Jubilee Industries Holdings

Deals, joint ventures & alliances

Accrelist subsidiary Jubilee Industries enters into shareholders' agreement with UPC Electronics

Shares in Accrelist and Jubilee closed at 3.7 cents and 2.7 cents respectively on Oct 12.
Jubilee Industries Holdings registers wider net loss for 2HFY2022 despite 59% growth in revenue - THE EDGE SINGAPORE

Results

Jubilee Industries Holdings registers wider net loss for 2HFY2022 despite 32.4% growth in revenue

This is mainly due to the fair value loss of the company’s investment in shares of EG Industries Bhd of $2.2 million.
Jubilee Industries Holdings' earnings surge over four times to $849,000 in 1HFY22 - THE EDGE SINGAPORE

Results

Jubilee Industries Holdings' earnings surge over four times to $849,000 in 1HFY22

The group says it expects to face continued headwinds including rising logistics and raw material costs.

Management & Corporate Governance

SGX RegCo issues notice of compliance to continuing sponsor RHT Capital over potential conflict of interest

RHT Capital is currently the continuing sponsor for 24 companies on the SGX Catalist board. But other firms under the RHT Group also provide legal and other services to certain sponsored issuers.

Broker's Calls

It's onward and upward for Jubilee Industries from here, says CGS-CIMB

SINGAPORE (June 1): CGS-CIMB Research is maintaining its “add” call on Jubilee Industries Holdings with an unchanged target price of 51 cents, in view of a strong earnings growth outlook post the group’s successful turnaround to net a profit in FY18

Broker's Calls

Accrelist's fintech businesses risky but can be rewarding: NRA

SINGAPORE (June 1): NRA Capital is rating Accrelist at “overweight” with a fair value of 1.2 cents but has classified the stock pick as “high risk” as the new businesses are still in the infancy stage.

Broker's Calls

FY18 could be a turnaround year for Jubilee Industries, says CIMB

SINGAPORE (Mar 12): CIMB is starting coverage of post-restructured Jubilee Industries at “add” with a target of 5.1 cents.
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