On 17th March 2016, ST Kinetics, the land systems arm of ST Engineering announces that they have been awarded the contract for 13 prototypes of the amphibious combat vehicle Terrex 2 by the US Marine Corps. The 13 …
Continue readingCategory: Stock News
Stock news such as companies quarterly financial results or stock market related news.
OUE Hospitality Trust Issues Rights to Fund Acquisition of Crowne Plaza Changi Airport Extension
On 7th March 2016, OUE Hospitalty Trust announce an underwritten and renounceable rights issue to raise proceeds of S$238.6 million. The proceeds from the rights issue will be used to fund the acquisition of the Crowne …
Continue readingST Engineering Announces Final Dividend of 10 cents
ST Engineering announces its financial year 2015 results on 26th February 2016. Revenue fell slightly by 3% from 6,539 million to 6,335 million dollars. Earnings per share fell slightly from 17.06 cents to 17.05 cents. With …
Continue readingNeraTel Cuts Dividend from Two Cents to One Cent
NeraTel announces its 4Q2015 results on 24th February 2016. Profit after tax for the full year fell 17.4% from $16.2 million to $13.4 million. A final dividend of one cent was declared as compared to …
Continue readingFar East Hospitality Trust DPU Fall for 4Q 2015
Far East Hospitality Trust (“FEHT”) announces its 4Q2015 results on 24th February. Distribution Per Unit (“DPU”) for 4Q2015 fell 8.6% to 1.17. The annualised DPU fell 10.5% to 4.60 cents. Net Property Income fell 4.9% as …
Continue readingBoustead Revenue and Net Profit fell for 3Q FY2016
On 12th February, my favourite company, Boustead Singapore Limited announced its 3Q FY2016 financial results. The revenue of S$142.3 million for 3Q FY2016 was 20% lower than 3Q FY2015. Net profit of S$7.5 million was …
Continue reading