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Investing ideas

Will Far East Hospitality Trust's business pick up after a slow 1H19?

SINGAPORE (July 31): Sentosa Island, playground for Singapore's rich and famous with its luxury resorts, Michellin-starred restaurants and multmillion-dollar condos, saw the official launch of two new hotels – The Village Hotel and The Outpost Hotel

Results

Hi-P Int posts 5.7% increase in 1Q earnings to $10.7 mil

SINGAPORE (May 2): Hi-P International announced 1Q19 earnings increased by 5.7% to $10.7 million, compared to $10.1 million in 1Q18.

Results

UOI 1Q earnings more than double to $11.4 mil

SINGAPORE (Apr 18): United Overseas Insurance (UOI), the insurance arm of United Overseas Bank (UOB), reported 1Q19 earnings increased 153% to $11.4 million, compared to $4.5 million in 1Q18.

In print this week

Billion-dollar start-up refuses to be labelled as 'unicorn'

SINGAPORE (Mar 8): Entrepreneur Ankiti Bose is uncomfortable with her start-up being described as a “unicorn”. Reports of her e-commerce service and solutions platform, Zilingo, being worth almost US$1 billion ($1.35 billion) is, for her, a distractio

SIngapore energy market

Energy Market Company launches electricity procurement portal for businesses

SINGAPORE (Nov 14): Energy Market Company (EMC), a wholly-owned subsidiary of Singapore Exchange (SGX), has developed a new online portal that helps businesses purchase electricity efficiently.

More losses for Chinese stocks as volatility rises

SINGAPORE (Oct 22): Volatility appears to be the theme of the day in global stock markets. Investors are noticeably jittery, following a bruising couple of weeks, although a steadier Wall Street has allayed the worst of fears, for now. 

Results

King Wan's 4Q losses widen to $5.36 mil

SINGAPORE (May 30): King Wan Corporation, the provider of mechanical and engineering (M&E) services, reported 4Q18 earnings plunged to $0.28 million from $5.36 million in 4Q17, due to lower gross profits and share of profit from its investment in a Singap

M&A

Sembcorp Industries to divest 60% stake in paper recycling subsidiary for $6 mil

SINGAPORE (May 21): Sembcorp Industries announced that its wholly-owned subsidiary will be divesting its 60% stake in Sembcorp Tay Paper Recycling to Tay Paper Resources for $6.0 million.

Results

Elec & Eltek 1Q earnings drop 18.9% to $9.69 mil

SINGAPORE (May 11): Elec & Eltek reported 1Q18 earnings fell 18.9% to US$7.23 million ($9.69 million) from US$8.91 million in 1Q17.

Results

PEC posts 59% drop in 3Q earnings to $1.27 million

SINGAPORE (May 10): PEC reported third quarter earnings dropped 59% to $1.27 million in 3Q18 from $3.10 million in 3Q17.
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