : 10,335.56 (for 20,000 shares)
Sold : 20,000 @ 0.530
Profit/Loss : 227.85 (realised) –> +2.20%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_____________________________________________________________
Date : 22/01/09
Stock Name : SGX
Ccy : SGD
Avg Cost : 5.037323
Amount$ : 15,111.97 (for 3,000 shares)
Sold : 3,000 @ 5.090
Profit/Loss : 105.34 (realised) –> +0.70%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_____________________________________________________________
Date : 05/02/09
Stock Name : Epure Int
Ccy : SGD
Avg Cost : 0.291218
Amount$ : 7,280.45 (for 25,000 shares)
Sold : 25,000 @ 0.305
Profit/Loss : 313.93 (realised) –> +4.31%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_____________________________________________________________
Date : 18/02/09
Stock Name : Celestial
Ccy : SGD
Avg Cost : 0.245845
Amount$ : 12,292.27 (for 50,000 shares)
Sold : 50,000 @ 0.250
Profit/Loss : 164.58 (realised) –> +1.34%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_____________________________________________________________
Date : 18/02/09
Stock Name : OCBC
Ccy : SGD
Avg Cost : 4.86674
Amount$ : 14,600.22 (for 3,000 shares)
Sold : 3,000 @ 4.96
Profit/Loss : 228.43 (realised) –> +1.56%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_____________________________________________________________
Date : 27/03/09
Stock Name : CapitaMall
Ccy : SGD
Avg Cost : 1.314522
Amount$ : 13,145.22 (for 10,000 shares)
Sold : 10,000 @ 1.330
Profit/Loss : 108.88 (realised) –> +0.83%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
____________________________________________________________
Date : 13/04/09
Stock Name : YZJ
Ccy : SGD
Avg Cost : 0.471622
Amount$ : 18,864.88 (for 40,000 shares)
Sold : 40,000 @ 0.480
Profit/Loss : 268.86 (realised) –> +1.43%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
____________________________________________________________
Date : 04/05/09
Stock Name : TiongWoon
Ccy : SGD
Avg Cost : 0.260897
Amount$ : 13,044.86 (for 50,000 shares)
Sold : 50,000 @ 0.330
Profit/Loss : 3,398.19 (realised) –> +26.05%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
___________________________________________________________
Date : 04/05/09
Stock Name : YZJ
Ccy : SGD
Avg Cost : 0.541864
Amount$ : 10,837.27 (for 20,000 shares)
Sold : 20,000 @ 0.565
Profit/Loss : 423.73 (realised) –> +3.91%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
____________________________________________________________
Date : 12/05/09
Stock Name : GoldenAgr
Ccy : SGD
Avg Cost : 0.486674
Amount$ : 9,733.48 (for 20,000 shares)
Sold : 20,000 @ 0.495
Profit/Loss : 132.35 (realised) –> +2.40%
Quantity Bal : 20,000
Last : 0.475
Market Value : 9,500
____________________________________________________________
Date : 13/05/09
Stock Name : Sinotel
Ccy : SGD
Avg Cost : 0.203296
Amount$ : 16,263.68 (for 80,000 shares)
Sold : 80,000 @ 0.230
Profit/Loss : 2,072.82 (realised) –> +12.75%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
__________________________________________________________
Date : 19/05/09
Stock Name : Sinotel
Ccy : SGD
Avg Cost : 0.215742
Amount$ : 10,787.10 (for 50,000 shares)
Sold : 50,000 @ 0.225
Profit/Loss : 424.06 (realised) –> +3.93%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
__________________________________________________________
Date : 19/05/09
Stock Name : YZJ
Ccy : SGD
Avg Cost : 0.762622
Amount$ : 19,065.57 (for 25,000 shares)
Sold : 25,000 @ 0.810
Profit/Loss : 1,114.54 (realised) –> +5.85%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
__________________________________________________________
Date : 28/05/09
Stock Name : AusGroup
Ccy : SGD
Avg Cost : 0.607088
Amount$ : 12,141.76 (for 20,000 shares)
Sold : 20,000 @ 0.615
Profit/Loss : 115.79 (realised) –> +0.95%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
__________________________________________________________
Date : 11/06/09
Stock Name : Yongnam
Ccy : SGD
Avg Cost : 0.246017
Amount$ : 7,380.50 (for 30,000 shares)
Sold : 30,000 @ 0.275
Profit/Loss : 838.55 (realised) –> +11.36%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_________________________________________________________
Date : 11/06/09
Stock Name : Tat Hong
Ccy : SGD
Avg Cost : 0.993417
Amount$ : 9,934.17 (for 10,000 shares)
Sold : 10,000 @ 1.02
Profit/Loss : 230.63 (realised) –> +2.32%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
__________________________________________________________
Date : 11/06/09
Stock Name : Sinotel
Ccy : SGD
Avg Cost : 0.261024
Amount$ : 7,830.72 (for 30,000 shares)
Sold : 30,000 @ 0.275
Profit/Loss : 388.34 (realised) –> +4.96%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_________________________________________________________
Date : 14/07/09
Stock Name : Ezra
Ccy : SGD
Avg Cost : 1.214808
Amount$ : 19,436.93 (for 16,000 shares)
Sold : 8,000 @ 1.300, 8,000 @ 1.270
Profit/Loss : 1,052.40 (realised) –> +5.41%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_________________________________________________________
Date : 03/08/09
Stock Name : Marco Polo
Ccy : SGD
Avg Cost : 0.401385
Amount$ : 20,069.25 (for 50,000 shares)
Sold : 50,000 @ 0.410
Profit/Loss : 360.23 (realised) –> +1.79%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_________________________________________________________
Date : 06/08/09
Stock Name : Cosmosteel
Ccy : SGD
Avg Cost : 0.321543
Amount$ : 12,861.72 (for 40,000 shares)
Sold : 20,000 @ 0.445, 20,000 @ 0.435
Profit/Loss : 4,677.55 (realised) –> +36.37%
Quantity Bal : 0
Last : N.A.
Market Value : N.A.
_________________________________________________________
Date : 14/08/09
Stock Name : Penguin
Ccy : SGD
Avg Cost : 0.135480
Amount$ : 8,806.20 (for 65,000 shares)
Sold : 0
Quantity Bal : 65,000
Last : 0.140
Market Value : 9,100
Profit/Loss : 293.80 (unrealised) –> +3.34%
_________________________________________________________
Date : 24/08/09
Stock Name : Aztech
Ccy : SGD
Avg Cost : 0.282349
Amount$ : 31,058.41 (for 110,000 shares)
Sold : 0
Quantity Bal : 110,000
Last : 0.270
Market Value : 29,700
Profit/Loss : 1,358.41 (unrealised) –> -4.37%
_________________________________________________________
Date : 25/08/09
Stock Name : Lee Metal
Ccy : SGD
Avg Cost : 0.165570
Amount$ : 9,934.17 (for 60,000 shares)
Sold : 0
Quantity Bal : 60,000
Last : 0.170
Market Value : 10,200
Profit/Loss : 265.83 (unrealised) –> +2.68%

_________________________________________________________
Date : 07/09/09
Stock Name : PohTC
Ccy : SGD
Avg Cost : 0.346191
Amount$ : 17,309.55 (for 50,000 shares)
Sold : 0
Quantity Bal : 50,000
Last : 0.335
Market Value : 16,750
Profit/Loss : 559.55 (unrealised) –> -3.23%

————————————————————————————–
Realised Profit / Loss : S$51,705.02 –> +82.07%
Unrealised Profit / Loss : S$10,363.57 –> +16.45%

*Records exclude rights, warrants & dividends issued after purchase.

Read more for Good Stock Trading Records by Franklin

China Gaoxian Plans IPO

Posted by admin on under Articles | 2 Comments to Read

China Gaoxian Fibre Holdings Ltd

China Gaoxian plans IPO

It may be the largest listing on SGX main board this year

By FELDA CHAY

Email this article
Print article
Feedback

CHINA-based polyester fibre producer China Gaoxian Fibre Holdings Ltd is poised to launch its initial public offering (IPO), making it the second S-chip listing on the main board of the Singapore Exchange this year following Passion Holdings’ debut last Monday.

The IPO could also be the largest listing this year, BT understands, in what has been a slow year for the IPO sector. Only 10 IPOs have been launched this year, including Catalist listings.

The company is raising funds to expand its business. Plans include raising its production capacity for premium differentiated fine polyester yarn, and expanding its downstream fabric manufacturing business, according to the prospectus it filed with the Monetary Authority of Singapore.

For 2008, China Gaoxian reported that net profit leapt 47.9 per cent to 390.4 million yuan (S$82.3 million) from a year ago.

China Gaoxian IPO

STI – Hourly & Daily Chart

Posted by admin on under Articles | 3 Comments to Read

STI Daily Chart
STI Daily Chart

A peep at the major trendline channels…still safely above major uptrend line

STI Hourly Chart
STI Hourly Chart

Still staying safely above the hourly upper bollinger band at 2665…
Continue to watch closely how STI stays above the hourly upper bollinger band next week…

By Cinderella – STI Charts

Would you pay 5000 dollars for a stock trading system?

Posted by admin on under Articles | Be the First to Comment

Enough of losses and happy projections. Everyone who sees the question above may laugh at it…who would actually buy that. Sadly enough someone I knew actually pay for it.

Firstly, I don`t think this is a “trading system” that is of high profile or recognition..maybe a number of articles and real life “buy calls” services provided. Whichever it is how good or bad, I think its out to con people who lost in the market, in desperation to beat the market, uneducated..etc. Best of it you can even get it from some one once in rmao or the well known CNA forum.

Maybe thats how they do it. They rope you in as followers, they are experts and draw fanciful charts with colour lines all over and highlights. They find supports and draw the arrows blah blah blah…you are impressed by their knowledge and wonderful track records. You are desperate to earn back what is lost from the market, they are your only hope and you have earned from their calls. You pay 5k…

What I am trying to get to is there are no forever win “trading systems”..you don`t pay 5k to buy them in places where you share things. I just started trading, I got nothing to boast about and I am no expert. However, I try to learn from nice people here who are willing to share, I learn from my mistakes and I learn from others mistakes. The whole solution is about learning…

Cinderella don`t earn 5k to share her 6 steps or buy calls. Her actions are most commendable.
You need charts or market directions, look at the chart analysis posts contributed by many members here and some experts threads.

You want to learn more look in the e-book sections. etc…

by kkworks – http://www.rmao.net/forum/viewtopic.php?f=2&t=369&st=0&sk=t&sd=a&start=20

Rmao.Net Global World Indices

Posted by admin on August 7, 2009 under Articles, News | 3 Comments to Read

SGX Listed Companies News

Posted by admin on August 6, 2009 under Articles | 2 Comments to Read

Singapore Listed Company News

Parkway Life REIT: To Receive Islamic Financing From The Islamic Bank Of Asia. – Parkway Life Real Estate Investment Trust has been offered an Islamic revolving credit financing facility by The Islamic Bank of Asia. This makes PLife REIT the first Singapore-listed entity being offered a Shariah-compliant revolving credit facility. PLife REIT’s revolving credit facility uses the Commodity Murabaha structure, one of the most common structures used in Islamic financing. It satisfies the Shariah requirement of having an underlying asset to facilitate the creation of debt through a trade contract. The revolving credit financing facility will be for an amount of SGD 50 million over a period of three years…

Parkway Life REIT: Gross Revenue Jumps 33.1% To S$32.4 Million For 1H 2009. – Parkway Life Real Estate Investment Trust is pleased to announce a strong set of figures for the second quarter and first six months ended 30 June 2009. PLife REIT registered gross revenue of S$16.1 million and net property income of S$15.0 million for 2Q 2009, an increase of 28.9% and 27.9% respectively over the previous corresponding period, primarily due to higher revenue contribution from its Japan properties amounting to S$3.5 million for 2Q 2009 compared to $0.5 million for 2Q 2008…

AusGroup: Restructuring Of Modern Access Group Of Companies. – AusGroup Limited announced that its Australian subsidiary, Modern Access Services Pty Ltd has restructured its overseas holdings into a more efficient structure post integration into the AGL group of companies. Upon the completion of the restructuring all of the South-East Asian operations of the Modern Access group of companies are held directly by AusGroup Limited…

Hyflux: Reports Positive Earnings Growth Momentum In 2Q FY09. – Hyflux Ltd’s profit after tax and minority interests for the second quarter in 2009 increased by 15% to S$25.9 million, bringing its first half PATMI to a record of S$31.0 million. In addition to sequential quarterly growth, this represents a 10% year-on-year growth over the corresponding period in 1HFY08. The better performance was due to the progressive completion of higher-valued projects, especially from the MENA market, with continued active project execution driving improved gross profit margins…

Yanlord: Sells Over 99% Of Apartment Units At Inaugural Launch of Tianjin Yanlord Riverside Plaza Phase 1, Contracted Pre-Sales Of RMB 667 Million Recorded For 248 Units Sold. – Yanlord Land Group Limited announced that it had sold 99.2% or 248 of the 250 apartment units during the first three days of the inaugural launch of Tianjin Yanlord Riverside Plaza Phase 1. Average selling price of approximately RMB15,950 per square metre was achieved for the 41,800 sqm gross floor area sold. Total contracted pre-sales for the first three days amounted to RMB667 million…

China Oilfield: Proposed Capital Investment For The Industrial Production Of Submersible Linear Oil Pumping Units. – China Oilfield Technology Services Group Limited is pleased to announce that the Company is proposing a capital investment of approximately RMB 457.2 million for the industrial production of submersible linear oil pumping units. The Proposed Investment is to be located in Daqing, where there are over 40,000 oil production wells that may require oil production pumping units which are technologically-advanced and results in energy saving. Under the motor system energy saving policy issued by the PRC government, the Proposed Investment is one of the key projects that are supported by the PRC government…

Excelpoint: Announces 2Q09 Results, Registers Revenue Of US$84.1 Million In 2Q09. – Excelpoint Technology Limited announced its financial results for the second quarter ended 30 June 2009. The Group ended 2Q09 with revenue of US$84.1 million compared with US$115.5 million in 2Q08. Revenue for the six months ended 30 June 2009 was US$156.8 million, compared with US$240.0 million for the same period of 2008. The decline in revenue was a result of an increasingly challenging business environment from the global economic slowdown…

China Paper: Reports Stronger Sequential Net Profit Of RMB 24.8 Million For Second Quarter. – China Paper Holdings Limited announced its financial results for the 6 months ended 30 June 2009. Sequentially, net profit improved RMB1.3 million from RMB23.5 million for the 3 months ended 31 March 2009 to RMB24.8 million for the 3 months ended 30 June 2009. In tandem, net profit margin also increased by 1.6 percentage points from 10.9% in 1QFY09 to 12.5% in 2QFY09…

KSH Holdings: Reports 17% Rise In Net Profit To S$2.7 Million For 1QFY2010. – KSH Holdings Limited announced a 17% rise in net profit to S$2.7 million for the three months period ended June 30, 2009. This was despite a 30% decline in revenue to S$58.7 million in 1QFY2010 from S$84.3 million in 1QFY2009. The revenue decline was mainly due to the completion of four construction projects, which more than offset the increase in revenue from ongoing projects during the period under review…

CAO: BP China President Appointed As Director. – China Aviation Oil (Singapore) Corporation Ltd wishes to announce that Mr Chen Liming is appointed as a the Non-Executive Director of CAO. He replaces Mr Michael Bennetts as a BP nominee director of CAO. Mr Chen is also appointed as a member of the Remuneration Committee and the Nominating Committee in place of Mr Bennetts, who has stepped down following his resignation from BP to pursue personal interests. Mr Chen is the President of BP China and also serves as Chairman of BP (China) Holdings Limited…

StarHub: Reports 2009 Second Quarter And Half Year Results. – StarHub’s operating revenue was stable at S$532 million compared to S$531 million in 2Q2008. For the half year, it stood at S$1.06 billion. The Group’s EBITDA for the quarter rose 10% to S$161 million and for the half year, increased 5% to S$329 million. EBITDA margin as a percentage of service revenue was 31.5% for the quarter and at half time, it registered 32.2%. For the quarter, profit from operations was 13% higher year-on-year at S$101 million. Net profit after tax increased 21% to S$78 million…

CAO: Records Higher Profits Quarter-On-Quarter. – China Aviation Oil (Singapore) Corporation Ltd announced its unaudited results for the second quarter ended 30 June 2009. CAO posted net profit attributable to shareholders of US$11.8 million for 2Q 2009, a significant increase of 188% as compared to 1Q 2009. This is mainly attributable to the turnaround in the performance of CAO’s associated company and key profit contributor, Shanghai Pudong International Airport Aviation Fuel Supply Co., Ltd…

SG Companies News

SGX posts marginal rise in Q4 net profit to $91.2m – SINGAPORE Exchange (SGX) posted a marginal net profit growth in its fourth quarter to June 30, exceeding analysts’ expectations.

StarHub lifts Q2 earnings 21% to $77m – THE ceasefire following last year’s all-out marketing war, coupled with higher sales from its mobile and fixed network businesses, helped lift StarHub’s second-quarter net income 21.1 per cent to $77.8 million.

Impairment loss puts OUE in the red – OVERSEAS Union Enterprises (OUE) yesterday posted a net loss of $47.8 million for the second quarter, which compares to a year-ago net profit of $12.1 million.
Rotary Engineering Q2 gain up 11% to $13m – ROTARY Engineering, whose stock has soared in recent weeks after the company unveiled some $1.1 billion worth of new projects, yesterday unveiled an 11 per cent rise in April-June second quarter earnings to $13 million.

UOB starts yuan service like rivals – UNITED Overseas Bank (UOB) has officially launched the Chinese yuan cross-border trade settlement and account service in Singapore and Malaysia, and will also do so in Hong Kong, following similar moves by rivals OCBC Bank and DBS Bank.

Yangzijiang Q2 profit surges 80% – CITING higher productivity from a new yard, Yangzijiang Shipbuilding yesterday announced an 80 per cent year-on-year surge in second-quarter net profit to 607.4 million yuan (S$127.5 million). This resulted in its first-half earnings rising 54 per cent to a record 1.09 billion yuan.

CAOS Q2 net profit down by 36.9% – THE global economic downturn, compounded by the H1N1 virus which has hit air travel, saw China Aviation Oil Singapore (CAOS) reporting a 36.9 per cent fall in second-quarter net profit to US$11.8 million from US$18.8 million in Q2 last year.

Boustead clinches $15m Charles & Keith deal – BOUSTEAD Singapore has clinched a $15 million contract to design-and-build a new headquarters building for Charles & Keith Holdings Pte Ltd at the Paya Lebar iPark. This latest project, through 91.7 per cent subsidiary Boustead Projects Pte Ltd, raises Boustead’s order book to some $525 million.

Sunpower shines with Q2 profit – SUNPOWER Group, a China-based heat transfer technology specialist, yesterday reported a 20.59 per cent rise in net earnings to 17.4 million yuan (S$3.65 million) for the second quarter ended June 30.

Company Briefs – LOGISTICS player CWT Ltd saw net profit rise 27 per cent to $8.7 million in the second quarter ended June 2009, as revenue rose 3 per cent to $146.9 million.

L&M to resume trading on Aug 17 – SHIPPING coal for Indonesia’s biggest coal producer from Kalimantan to power stations in Java, sand from Vietnam to Singapore and landfill from Fujairah to Qatar’s Pearl island – this will now be the core businesses of former construction play L&M Group which expects to resume trading here on Aug 17 as Seroja Investments (SI).

Baker Tech Q2 net profit rises 59% to $5.4m – HELPED by a sharp rise in gross margins, Baker Technology yesterday reported a 59 per cent jump in second-quarter net profit to $5.4 million, from $3.4 million a year ago.

Read full details at SGX Listed Companies News

Latest SGX Listed Company News

Posted by admin on August 1, 2009 under Articles | Read the First Comment

SGX Listed Company News

  1. WBL Corp: Growing With Change, Wearnes Leadership Team Appoints New Group Chief Financial Officer. – WBL Corporation Limited appointed Victoria Ko Miu Ha as its new Group Chief Financial Officer. She assumes responsibility for all corporate financial activities of Wearnes, including treasury, tax and information technology management. Ms Ko brings to Wearnes more than 25 years of commercial experience in Finance and Audit functions. Most recently, she served as Senior Executive Vice President, Group CFO and Company Secretary of The Straits Trading Company. She also held Finance and Audit positions at various international professional accounting firms previously…
  2. Marco Polo Marine: Forges Collaboration With PT Rig Tenders Tbk To Penetrate The Offshore Oil And Gas Marine Segment. – Marco Polo Marine Ltd is pleased to announce that it had entered into a Joint Venture Agreement with PT Rig Tenders Tbk to enhance its presence in the Offshore Oil and Gas segment. While PTRT is a 80.54%-owned subsidiary of Scomi Marine Berhad, a company listed on the Malaysia Stock Exchange, it is itself listed on the Jakarta Stock Exchange. Engaging in the business of owning and operating marine vessels serving the logistic needs of the Coal and Oil and Gas segments, the major customers of PTRT include PT Adaro and PT Arutmin and oil majors such as Chevron, CNOOC and TOTAL…
  3. CDL HTrust: Reports Gross Revenue Of S$42.8 Million For 1H2009. – CDL Hospitality Trusts achieved gross revenue of S$42.8 million in 1H 2009, a 25.6% decrease from the same period last year. Income available for distribution for 1H 2009 was S$35.5 million, 26.8% lower than the S$48.6 million in the same period last year. The income to be distributed per Stapled Security for 1H 2009 was 3.86 cents. Based on a market price of S$1.15 as at close of market on 29 July 2009, holders of CDLHT’s Stapled Securities would enjoy an annualised distribution yield of 6.8% for 1H 2009…
  4. Stamford Land: Appointment Of The Hon. Mark Vaile As An Independent Director. – Stamford Land Corporation Ltd is pleased to announce the appointment of The Hon. Mark Vaile as an independent director with effect from 30 July 2009. Mr Vaile, an Australian was the former Deputy Prime Minister of Australia and resides in Sydney, New South Wales. Among his other directorships, Mr Vaile is also a Director of Virgin Blue and was in the property business prior to joining politics in 1993…
  5. a-iTrust: Distribution Per Unit For First Quarter Of FY 2009/10 Grew 25% Year-on-Year. – Ascendas India Trust reported the results for the first quarter ended 30 June 2009 of the financial year 2009/10. a-iTrust’s portfolio demonstrated a resilient performance in 1Q FY2009/10 despite the global conditions remained difficult during the quarter. Total property income for the quarter was S$ 29.7 million, an increase of 4% from the corresponding quarter last year. Net property income was S$ 18.3 million or 15% higher. Cash generation remains strong, with distributable income for the quarter of S$ 15.7 million, registering a growth of 26% over the same period last year…
  6. Stamford Land: Profit After Tax Down 25% Versus Q1 FY 08/09 But Hotel Segment’s Operating Profit Up 45% On Q4 FY 08/09. – Stamford Land’s profit after tax decreased by 25% due to global financial crisis which kicked in Q3 FY 08/09. Q1 FY 09/10 profit increased 45% to $5.5 million over Q4 FY 08/09 owing mainly to effects of cost saving. Q1 FY 09/10 is normally low winter season of the year in Australasia. Our hotels in Adelaide and Auckland continued to perform strongly. The low contribution / sales from The Stamford Residences Auckland was due to the ongoing recession in New Zealand. The refinancing of a A$100 million facility is progressing well…
  7. Technics: 3Q FY2009 net profit surged 188% to S$2.16 million. – Technics Oil and Gas Limited announced an impressive set of results for the 3 months and 9 months ended 30 June 2009. In view of the strong financial performance, the Board of Directors proposed to distribute an interim dividend of 1.5 Singapore cents per share. The year-to-date dividend per share including the proposed interim dividend for the third quarter amounted to 2.75 Singapore cents. Total DPS for FY2008 was 2.0 Singapore cents…
  8. Tri-M: Gets Independent Shareholder Nod For The Acquisition Of Kingworld And The Diversification Into Crude Oil Business. – Tri-M Technologies (S) Limited has announced that its independent shareholders at an Extraordinary General Meeting held unanimously voted for and approved the Group’s proposed acquisition of the entire issued share capital of Kingworld Resources Limited at a purchase consideration of S$110.0 million by using S$20.0 million cash and 112.5 million new shares at S$0.80 each, the conversion of the controlling shareholder loan by issuing 15.0 million new shares at S$0.80 each, and the diversification of Tri-M’s business into crude oil exploration and production…
  9. Lion Asiapac: Proposed Joint Venture In Changshu Lion Enterprise Co., Ltd With Well Morning Limited. – Lion Asiapac Limited has entered into a joint venture contract with Well Morning Limited to co-invest in and operate Changshu Lion Enterprise Co., Ltd. Changshu Lion is a limited liability company which was incorporated in Changshu City, Jiangsu Province, PRC as a wholly-owned foreign enterprise to undertake real estate development. For the purposes of undertaking property development activities, Changshu Lion has acquired four pieces of land in Changshu City within the Changshu Southeast Economic Development Zone, with a total land area of 200,610 square metres…
  10. Mercator: Reports A Net Profit Of USD 10 Million. – Mercator Lines (Singapore) Limited announced a net profit of US$ 10.02 million for its first quarter ended June 30, 2009 registering a decline of about 57% as compared to US$ 23.24 million for the corresponding period in FY09. The Group`s revenues for Q1FY2010 declined by 31% to US$ 35.5 million from US$ 51.7 million in Q1FY2009. This drop in revenues and net profit is largely due to the decline in spot market day rates and renewal of long term contracts at rates lower than the previous rates…
  11. Asia Water: Chairman Statement on EGM Results. – On behalf of the board of directors, I thank shareholders for their show of support at the extraordinary general meeting held today. The majority voted against the resolutions called by EGN Nominees for the removal of four board directors. This outcome is a vote of confidence in the board’s leadership and what it has done to help the company through its financial distress. Shareholders also voted against aborting the proposed investment by SI Infrastructure to buy a majority stake in the company…
  12. Hisaka: Secures Medical Equipment Contract Worth SGD7 Million. – Hisaka Holdings Ltd. is pleased to announce that the Group’s wholly owned subsidiary, Hisaka (Singapore) Pte Ltd has been awarded a contract worth S$7.0 million to supply and deliver medical equipment to a customer in Singapore. The contract has been put into effect since 24 June 2009 and will last for a period of three years till 23 June 2012. The contract will have a positive impact on the Group’s financials over the financial years ending September 30, 2009, 2010 and 2011…

SG Companies News

  1. Bank lending stands at 7-month high in June – BANK lending rose in June to the highest level in seven months as growth in home loans accelerated even as lending to businesses continued to slow.
  2. Great Eastern Q2 net profit rises to $97.7m – GREAT Eastern Holdings’ net profit rose to $97.7 million in the second quarter from $15.7 million a year earlier, as a rebound in equity and fixed-income markets boosted its insurance fund profits.
  3. SIA may cut more capacity if needed – SINGAPORE Airlines Ltd (SIA), the world’s second-biggest carrier by market value, may consider further capacity cuts after saying that it may have its first annual loss in 24 years.
  4. Fewer tourists, H1N1 take toll on CDLHT in Q2 – CDL Hospitality Trusts (CDLHT) has posted a 36.8 per cent year-on-year fall in its second-quarter distributable income to $15.8 million, dragged down by lower tourist arrivals and the impact of the H1N1 outbreak.
  5. CapitaLand shares slip 4.3% on news of bond issue – CAPITALAND’S share price closed 4.3 per cent lower yesterday after the property group announced its $1.1 billion seven-year convertible bond (CB) issue due in 2016.
  6. Top Thai broker Kim Eng’s Q2 net profit jumps 35% – KIM Eng Securities, Thailand’s largest broker, reported a 35 per cent rise in second-quarter earnings yesterday, thanks to a jump in average daily trading volume, slightly above market expectations.
  7. No minority support for Kingboard Copper exit offer – SMALL shareholders say that an exit offer for Kingboard Copper Foil is too low and doesn’t value the company fairly, according to two people who attended what was described as a ‘hostile and emotional’ shareholders’ meeting yesterday.
  8. SMRT Q1 net rises 19.6% – BOLSTERED by higher operating profits, SMRT Corp posted a 19.6 per cent year-on-year jump in net profit to $48.2 million for the first quarter of FY2010 ended June 30, 2009.
  9. SingTel’s Optus launches 2b euro note programme – SINGAPORE Telecommunications yesterday said that wholly owned Optus Finance Pty has set up a two billion euro (S$4.1 billion) medium-term note programme.

Latest SGX Listed Companies News

Latest SGX Companies Stock Market News

Posted by admin on July 26, 2009 under Articles | Be the First to Comment

Singapore Listed Company News

Qian Hu: Reply To Management Online Q&A With Investors. – Dear Jayster, you wrote: Hi Kenny, Notable set of 2Q09 results. Well done! I would like to ask some questions about your India JV with Messrs Star Agencies. Can you give us some background about your India partners? How did you get to know them and what value do they bring to the table in the JV? I personally do not think India is a good market for ornamental fish as most of the country is in poverty. I think they would rather eat fish than rear it. What do you think…

Cosmosteel: Extension Of Supply Agreement With ExxonMobil Asia Pacific Pte. Ltd. – Cosmosteel Holdings Limited is pleased to announce that Kim Seng Huat Hardware Pte Ltd, the wholly-owned subsidiary of the Company, has recently secured an extension of a contract to supply Exxonmobil Asia Pacific Pte. Ltd. with pipes, fittings and flanges. Pursuant to the renewed supply agreement, KSH will continue to supply materials to Exxonmobil up to 31 July 2010 at revised prices. The Group expects the contract to continue to contribute to the Group’s revenue for the last quarter of FY2009 and the first three quarters of FY2010…

CapitaMall Trust: Achieves 15.8% Higher Second Quarter 2009 Distributable Income Year-on-Year. – CapitaMall Trust is pleased to announce a distributable income of S$67.9 million for the Second Quarter 2009, which is S$9.3 million or 15.8% higher than S$58.6 million for the Second Quarter 2008. CMT remains committed to maintain an annual 100% distribution payout. Unitholders can expect to receive their Second Quarter 2009 distribution of 2.13 cents per unit on 28 August 2009. The Books Closure date is on 3 August 2009…

Cambridge: Reports 4.2% Growth On DPU For The Second Quarter Of 2009. – Cambridge Industrial Trust is pleased to announce a distribution of 1.345 cents per unit for the quarter 1 April 2009 to 30 June 2009. Our second quarter result reflects the strength of leases and stability of cashflow. DPU has increased 4.2% from the first quarter while our portfolio occupancy has increased 0.3% Q-o-Q to 99.5%. This is consistent with our proactive asset management strategy which involves working closely with our tenants to identify value adding opportunities…

OSIM: Plans To Open More Outlets In China. – OSIM would like to provide further information on plans to open outlets in China. As of 30 June 2009, the Group has about 200 OSIM outlets and 18 RichLife in China. The Group has identified potential growth opportunities in China. Subject to the prevailing economic environment and consumer demand, the Group plans to open between 50 to 80 OSIM outlets per year within the next 3 to 5 years and plans to add another 60 to 100 nutritional supplement outlets per year under the RichLife brand…

CCT: Quill Capita Trust’s 2Q 2009 Profit After Taxation Up By 19.8%, Achieved DPU Growth Of 12.5%. – Quill Capita Trust is pleased to announce that QCT has achieved a profit after taxation of RM8.09 million for the second quarter ended 30 June 2009. This is an increase of 19.8% compared to the RM6.75 million reported for the corresponding quarter in 2008. Profit after taxation for the first half of the financial year 2009 rose by 11.5% to RM15.44 million from RM13.85 million in the same period last year…

Yanlord: Launches Inaugural Batch Of 636 Apartment Units At Nanjing Yanlord Yangtze Riverbay Town Phase 1; Contracted Pre-Sales Of RMB 1.15 Billion Recorded For Initial 597 Units Sold. – Yanlord Land Group Limited announced that it had sold approximately 94% or 597 of the 636 apartment units in Nanjing Yanlord Yangtze Riverbay Town Phase 1 that were launched on 18 July 2009. Average selling price of approximately RMB15, 000 per square metre was achieved for the 76,600 sqm gross floor area launched…

Tat Seng: MoU With Shangdong Weihai New Industrial District Administrative Committee. – Tat Seng Packaging Group Ltd wishes to announce that the Company had entered into a non-binding memorandum of understanding with Shangdong Weihai New Industrial District Administrative Committee of the People’s Republic of China pursuant to which the parties have proposed to build a corrugated plant for production of corrugated boards, corrugated cartons and other packing products in the Shandong Weihai New Industrial District. Under the MOU, the Company has proposed an total investment of USD20,000,000/- over certain number of years…

CRCT: 2Q 2009 DPU Increases By 14.1% Year-on-Year. – CapitaRetail China Trust is pleased to announce a distributable income of S$12.0 million for the financial period from 1 April 2009 to 30 June 2009. The actual income available for distribution in 2Q 2009 is S$12.8 million. To be prudent, the manager has retained 6.3% of the amount or S$0.8 million. The manager remains committed to distribute 100% of the total income available for distribution for the full financial year ending 31 December 2009…

First REIT: 2Q 2009 Distributable Income Up 1.5% To S$5.3 Million. – First Real Estate Investment Trust announced that its distributable income for the three months ended 30 June 2009 rose 1.5% to S$5.3 million. The latest quarterly results confirm First REIT’s resilient rental revenue structure. First REIT’s distribution per unit also rose 0.5% to 1.92 Singapore cents. Based on its closing price of S$0.675 on 21 July 2009 and the annualised DPU of 7.66 Singapore cents, First REIT registered a distribution yield of 11.3% at the end of the period…

Rotary: Secures S$48M Contract To Build Ammonia Storage Tank And Facilities In Thailand. – Rotary Engineering Limited has inked an Engineering, Procurement and Construction deal totalling S$48 million with Thailand’s PTT Tank Terminal Company Limited for the PTT Tank Terminal Project. The contract was secured through Rotary’s Thai unit, REL-TREL Joint Venture, for the construction of an ammonia storage tank and facilities at Map Ta Phut petrochemical hub at Rayong Province, Thailand…

Rotary: Awarded Contracts Totalling S$36 Million For Works At Neste Oil’s Tuas Plant. – Rotary Engineering Limited has signed two contracts totalling S$36 million with Neste Oil Singapore Pte Ltd to undertake works at Neste’s S$1.2 billion NExBTL Renewable Diesel Plant in Tuas. The contracts relate to electrical and instrumentation works as well as mechanical, piping, painting and steel structures works. Rotary will be working with Technip Singapore Pte. Ltd., the party appointed to manage all construction contracts on behalf of Neste Oil…

SG Companies News

Gates Electronics in $105m reverse takeover – IN a season where S-chips have got a bad rap, Gates Electronics is hankering to become an S-chip. It is the first firm this year to have obtained shareholder approval to list a firm with operations in China via a $105 million reverse takeover deal.

Chartered posts US$42m Q2 net loss – CHARTERED Semiconductor Manufacturing has gained more ground along its recovery trek despite staying in the red for its second quarter.

Keppel big winner at workplace safety awards – DESPITE a busy 2008 churning out rigs for the global oil and gas industry, Keppel Corp’s offshore and marine (O&M) division maintained high safety standards, making it a big winner at the Annual Workplace Safety and Health (WSH) Awards held yesterday by the WSH Council and the Ministry of Manpower.

SingTel move to better protect shareholders – SINGAPORE Telecommunications (SingTel) has reduced the amount of shares it can issue without additional shareholders’ approval from 10 per cent to 5 per cent.

CapitaMall‘s Q2 distributable income up 15.8% to $67.9m – AFTER weathering half a year of bleak retail news, CapitaMall Trust’s (CMT) distributable income rose 15.8 per cent to $67.9 million for the second quarter of 2009, year-on-year.

Take up PetroChina’s SPC offer: IDs – SHAREHOLDERS of Singapore Petroleum Company (SPC) should accept the takeover offer by PetroChina, SPC’s independent directors said yesterday on the advice of the independent financial adviser (IFA).

Fragrance Group buys two more properties – PROPERTY and hotel firm Fragrance Group has bought two more properties, taking the total value of its acquisitions in the past month to close to $100 million. The company yesterday announced the acquisition of a 4,453-square-metre plot of land on Telok Kurau Road for $36.5 million and a 2,056-sq-m freehold site on Pasir Panjang Road for $23 million. The company’s two other acquisitions since mid-June cost a total of $33.51 million.

Financial help for former Sesdaq firms – THE Singapore Exchange (SGX) is offering financial assistance and more time to former Sesdaq companies to help them stay listed under the sponsor-supervised Catalist regime that replaced Sesdaq in December 2007.

Etika to buy Viet dairy firm for US$8.5m – ETIKA International is poised to enter Vietnam’s food and beverage market by acquiring a dairy company in Ho Chi Minh City for US$8.45 million. The sale-and-purchase agreement for a 100 per cent equity interest in Tan Viet Xuan (TVX) was announced yesterday.

Updated Listed Companies News

Singapore Companies Stock Market News

Posted by admin on July 18, 2009 under Articles | 2 Comments to Read

Yanlord: Breaks Ground For Its RMB 4.0 Billion Landmark Integrated Development – Zhuhai Yanlord Marina Centre; Extends Leading Presence Within The Pearl River Delta Region. – Yanlord Land Group Limited announcedthe ground-breaking for its RMB 4.0 billion integrated residential and commercial development in Zhuhai, China – Zhuhai Yanlord Marina Centre. Conducted amidst much fanfare, the ground-breaking ceremony signifies the beginning of the development of approximately 300,000 square metre gross floor area of integrated residential and commercial development consisting of high-end residential apartment units, retail mall, Grade A office space and a five-star hotel…

A-REIT: Achieved 15.8% Year-On-Year Increase In Net Property Income For 1Q FY2009/10. – Ascendas Real Estate Investment Trust is pleased to announce a Net Property Income of S$80.7 million for 1QFY09/10 which is 15.8% higher than 1QFY2008/09 due mainly to an enlarged portfolio. Distribution per unit of 3.62 cents, based on a larger unitholder base, compares favourably to a proforma DPU of 3.07 cents in 1QFY08/09 taking into account units issued as at 30 June 2009…

Midas: Share Placement Meets With Overwelming Response; S$90.6 Million Raised To Fund Expansion Plans. – Midas Holdings Limited is pleased to announce that it has successfully raised gross proceeds of S$90.6 million through a private placement of 120 million new ordinary shares representing 14.2% of the existing share capital of the Company, at the price of S$0.755 per share. The placement received strong demand from investors, including tier one global funds, long and hedge funds and support from existing shareholders…

Ezra: Enters Next Expansion Phase With Vibrant New Strategy That Will Pump Up Growth. – Ezra Holdings Limited has unveiled a vigorous new strategy that will ramp up growth, to fully mine the Group’s assets and propel it forward into its latest expansion phase. Ezra aims to significantly enhance its value-add across the Group by layering even more services onto the manifold offerings already provided by its young and sophisticated fleet. By doing so, it will be able to offer customers complete solutions and widen its operations in ways that go far beyond the acquisition of new assets…

ECS Holdings: Appoints China’s ICT Industry Veteran Mervyn Mao As Chief Executive Officer, ECS CHINA To Accelerate Growth. – ECS Holdings Limited announced a new appointment to boost its senior executive management team. The Group has appointed a 20-year veteran of China’s ICT industry, Mr Mervyn Mao, as the new Chief Executive Officer of the Group’s 100%-owned China subsidiary, ECS Technology (China) Limited. Mr Mao’s appointment underscored the Group’s focus on channelling more resources to drive continued growth in its single largest and most important market, China, which accounted for 51% of Group revenue and 48% of Group profit before interest and tax for FY2008…

Design Studio: Wins S$27.03 Million Contract From One Of The Largest Township Developments In Abu Dhabi. – Design Studio Furniture Manufacturer Ltd has successfully clinched a contract from one of the largest urban development projects in Abu Dhabi. The Group secured a S$27.03 million residential project at Rihan Heights within a township development called Arzanah located at the capital of United Arab Emirates, Abu Dhabi. Arzanah is conceived by world-renowned award-winning master planner Sasaki Associates of the USA and SMC Alsop of the UK. This new township, developed by Capitala, a joint venture between Capitaland and Mubadala, is a USD$6 billion development on Abu Dhabi island…

StarHub: Terry Clontz To Retire As CEO In January 2010. – StarHub Ltd announced that Terry Clontz will retire as its CEO in January 2010, but he will continue as a Director with the Group. Succeeding him as CEO is telecommunications industry veteran, Neil Montefiore. Terry, 58, joined StarHub in January 1999 as its founding President and CEO. He also serves as a Director on StarHub’s Board…

Swiber: Invite You To Our First WalktheTalk Seminar On 27th July 2009. – WalktheTalk is Swiber’s avenue and venue for learning and inspiration. We want to harness the endless source of ideas and inspiration that is inherent in the human spirit. We believe in the power of talk and its ability to make us take the first step towards the right direction and towards new and exciting journeys…

Advanced: Successfully Clinches S$17.0 Million In Refinery And Petrochemical Contracts. – Advanced Holdings Ltd. announced that it has successfully secured three new contracts totaling approximately S$17.0 million. Two of these projects, which were awarded to Advanced by the PRC’s largest oil and gas producer, Petrochina, are for petrochemical plants located in the country’s Sichuan and Liaoning Provinces, while the third is for an oil refinery, owned by India’s flagship national oil company and downstream petroleum major, Bongaigaon Refinery and Petroleum Limited., in Assam, India…

SPH: Reports Third Quarter Net Profit Of $127 Million. – Singapore Press Holdings Limited reported its results for the third quarter ended 31 May 2009. Recurring profit declined marginally by 2.8% to $131.3 million. The Group’s investment portfolio recorded a gain of $17.6 million compared to $25.7 million in the corresponding quarter last year. Overall, net profit of $126.7 million was lower by 5.0% compared to $133.4 million achieved in the corresponding quarter last year…

Midas: Secures Additional Fabrication Contract Worth RMB48 Million. – Midas Holdings Limited is pleased to announce that its Aluminium Alloy Division, Jilin Midas Aluminium Industries Co., Ltd has secured an aluminium alloy train car body fabrication contract worth RMB48 million. Awarded by Changchun Railway Vehicles Co., Ltd, the contract involves the provision of fabrication and welding services for large component panels used in the flooring, sides, front, back and roofing of metro train cars. The contract value represents solely processing fees for fabrication and welding services…

HG Metal: Business Associates To Snap Up S$22.5 Million New Shares. – HG Metal Manufacturing Limited has entered into 11 separate subscription agreements to allot and issue an aggregate of 225,000,000 new ordinary shares in the capital of the Group. The total consideration would amount to S$22.5 million. When completed, the subscription will increase the existing issued share capital of HG Metal from S$89.5 million comprising 550,671,962 shares to S$112.0 million comprising 775,671,962 shares…

SG Companies News
Bid to delist CK Tang hits another road block – IT’S not victory yet for the Tang brothers looking to delist CK Tang in their third attempt.

A-Reit’s Q1 property income up 15.8% – ASCENDAS Real Estate Investment Trust (A-Reit) yesterday posted a net property income of $80.7 million for its first quarter ended June 30, 2009. This is 15.8 per cent more than that a year ago, due mainly to contributions from a bigger portfolio.

Guangzhao appoints agent to sell assets – TROUBLED S-chip Guangzhao Industrial Forest Biotechnology Group yesterday announced the appointment of a non-exclusive agent as part of its bid to pay its bills. Ferrier Hodgson in Shanghai will facilitate and administer the sale of part of Guangzhao’s forestry assets.

Wong Pakshong gives up another directorship – BANKING veteran Michael Wong Pakshong has relinquished another directorship – this time with Bukit Sembawang Estates.

OSIM price surge sparks query – A SPIKE in price and unusually high trading activity for OSIM’s shares – less than a week before the release of the company’s Q209 financial results – sparked a query from the Singapore Exchange (SGX) yesterday.

Best World sets up China unit – HEALTH and wellness company Best World International has incorporated a subsidiary in China with registered capital of US$12 million.

Tough times ahead for refiners – REFINERS will face tough times until demand for oil products starts to recover, Fitch Ratings has warned.

OUE expects Q2 net loss – OVERSEAS Union Enterprise (OUE) said it will report a net loss for its second-quarter results as it writes down two development properties in its portfolio.

Cambridge Reit drops purchase of property – CAMBRIDGE Industrial Trust is not taking up an option to buy and lease back a $55.2 million industrial property at Tai Seng Street.

MAP Tech posts Q2 net loss – MAP Technology Holdings yesterday reported a net loss of US$21.5 million on revenue of US$38.9 million for the second quarter to June 30.

Profit warnings from four companies – AT LEAST four companies yesterday issued profit warnings. HLN Technologies said it expects to report a ‘significant loss’ for the financial year to June 30.

Reits seen posting lacklustre Q2 results – REAL estate investment trusts (Reits) are expected to report lacklustre earnings for the second quarter on the back of falling occupancies and rents across their portfolios.

Check this daily at : Singapore Companies Stock Market News