Mainboard-listed OKP Holdings, one of the leading infrastructure and civil engineering firm, has landed a $22 million contract from the PUB, the national water agency, for road-raising works in the Orchard Road area.
Posts Tagged ‘Holdings’
OKP Holdings wins $22m PUB contract for road-raising works along Orchard Road
October 26th, 2010 |
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Vallianz Holdings turns around with half-year net profit
October 25th, 2010 |
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Vallianz Holdings, the vessel owning company, reported it achieved a turnaround in net profit of US$42,000 ($54,239) in in the half year ended September 30, 2010 (HY 2010) from a loss of US$545,000 in the half year ended September 30, 2009 (HY 2009).
it also achieved a 25-fold surge in revenue to US$306,000 in the half year ended September 30, 2010 (HY 2010) from US$12,000 from HY 2009.
OKP Holdings posts 13% rise in 3Q net profit to $4.5m
October 25th, 2010 |
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Mainboard-listed infrastructure and civil engineering company OKP Holdings says net profit for the third quarter ended 30 September 2010 increased to $4.5 million, up $0.5 million or 13% from the previous corresponding period.
Group revenue strengthened 4% or $1.5 million to $36.6 million compared to $35.1 million generated in the third quarter of the year before.
Higher revenue was largely a result of a 8% increase in the construction segment but lower contributions from the maintenance segment.
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China Merchants Holdings (Pacific) reports net profit of $10.4m in 3Q
October 22nd, 2010 |
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Mainboard-listed China Merchants Holdings (Pacific) has announced a net profit after tax of HK$62.1 million ($10.4 million) for the third quarter ended 30 September 2010, down 39% from the HK$102 million recorded in the previous corresponding quarter. For the first nine months of 2010, net profit after tax decreased by 11% to HK$235.1 million from HK$264.1 million a year ago.
The group’s pre-tax profit in 3Q10 was down 39% on the corresponding period of the previous year. Pre-tax profit for the nine months ended 30 September 2010 saw a decline of 12% from the corresponding period last year to reach HK$243.2 millon.
Hisaka Holdings rated ‘increase exposure’ by SIAS Research
October 22nd, 2010 |
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SIAS Research in an Oct 21 research report says: “HISAKA became the latest firm to take advantage of higher market valuation overseas by seeking a listing of depository receipts.
Swissco Holdings – Corporate moves
October 21st, 2010 |
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Yeo Kian Teong Alex has been appointed ED wef Oct 15
Work experience: Director/group CEO, Swissco Group of Companies
Auswin Holdings – Corporate moves
October 19th, 2010 |
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Soong Kok Meng has been appointed ED wef Oct 18
Work experience: Regional sales manager, Healthstats Int’l Pte Ltd; technical marketing manager, Arkema Pte Ltd; marketing manager, Ikea Trading SA
STX Group files IPO prospectus for STX OSV Holdings in Singapore
October 18th, 2010 |
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STX Group filed the prospectus for the initial public offering of its STX OSV Holdings unit on the website of the Monetary Authority of Singapore today. Goldman Sachs Group Inc. is the sole coordinator of the IPO.
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Jaya Holdings rated ‘buy’ by DBS
October 15th, 2010 |
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DBS Vickers Securities in an Oct 14 research report says: “Jaya is an established builder and owner/operator of offshore support vessels. It has successfully emerged from a major debt restructuring exercise early this year.
Ezion Holdings +2.8% in good volume; Buy: OCBC
October 15th, 2010 |
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Ezion Holdings (5ME.SG) +2.8% at $0.74 at 10:52 a.m.; stock among SGX’s top-10 most traded today, still benefiting from news late Wednesday provider of marine logistics, support services to oil & gas industry has entered JV with Germany’s BBC Chartering for ownership of multi-purpose vessel, has chartered vessel to BBC for US$28 million ($36.3 million) over 6 years, says Dow Jones.
OCBC cuts Midas Holdings to Hold, trims target
October 14th, 2010 |
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OCBC Investment Research downgrades Midas Holdings (5EN.SG) to Hold from Buy on valuation grounds, cuts target price to $1.05 from $1.29 to account for dilution stemming from train parts supplier’s recent Hong Kong IPO; “we are turning cautious on the stock at current levels, and prefer to seek more attractive entry levels as we await the group’s 3Q10 results and clarity over its expansion plans.”
Says while capacity increase positive given overwhelming industry demand in China, expectations already captured in share price.
Stock flat at $1.00.
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Kim Eng Holdings sells $120m of 2.2% bonds due in 2011
October 13th, 2010 |
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Kim Eng Holdings sold $120m of 2.2% bonds due in Oct. 2011, according to data compiled by Bloomberg.
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ECS Holdings +7.7% on TDR plan; cap at $0.605
October 13th, 2010 |
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ECS Holdings (E18.SG) +7.7% at $0.56 on above-average volume as players hopeful of greater interest as supplier of IT services, hardware seeks to list TDRs, says Dow jones.
Kim Eng said to plan to hire banks for Singapore dollar bonds
October 13th, 2010 |
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Kim Eng Holdings, a Singapore- based stock broking firm, hired DBS Group Holdings and Standard Chartered Plc to help it sell $80 million of notes which mature in October 2011, according to a person familiar with the matter.
The notes, which may price as early as today, will be marketed to yield about 2.25%, the person said, asking not to be identified as details are private.
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Asia Silk Holdings – Corporate moves
October 12th, 2010 |
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Augustine A/L T.K. James has been appointed independent director/audit committee member wef Oct 7
Work experience: Public accountant, Messrs James & Co
Tiger Airways Holdings downgraded to ‘neutral’ by DMG
October 11th, 2010 |
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DMG & Partners Securities in an Oct 8 research report says: “Last week, Tiger cancelled 40 flights in four days when two of its aircrafts were grounded. Our FY2011 revenue forecast is reduced by 0.5% to $716.9 million on the back of lower passenger numbers.
Hu An Cable Holdings rated ‘buy’ by Phillip Securities
October 11th, 2010 |
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Phillip Securities Research in an Oct 8 research report says: “Hu An manufactures and sells various cables and wires out of Yixing, which houses the “biggest wire and cable manufacturing base in the PRCâ€.
Kreuz Holdings bags $10m subsea installation works contract
October 6th, 2010 |
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Kreuz Holdings, the subsea service provider for the oil and gas industry, today says that a subsea installation contract worth US$7.6 million ($10 million) was signed with a leading offshore construction company in the oil and gas business located in the Middle East. The scope of work comprises mainly of subsea installation works, which is scheduled to be completed by Q2 2011.
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