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Ecowise Holdings

ecoWise triggers SGX query following 41.0% surge in shares; announcement to follow - THE EDGE SINGAPORE

SGX query

ecoWise triggers SGX query following 41.0% surge in shares; announcement to follow

The company has since requested for a trading halt pending the release of an announcement.

M&A

ecoWise fully disposes stake in Saiko Rubber (Malaysia) for $5.8 mil

The disposal has netted ecoWise a gain of $1.6 million.

Results

ecoWise reverses out of the red with 3Q earnings of $0.9 mil on higher revenue

As at end July, cash and cash equivalents stood at $1.98 million, while earnings per share came in at 0.09 cent, compared to a loss of 0.23 cent per share a year ago.  In its outlook statement, ecoWise says that it is in the midst of rationalising and

In print this week

ecoWise moves on from China biomass fiasco to fish feed venture

SINGAPORE (Mar 29): ecoWise Holdings — whose other businesses include a biofuel plant at Gardens by the Bay and a tyre treading business — is planning to go into the fish feed production business via a joint venture.

Results

ecoWise 1Q net loss narrows to $0.95 million on lower share of losses from associates from JVs

SINGAPORE (Mar 19): ecoWise Holdings narrowed its net losses to $952,000 in 1Q18 from $1.1 million in 1Q17 as share of losses from associates and JVs fell 91.8% to $46,000, mainly incurred by Chongqing eco-CTIG Rubber Technology.

Results

ecoWise 3Q losses widen despite higher revenue

SINGAPORE (Sept 14): ecoWise Holdings saw 3Q17 losses widen to $154,000 from $13,000 a year ago, led by higher cost of sales, share of losses from associates and jointly-controlled entities and administrative expenses.

ecoWise disposes 15% stake in Chongqing JVCo.

SINGAPORE (March 15): ecoWise Holdings is disposing its 15% equity interest in JVCo. Chongqing Zhongtian Electronic Waste Management Co. (CZEW) for RMB5 million ($1 million).

Results

EcoWise swings into the red in FY16

SINGAPORE (Dec 30): EcoWise Holdings reported a loss of $1.8 million for FY16, compared to a net profit of $0.9 million a year ago.

SGX seeks more details before giving nod to ISR’s $12 mil placement

SINGAPORE (Oct 12): ISR Capital has received an approval-in-principle from Singapore Exchange for the listing and quotation of the new shares it plans to issue to four investors — with a few strings attached.

Hot Stock

Surging ISR Capital hits 52-week-high, no query from SGX

SINGAPORE (Sept 14): ISR Capital has extended its rally for a second day on heavier-than normal volume amid a weaker overall market.
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