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Neo Group
Stocks To Watch
Del Monte Pacific, Ezra, Natural Cool, Neo Group, ZICO, Sysma
SINGAPORE (March 10): Here are some stocks that could move the market this Friday morning.
March 10, 2017
M&A
Neo Group in exclusive acquisition talks with manufacturer of cordials and syrups
SINGAPORE (March 9): F&B player Neo Group has entered into an exclusive dealing agreement in relation to a proposed acquisition of shares in of shares in Asia Farm F&B (AFF).
March 09, 2017
Broker's Calls
Neo Group’s profitability ahead hinges on food catering segment
SINGAPORE (Feb 10): RHB has downgraded its call on Neo Group from “buy” to “neutral”, lowering its target price on the stock to 61 cents from 80 cents previously on a weaker outlook for Singapore’s food catering industry.
February 10, 2017
Results
Neo Group’s 3Q earnings fall on absence of one-time gain
SINGAPORE (Feb 9): Neo Group, the food caterer, saw 3Q17 earnings fall to $0.1 million from $4.8 million in the absence of a $4.3 million one-time gain recognised in 3Q16 from bargain purchase on acquisition of subsidiaries.
February 09, 2017
Results
Neo Group’s 2Q earnings surge to $3 mil
SINGAPORE (Nov 11): Neo Group, the food caterer, saw 2Q earnings surge more than 40-fold to $2.9 million from $0.07 million a year ago, thanks to a one-time gain on disposal which amounted to $1.8 million.
November 11, 2016
Results
Neo Group swings into 1Q net loss on absence of one-time gain
SINGAPORE (Aug 4): Food caterer Neo Group swung into an attributable loss of $2.7 million for the 1Q17 ended June, compared to a profit of $0.2 million a year ago in 1Q16.
August 04, 2016
Neo Group says Halal certification for DeliHub renewed
SINGAPORE (June 29): Neo Group says wholly owned subsidiary, Deli Hub Catering, has received approval for the renewal application of the Muis Halal certificate from the Islamic Religion Council of Singapore.
June 29, 2016
Neo Group to buy 55% of U-Market for $1.9 mil' RHB reviewing 'buy'
SINGAPORE (June 14): Food caterer Neo Group on Monday announced it has agreed to acquire a 55% stake in U-Market Place Enterprise for $1.925 million.
June 14, 2016