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High Park Residences

Broker's Calls

Fernvale project to drive Sing Holdings as property sentiment improves

SINGAPORE (Aug 30): KGI Securities is recommending “buy” for Sing Holdings with a fair value estimate of 54 cents, based on an implied 0.83 times P/B FY16 earnings, as well as a 30% discount to the property developer’s revalued net asset value (RNAV

Results

Chip Eng Seng reports more than sevenfold surge in 1Q earnings to $6.1 mil on higher sales

SINGAPORE (May 4): Chip Eng Seng, the property developer and construction company, reported a more than seven-fold surge in 1Q earnings to $6.1 million from $0.8 million on higher sales across all segments.

Results

Chip Eng Seng’s 3Q earnings fall 58% to $5.7 mil on lower revenue

SINGAPORE (Nov 8): Chip Eng Seng has posted a 57.9% decline in earnings to $5.7 million in 3Q as compared to $13.6 million a year ago.  
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