Oxley Holdings

Property

Oxley acquires more land in Cyprus for development

SINGAPORE (Nov 7): Property group Oxley Holdings has acquired more two freehold land in the Mediterranean island resort of Cyprus for development.

Results

Oxley reports nearly sevenfold increase in 1Q earnings to $48.7 mil on higher revenue

SINGAPORE (Nov 1): Oxley Holdings saw earnings for 1Q18 surge nearly sevenfold to $48.7 million from $7.1 million a year ago on higher revenue.

Fintech

Artivision Technologies in reverse takeover of e-payment solutions provider for at least $80 mil

SINGAPORE (Oct 31): Artivision Technologies is transforming itself into an electronic payment solutions provider.

Oxley raises nearly $13 mil from treasury shares sale to 34 investors

SINGAPORE (Oct 17): Property developer Oxley Holdings managed to raise more than $12 million from the sale of treasury shares to 34 investors for working capital purposes.

Oxley in private placement of treasury shares to raise $13 mil for working capital purposes

SINGAPORE (Oct 12): Oxley Holdings is selling 22.7 million treasury shares at 59 cents each in a private placement to raise $13.4 million.

Surging Singapore land bids are unsustainable, warns president of developer's association

(Oct 4): Surging bids for Singapore land aren’t sustainable in a market constrained by demographics and the government’s cooling measures, according to the head of a developers’ association.

Broker's Calls

4 reasons why UOB is restarting coverage of Oxley with a 'buy'

SINGAPORE (Oct 3): UOB KayHian is restarting coverage of Oxley Holdings with a “buy” and target price of 67 cents, pegged at a 20% discount to its RNAV of 84 cents/share.

The Edge Billion Dollar Club

Oxley's foreign properties underpin earnings as it readies local portfolio for the future

SINGAPORE (Sept 24): Ching Chiat Kwong, executive chairman and CEO of Oxley Holdings was in a jovial mood when journalists from The Edge Singapore caught up with him on a rainy Friday evening recently. From a larger-than-average figure, Ching has slimmed

Would lowball UE takeover offer have galled Singapore’s pineapple king?

(Sept 13): If he were alive today, the rubber and pineapple king of 1930s Singapore would surely be asking whether the custodians of his empire just sold another chunk of it too cheaply.

Oxley to buy Yio Chu Kang Road property for $8.4 mil

SINGAPORE (Aug 30): Oxley Holdings announced Wednesday that wholly-owned subsidiary Oxley Garnet has exercised options to purchase six units at 208 Yio Chu Kang Road for a total price of $8.4 million.
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