wellness

Broker's Calls

Best World's stellar FY17 earnings are but a prelude to the better year ahead, says Maybank

SINGAPORE (Feb 27): Maybank Kim Eng is maintaining its “buy” call on Best World International with a 10% higher price target of $2.06 compared to $1.88 previously after raising FY18-19 earnings per share (EPS) estimates on expectations of stronger Chi

Results

Best World sees near doubling of 4Q earnings to $21.8 mil on higher revenue

SINGAPORE (Feb 26): Best World International, the direct seller of skincare and wellness products, has reported earnings of $21.8 million for the 4Q ended Dec 2017, up 77.2% from $12.3 million in 4Q16 on higher revenue.

7 nuggets of lifting wisdom for the power-hungry

If you are unable to touch your toes or cross your legs, you’re in dire need of rehabilitation, according to professional fitness coaches Twain Teo and Tan Chee Chong.

Overseas Assurance Corporation rebrands to Great Eastern General Insurance in Singapore

SINGAPORE (July 11): Overseas Assurance Corporation (OAC), the general insurance arm of OCBC’s 87%-owned subsidiary Great Eastern Holdings, has been rebranded as Great Eastern General Insurance (GEG) in Singapore. 

Results

Best World 1Q earnings up 63% to $9.7 mil on revenue growth

SINGAPORE (May 9): Best World International reported 1Q17 earnings of $9.7 million, representing a 63.1% increase from the $6 million reported in the previous year on higher revenue.

Epicentre ventures into aesthetic salon business with $3.1mil takeover

SINGAPORE (Feb 13): Epicentre Holdings, the Catalist-listed retailer of Apple products in Singapore, on Friday entered into an agreement to acquire a 51% stake in Japan IPL Holdings, which operates the aesthetic salon chain Japan IPL Express, for $3.06 mi

Mary Chia to defend against arbitration claims

SINGAPORE (Aug 24): Mary Chia Holdings is presently engaged in a legal battle against its former joint venture (JV) partner, Slim Beauty House (SBH), a company incorporated in Japan.
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