Nera Telecommunications (NeraTel)

The charge against NeraTel follows a successful claim against ABN’s bounced cheque of $130,000.

The contracts are expected to have a significant positive impact on the performance of the company for the current financial year.

NeraTel saw a 622% jump in orders from its GTU segment, while revenue from this segment rose 100% y-o-y in 1Q22.

The company issued an option to purchase to De Tian Holdings on April 7, which expires at 4pm on April 22.

As part of his role Chong will lead the group by charting its next phase of growth in systems integration and tech-related areas

Neratel has appointed Tan Cham Khain Orlando as Chief Commercial Officer of the Group from today.

The misdirected remittance was due to a fraudulent instruction by a party purporting to be a supplier.

SINGAPORE (May 10): Nera Telecommunications (NeraTel) reported a 39.2% fall in 1Q18 earnings to $1.7 million from $2.9 million in 1Q17 due to mainly higher unrealised foreign exchange loss coupled with higher operating expenses,

SINGAPORE (Feb 27): Nera Telecommunications reported a 76% increase in 4Q17 earnings to $2.3 million from $1.3 million a year ago.

SINGAPORE (Feb 8): Nera Telecommunications, the communications and network solutions provider, has won $3.2 million worth in new contracts.