AP Oil International

SINGAPORE (Feb 26): AP Oil International announced 31% lower FY17 earnings of $2.4 million compared to $3.5 million in FY16 on lower margins and foreign exchange (forex) losses incurred.  

(Sept 18): This past week, one of our Portfolio companies had attracted some attention over a new business venture. On Sept 7, logistics services company Cogent Holdings announced that it has been awarded a three-year lease tender by the Singapore Land Au

(Aug 28): Local equities suffered losses for four consecutive sessions in the past week, with the benchmark Straits Times Index falling 0.95% between Aug 15 and 22. Our Singapore Market Portfolio also declined in value — by 0.6% — led by a 2.2% fall i

SINGAPORE (Aug 10): AP Oil International posts earnings of $1.5 million for the half year ended June, falling 47% from earnings of $2.8 million a year ago.

(June 23): Over the one-week period to June 20, the benchmark Straits Times Index slipped 0.8% to close at 3,230.4. The decline was driven by property and bank counters as a plunge in crude prices, expectations of further US interest rate hikes and news t

SINGAPORE (Jan 16): Since we started the Singapore Market Portfolio a week ago, the Straits Times Index has set a blistering pace, rising 2.7% and punching through the 3,000 level in the process. With most of the portfolio still in cash, we are at an obvi

SINGAPORE (Nov 4): Oil and petrochemical manufacturer, AP Oil International, has been a supplier of lubricants to power companies like Chongqing Zongshen Power Machinery Company for years. It is a business that even its CEO Ho Chee Hon admits has little i

SINGAPORE (Oct 18): SGX-listed AP Oil International and MoneyMax Financial Services have entered into a joint venture with two other companies, Zongshen and Free Trade Port Co., to undertake a financial leasing business in Chongqing, China.

SINGAPORE (Aug 10): Here are some stocks that may move the market this Wednesday morning:

SINGAPORE (Aug 8): AP Oil International reported a 6% increase in earnings to $2.8 million in 1H16, compared with the earnings of $2.6 million a year ago (1H15).