KOP Limited

The consideration will be funded by internal cash resources.

KOP group CEO Leny Suparman says the monies will generate a healthy cash inflow for the company.

The consideration will be paid in cash.

The price of the unit is the same price as the one offered to the public.

With the Covid-19 outbreak, KOP warns that tourism will slow. Progress for KOP’s Wintastar Shanghai resort, which is undergoing construction, “will inevitably be slow” too.

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.

SINGAPORE (Dec 15): Cityneon Holdings has entered into a sale and purchase agreement to acquire the entire 100% interest in Scorpio East Properties from Catalist-listed KOP Limited for $2.9 million.

SINGAPORE (April 7): Here are some stocks that could move the market this Friday morning.

SINGAPORE (April 7): Epic Land, the consortium led by Lian Beng Group, is selling away what could be the last eight strata office units spanning 55,711 sf in Prudential Tower.

SINGAPORE (Feb 13): KOP Limited sunk to a loss of $667,000 in 3Q17 from earnings of $231,000 in 3Q16.