Singapore’s benchmark Straits Times Index (.FTSTI) rose 0.3% on Friday to end at 2,988.5 points. Asian stocks are set to rise on Monday, as Wall Street hit a 19-month high on easing fears over the impact of healthcare reform and strong data boosting energy and building stocks. Here are some stocks and flowers to track:
Posts Tagged ‘guocoland’
Guocoland to double China property investment on state curbs
April 22nd, 2010 |
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Guocoland, the developer controlled by Malaysian billionaire Quek Leng Chan, said China’s efforts to avert a property bubble has encouraged the company confidence to double its investment in the country, reported Bloomberg.
Guocoland, whose projects combine shopping malls, apartments, offices and hotels, said a year ago it planned to invest 33 billion yuan ($6.6 billion) in new commercial properties in China.
Feb 8:, Genting, Tuan Sing, Wing Tai, Guocoland, China Hu An Cable
February 8th, 2010 |
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Singapore’s benchmark Straits Times Index (.FTSTI) fell 2.24% to close at 2,683.56 points last Friday. US stocks erased a midday drop to end slightly higher last Friday, closing out a volatile week punctuated by mixed signals from the labour market data and growing anxiety over fiscal problems in Europe. Here are some stocks to watch:
Guocoland net profit soars to $60.4m for 2Q
February 5th, 2010 |
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Developer Guocoland reported a net profit of $60.4 million for the second quarter ended Dec 31 2009, compared to $0.9 million in the previous corresponding period. The company has a June year-end.
United Fiber secures $191m condo building contract from GuocoLand Group
January 7th, 2010 |
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United Fiber System says wholly-owned subsidiary Poh Lian Construction has been awarded a building contract from the GuocoLand Group to build a 12-storey condominium development at Bukit Timah Road.
The project is worth $191 million and the construction period is 30 months.
The project is expected to contribute positively to the group in 2010.
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GuocoLand Group says it sold 99% or 178 units of Nanjing Ascot Park in Phase 2A
October 26th, 2009 |
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GuocoLand Group says it sold 178 of the 180 units in Ascot Park in Nanjing city under Phase 2A.
On Oct 24, 25, GuocoLand China launched Phase 2A of Ascot Park comprising 180 units of 2, 3 and 4-bedroom units with sizes ranging from 90 to 150 square metres.
The weekend launch received overwhelming response with buyers snapping up 96% or 173 units.
GuocoLand posts net of $12.4m for 1Q: Headline corrected
October 16th, 2009 |
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Developer GuocoLand says the group reported a net profit of $12.4 million for the first quarter ended Sept 30, 2009 compared to a net loss of $2.8 million in the previous corresponding period. Gross profit was $31.7 million primarily contributed by property development projects in China.
The group’s revenue fell 37% to $95.7 million from $153.1 million respectively compared to the previous corresponding period.