Neo Group

SINGAPORE (Feb 13): Neo Group, the integrated food solutions provider, recorded 3Q18/19 earnings of $1.7 million, 17.7% lower than $2.1 million in 3Q17/18.

SINGAPORE (Nov 28): RHB is ceasing its coverage on events F&B caterer Neo Group due to low interest and trading liquidity of the stock.

SINGAPORE (Sept 10): Neo Group is acquiring a 51% stake in Ye Liang How Catering Service or How’s Catering for $4.4 million.

SINGAPORE (May 23): Neo Group has reported a 7.8% fall in 4Q18 earnings to $2.49 million from $2.70 million in 4Q17.

SINGAPORE (Apr 16): Neo Group announced that it will be acquiring a 51% stake in Lavish Dine Catering for $1.79 million.

SINGAPORE (Feb 9): RHB is maintaining its “neutral” call on Neo Group with a target price of 64 cents, given the group’s 3Q18 results came in line with the house's expectations.

SINGAOPORE (Feb 7): Neo Group says 3Q earnings surged to $2.08 million from $0.13 million a year ago which recorded a one-off loss on disposal of 14 Senoko Way for $5.2 million.

SINGAPORE (Jan 8): Neo Group has set its eyes on becoming Singapore's largest "tingkat king" or tiffin carrier meal specialist in Singapore.

SINGAPORE (Nov 29): At the recent People’s Action Party (PAP) convention on Nov 19, Prime Minister Lee Hsien Loong said that “raising taxes is not a matter of whether, but a matter of when”.

SINGAPORE (Nov 22): Food caterer Neo Group is in exclusive talks to potentially acquire undisclosed stakes in Jil & Yellowtail and Li Xin (1968) @ ION from their owners, Ng Hui Hui Rebecca and Lim Swee Meng.