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ISOTeam
Results
ISOTeam sinks into the red in 4Q with loss of $2 mil
SINGAPORE (Aug 27): ISOTeam, the facilities management specialist, recorded a loss of $1.99 million in 4Q18, compared to earnings of $1.38 million in 4Q17.
August 27, 2018
ISOTeam announces $46.6 mil mega-contract win
SINGAPORE (May 24): ISOTeam says it recently secured seven new contracts amounting to $52.58 million, including a $46.54 million mega-contract.
May 24, 2018
Broker's Calls
RHB keeps ISOTeam at 'buy' despite 52% drop in 3Q earnings to $0.48 mil
SINGAPORE (May 17): ISOTeam on May 11 announced that its 3Q18 earnings have dropped by 52% to $0.48 million from $1.0 million in 3Q17.
May 17, 2018
ISOTeam wins 26 projects worth $24.2 mil from Town Council and HDB among others
SINGAPORE (Feb 26): ISOTeam, the local repair and redecoration (R&R) and addition and alteration (A&A) specialist for residential apartment blocks, secured 26 projects worth a total of $24.16 million that are expected to be completed between April 2018 an
February 26, 2018
Broker's Calls
ISOTeam to make up for latest earnings shortfall with a stronger 2H: RHB
SINGAPORE (Feb 15): RHB is maintaining its “buy” call on ISOTeam with an unchanged target price of 46 cents following the announcement of its proposed divestment of a 34.1% stake in its M&E arm for $3 million.
February 15, 2018
Broker's Calls
Room for ISOTeam to 'play catchup' in 2H18: UOB
SINGAPORE (Feb 13): UOB Kay Hian is maintaining its “buy” recommendation on ISOTeam on expectations the group should see a catchup in revenue in 2H18.
February 13, 2018
M&A
ISOTeam to sell 34.1% stake in subsidiary to Japan's Taisei Oncho
SINGAPORE (Feb 13): ISOTeam is proposing to sell a 34.1% stake in its wholly-owned subsidiary ISO-Integrated M&A to Japan-listed Taisei Oncho (TOC) for $3 million, with the intention to subsequently establish a joint venture (JV) with TOC to strengthen it
February 13, 2018
Results
ISOTeam posts 39% decline in 2Q earnings to $1.9 mil
SINGAPORE (Feb 12): ISOTeam announced 2Q18 earnings fell 38.9% to $1.89 million compared to $3.09 million in 2Q17.
February 12, 2018
Broker's Calls
ISOTeam off to a good start for FY18
SINGAPORE (Nov 13): RHB is maintaining its “buy” call on ISOTeam with a target price of 46 cents following the group’s positive 1Q18 results.
November 13, 2017
Results
ISOTeam posts 55% higher 1Q earnings of $1.5 mil
SINGAPORE (Nov 10): ISOTeam, the repairs, maintenance and estate upgrading service provider, has posted earnings of $1.5 million for the first quarter ended Sept, up 54.6% from its earnings of $1 million in 1Q17 on higher revenue.
November 10, 2017