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Results
Cityneon FY17 earnings hit record high of $17.4 mil
SINGAPORE (Feb 27): Cityneon has announced FY17 earnings of $17.4 million, which marks a historical record high for the group and is more than double of FY16’s earnings of $6.7 million on higher revenue.
February 27, 2018
Results
KOP swings back to black in 3Q with $7 mil earnings
SINGAPORE (Feb 14): KOP Limited is back in the black with $7 million of earnings for 3Q18, compared to its loss of $0.5 million a year ago on a near-tripling of revenue over the period under review.
February 14, 2018
Tech
'Rampant' video piracy sparks calls for a Singapore crackdown on illegal streaming from set-top boxes
SINGAPORE (Dec 4): Singapore, which prides itself on being a haven for law and order, is being called a haven for pirating copyrighted programming by entertainment titans such as Walt Disney, HBO, the National Basketball Association and the English Premi
December 04, 2017
Property
Heeton-led consortium acquires Dry Bar in Manchester for hotel conversion plans
SINGAPORE (Sept 12): A consortium comprising Heeton Holdings, KSH Holdings and Ryobi Kiso Holdings is acquiring Dry Bar, an entertainment venue in Manchester City, with a view to redevelop the property into a boutique hotel.
September 12, 2017
YuuZoo's European JV acquires business assets of Cinram Logistics France
SINGAPORE (Sept 4): YuuLog Europe, a joint venture (JV) company recently set up between YuuZoo Corp and the former management of Cinram Logistics France (CLF), has acquired the business assets of CLF, including a business that is expected to generate more
September 04, 2017
Broker's Calls
Why mm2 Asia remains a golden ‘buy’ even without cinema deal
SINGAPORE (Aug 14): DBS is reiterating its “buy” call on mm2 Asia after lowering its target price estimate on the stock to 60 cents from 75 cents previously to account for share dilution post its equity fundraising exercise, as well as the cancellatio
August 14, 2017
Results
mm2 sees 1Q earnings rise 30% to $6.4 mil on higher revenue
SINGAPORE (Aug 14): Entertainment group mm2 Asia has announced earnings of $6.4 million for the first quarter of FY18, up 30% from the $4.9 million in earnings it posted a year ago on higher revenue.
August 14, 2017
Broker's Calls
High revenue growth for this stock would not be unusual
SINGAPORE (Aug 11): NRA Capital is casting the spotlight on UnUsUal Limited as a stock that offers a “powerful mix of high growth and high profitability”, with a fair value estimate of 62.5 cents.
August 11, 2017
Tech
SoundCloud close to sale of stakes to Raine, Temasek
LOS ANGELES (Aug 2): SoundCloud Ltd. is close to selling stakes to the Raine Group and Temasek Holdings, deals that would help stabilize the owner of the popular music-streaming service, according to people familiar with the matter.
August 02, 2017
Bad news for Beliebers: Oct 7 National Stadium concert cancelled
SINGAPORE (July 25): UnUsUaL Limited has announced that Justin Bieber will no longer be performing at Singapore’s National Stadium on Oct 7 as planned.
July 25, 2017