Welcome!
Miyoshi
Electric vehicles
Miyoshi's EV JV in China in talks to revive operations
The investment of $17.7 million has been written off
April 14, 2023
Company in the news
Miyoshi-linked Core Power ordered by courts in China to pay RMB60.7 million
Miyoshi had already written off $17.7 million in its Core Power investment
July 17, 2022
Manufacturing
Miyoshi warns that loss of "major project" to hurt next year's EPS by 48.5%
The customer plans to consolidate its production presence.
September 08, 2021
Nam Cheong CEO sells 13.9 mil shares; Miyoshi’s second-largest shareholder pares stake
(Sept 30): This past week has seen some notable share disposals. On Sept 23, Leong Seng Keat, CEO of Malaysia-based oil and gas shipbuilder Nam Cheong, sold 13.9 million shares at 0.6 cent apiece on the open market. This reduced his direct interest to 0.0
September 27, 2019
M&A
Miyoshi acquires factory property at Tradehub 21 for $1.6 mil
SINGAPORE (Dec 7): Precision engineering firm Miyoshi is acquiring a property at 26 Boon Lay Way, #01-80 Tradehub 21, from Precision Tooling Company (PTC) for a consideration of $1.55 million.
December 07, 2017
Miyoshi to sell factory property for $7.8 mil
SINGAPORE (Oct 11): Precision engineering firm Miyoshi has entered into a sale and purchase agreement to dispose of its factory property at 5 Second Chin Bee Road for $7.8 million.
October 11, 2017
Results
Miyoshi swings back to profitability in 3Q
SINGAPORE (July 10): Miyoshi has swung back into profitability in the 3Q17 ended May with earnings of $0.41 million from a loss of $0.37 million a year ago.
July 10, 2017