Sakae Holdings

Sakae’s executive chairman sells partial stake at 95.3 cents each vs last traded price of 9.9 cents

After the completion of the proposed sale, Douglas Foo will have a remaining stake of 46.15% in Sakae.

July 19, 2023

Sakae Holdings clarifies share buy-back purchase price on Oct 27 was CFO's mistake

Following the realisation of the mistake, the company suspended the buying back of shares under the share buy-back mandate.

October 31, 2022

Management & Corporate Governance

Perennial unit filing claim against Sakae's ex-director Andy Ong over property acquisition

SINGAPORE (Oct 8): Perennial Real Estate Holdings’ associate TYN Investment (TYNI) has applied to the court seeking leave to start a claim for conspiracy against Griffin Real Estate Investment Holdings (GREIH) and Singaporean entrepreneur Andy Ong Siew

October 08, 2019

Broker's Calls

Sakae sinks into the red in 2Q as sales fall amid business streamlining

SINGAPORE (Feb 12): F&B group Sakae Holdings reversed into a loss of $0.55 million in 2Q19 ended Dec, from earnings of $0.99 million the year before.

February 12, 2019

Results

Sakae swings back to profitability with 1Q earnings of $0.3 mil on lower expenses

SINGAPORE (May 14): Sakae Holdings reversed out of the red with earnings of $0.3 million for the 1Q ended March on the back of lower expenses, compared to losses of $1.3 million a year ago.

May 14, 2018

Results

Sakae returns to profitability in FY17 on reduced expenses

SINGAPORE (Feb 15): Sakae Holdings concluded FY17 with $1.1 million in earnings, reversing from its losses of $12.6 million in FY16 on reduced expenses.

February 15, 2018