Geo Energy Resources

Commodities

Geo Energy confirms US$220 mil term loan from Bank Mandiri

Geo Energy aims to produce 25 million tonnes of coal a year from the acquired mine
Geo Energy Resources to spend up to US$200 million to double down on coal - THE EDGE SINGAPORE

Company in the news

Geo Energy Resources to spend up to US$200 million to double down on coal

The acquisition will give Geo Energy a 58.65% and 33% in a coal mining group and infrastructure company.
CEO Neo raises stake in GKE Corp; Geo Energy resumes buybacks - THE EDGE SINGAPORE

Insider moves

CEO Neo raises stake in GKE Corp; Geo Energy resumes buybacks

As at Nov 30, GKE's net asset value was 11.6 cents per share.

Company in the news

Amid spate of privatisation attempts, SIAS calls for IFA process to be improved

"More can clearly be done to protect the investing public when it comes to takeovers-cum-delistings"
Global Investments in active buybacks; ID Ong of Geo Energy halves his stake - THE EDGE SINGAPORE

Insider moves

Global Investments in active buybacks; ID Ong of Geo Energy halves his stake

As at March 31, the company’s net asset value per share was 16.01 cents

Results

Geo Energy reports 2HFY2022 earnings of US$56.6 mil, 56% lower y-o-y

A final dividend of 4 cents per share has been declared, bringing the total dividend for FY2022 to 9 cents per share.

Insider moves

Geo Energy resumes buybacks while buybacks for HRnetGroup continues

Geo Energy Resources expect coal prices to remain high on restocking demand

Results

Geo Energy Resources's 3QFY2022 earnings down 21% y-o-y, declares interim dividend

In view of its positive financial performance for 9MFY2022, the company is declaring an interim dividend of 1 cent per share.
Fund raises Raffles Medical stake; Geo Energy lead ID and shareholder lower stakes - THE EDGE SINGAPORE

Insider moves

Fund raises Raffles Medical stake; Geo Energy lead ID and shareholder lower stakes

Raffles Medical has been steadily buying back its own shares, while chairman Dr Loo Choon Yong bought as well
Geo Energy expects to achieve revenue of US$400 mil in 1H22 on the back of rising coal prices - THE EDGE SINGAPORE

Company in the news

Geo Energy expects to achieve revenue of US$400 mil in 1H22 on the back of rising coal prices

The company is expecting EBITDA close to US$200 million in 1H22.
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