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Jubilee Industries
Insider moves
Accrelist chairman buys more shares; RE&S starts buybacks
Jubilee Industries plans to redistribute proceeds from sale of stake in EG Industries to its shareholders as dividends
February 16, 2023
Company in the news
Terence Tea cleared of CPIB probe
The probe was disclosed back in March 2020
January 11, 2022
Company in the news
Jubilee to raise up to $2.94 mil in net proceeds via placement of shares and warrants
The investor taking up the most shares, or 14 million, is Ng Chuen Guan.
July 25, 2021
Regulatory Action
SGX RegCo's need for speed
While the Covid-19 pandemic rages, the regulator says it is focused on stepping up the pace of its process
March 27, 2020
Restructuring
Accrelist plans makeover, scrubs off electronics manufacturing for laser-like focus on aesthetics
SINGAPORE (Feb 7): Having just turned 52 years old, Terence Tea, executive chairman and managing director of Accrelist, does not look a day over 40. Proudly crediting his aesthetic doctor for helping to reverse his signs of ageing, Tea debunks the old att
February 07, 2020
Restructuring
Terence Tea reorganises stakes in Accrelist, Jubilee and EG
SINGAPORE (Dec 24): Terence Tea Yeok Kian, executive chairman of Accrelist, which is gearing up for expansion into the aesthetics business, is trying to reorganise his stakes in three of the separately-listed entities that he chairs, which also includes
December 24, 2019
Broker's Calls
Jubilee Industries on track for strong growth recovery in FY19: CGS-CIMB
SINGAPORE (Nov 27): Jubilee Industries posted 1H19 earnings of $2.57 million, more than triple that of $0.81 million in 1H18, mainly due to higher revenue and higher currency translation differences.
November 27, 2018
M&A
Jubilee Industries increases stake in EG Industries to 13.03%
SINGAPORE (Mar 12): Jubilee Industries Holdings is increasing its stake in its Malaysian associate, EG Industries Berhad from 11.72% to 13.03% for a consideration of RM1.95 million ($657,200).
March 12, 2018
M&A
Jubilee Industries acquires Honfoong Plastics for $3.5 mil
SINGAPORE (Dec 13): Jubilee Industries, the provider of electronics components and plastic injection moulds, is acquiring Honfoong Plastics industries for $3.5 million, to broaden the group's revenue stream.
December 13, 2017
Broker's Calls
Jubilee’s rights issue supports forecast of high revenue growth
SINGAPORE (Oct 13): NRA Capital continues to expect Jubilee Industries to stage a turnaround in FY18, starting with some profitability in 1H18 followed by higher returns in 2H18.
October 13, 2017