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ABR
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Joelton
Supreme |
31-Mar-2025 23:52
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ABR Holdings
On Mar 20, ABR Holdings managing director Ang Yee Lim acquired 150,000 shares at S$0.42 a share. This increased his direct interest in the home-grown restaurant operator from 53.9 per cent to 53.97 per cent. Ang has gradually increased his interest from 52.12 per cent as at the end of 2023, and has served as managing director since July 2004.
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Joelton
Supreme |
24-Mar-2025 12:19
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ABR Holdings
On Mar 18, ABR Holdings managing director Ang Yee Lim acquired 50,000 shares at S$0.41 per share. This increased his direct interest in the home-grown restaurant operator from 53.87 per cent to 53.90 per cent. Ang has gradually increased his interest from 52.12 per cent as at the end of 2023, and has served as managing director since July 2004.
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Joelton
Supreme |
03-Mar-2025 10:42
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ABR Holdings
Between Feb 26 and Feb 27, ABR Holdings managing director Ang Yee Lim acquired 150,000 shares at an average price of S$0.421 per share. This increased his direct interest in the home-grown restaurant operator from 53.80 per cent to 53.87 per cent. Ang has gradually increased his interest from 52.12 per cent at the end of 2023.
On Feb 25, ABR Holdings reported that the H2 FY2024 group revenue increased by 19 per cent to S$71.6 million from H2 FY2023.
For the full year, group revenue increased by 16 per cent to S$135.6 million. All the food and beverage businesses within the group registered revenue growth in FY2024, with the increase partly contributed by new outlets opened during the year.
In line with the revenue growth, gross profit for H2 increased by S$5.2 million to S$31 million, and that for the full year by S$9.3 million to S$57.8 million. The gross profit margin also improved from 41 per cent in FY2023 to 43 per cent in FY2024.
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Joelton
Supreme |
16-Dec-2024 10:30
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ABR Holdings
On Dec 6, ABR Holdings : 533 +2.53% managing director Ang Yee Lim acquired 114,000 shares at S$0.41 per share. This increased his direct interest in the home-grown restaurant operator from 53.59 per cent to 53.65 per cent.
Ang&rsquo s preceding acquisitions were between Nov 14 and 20, with 171,700 shares at S$0.40 per share, and between Sep 27 and 30, when he acquired 140,000 shares at S$0.417 per share. For the year, Ang has gradually increased his interest from 52.12 per cent at the end of 2023.
He has served as managing director since July 2004. ABR was established in 1979 with Swensen&rsquo s at Thomson Plaza, and now operates more than 25 restaurant outlets in Singapore.
In 2014, the group expanded its business by adding property as a second core pillar, encompassing residential, commercial, industrial and hospitality property development, as well as related activities such as redevelopment, sales, leasing, management, investment and other complementary services.
The group said its Baywind Residences is progressing steadily. The joint venture development of 24 apartments in Lorong N Telok Kurau is slated for completion in the fourth quarter of 2025. It highlighted that despite regulatory changes, all units were successfully sold.
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Joelton
Supreme |
25-Nov-2024 09:59
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ABR Holdings
Between Nov 14 and Nov 20, ABR Holdings : 533 0% managing director Ang Yee Lim acquired 2,171,700 shares at S$0.40 per share. This increased his direct interest in the home-grown restaurant operator from 52.51 per cent to 53.59 per cent.
His preceding acquisitions were between Sep 27 and Sep 30, when he purchased 140,000 shares at S$0.417 each. This year, he has gradually increased his interest from 52.12 per cent as at the end of 2023.
He has served as managing director since July 2004. ABR Holdings was established in 1979 with Swensen&rsquo s at Thomson Plaza, and now operates more than 25 restaurant outlets in Singapore. The group offers diverse cuisines through brands such as Swensen&rsquo s, Tip Top, Season&rsquo s and Chilli Padi, with the aim to create memorable dining experiences that bring friends and families together, for any occasion.
ABR Holdings noted in August that for its first half ended Jun 30, 2024, its food and beverage segment achieved higher profits and increased revenue, despite ongoing challenges such as operating cost pressures, a tight labour market and intense competition.
The group said it remains resilient and proactive in managing costs, innovating, refining operations and enhancing customer satisfaction. It also noted that its joint venture residential project in Singapore, Baywind Residences, was on track to receive its Temporary Occupation Permit in Q4 this year, with completion slated for 2025.
Additionally, the group&rsquo s 19 per cent-owned associated company, Sering Manis, entered into a conditional sale-and-purchase agreement in July for the proposed sale of four parcels of land in Genting Highlands, Malaysia, for RM65 million (S$19.6 million). The land has a total area of about 30.167 acres (12.2 hectares), representing 10.8 per cent of the total land area owned by Sering Manis.
As ABR Holdings noted in August, the disposal, which is expected to be completed by the end of 2024, is anticipated contribute to the group&rsquo s profits.
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Joelton
Supreme |
25-Nov-2024 09:57
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ABR Holdings managing director continues to grow interest
Reits and consumer cyclicals book the most net institutional outflow over the five trading sessions from Nov 15 to 21 financial services and industrials lead the net institutional inflow
OVER the five trading sessions spanning Nov 15 to Nov 21, institutions were net sellers of Singapore stocks, resulting in a net institutional outflow of S$38 million. This marked a slight reversal from the net inflow of S$384 million observed over the five preceding sessions up to Nov 14.
Stocks that led the net institutional outflow over the five sessions until Nov 21 inclusive were CapitaLand Integrated Commercial Trust : C38U 0%, CapitaLand Ascendas Real Estate Investment Trust : A17U +0.39% (Reit), DBS Group : D05 -0.54%, Yangzijiang Shipbuilding : BS6 +0.75%, Genting Singapore : G13 +1.97%, Mapletree Logistics Trust : M44U -0.79%, Frasers Logistics & Commercial Trust : BUOU -2.67%, Keppel DC Reit : AJBU -1.33%, Wilmar International : F34 +0.33%, and Keppel Reit : K71U 0%.
Meanwhile, Singapore Exchange : S68 +1.76% (SGX), OCBC : O39 +0.18%, UOB : U11 +0.77%, Sats : S58 0%, Jardine Matheson : J36 +0.28%, Sembcorp Industries : U96 +0.19%, Keppel : BN4 +1.37%, Hongkong Land : H78 -1.06%, Riverstone : AP4 0%, and Jardine Cycle & Carriage : C07 0% led the net institutional inflow.
On Nov 14, Hongkong Land provided an interim management statement, announcing that the group&rsquo s Q3 FY2024 (ended Sep 30) underlying profit increased due to more build-to-sell completions in China, while investment property contributions declined slightly.
The group highlighted that its cost management actions have strengthened its financial position, with net debt decreasing to US$5.3 billion, and committed liquidity rising to US$3.2 billion. It also noted that 67 per cent of its debt is at fixed interest rates.
From a sector perspective, Reits and consumer cyclicals booked the most net institutional outflow in the five sessions, while financial services and industrials booked the most net institutional inflow.
During the five sessions, 21 primary-listed companies conducted buybacks with a total consideration of S$27.6 million. Sembcorp Industries bought back 2,185,000 shares at an average price of S$5.21 per share. This brings the total shares repurchased to 0.18 per cent of its issued shares (excluding treasury shares) since the beginning of the current mandate.
The managers of Digital Core Reit : DCRU -0.82% and ESR-Logos Reit : J91U 0% also bought back units of their respective trusts.
The five trading sessions saw more than 70 director interests and substantial shareholdings filed for more than 30 primary-listed stocks. Directors or CEOs filed 15 acquisitions and no disposals, while substantial shareholders filed six acquisitions and six disposals.
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Joelton
Supreme |
07-Oct-2024 08:58
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ABR Holdings
Between Sep 27 and Sep 30, ABR Holdings : 533 0% managing director Ang Yee Lim acquired 140,000 shares at an average price of S$0.417 per share. This increased his direct interest in the homegrown restaurant operator from 52.44 per cent to 52.51 per cent. This year, Ang has raised his interest from 52.12 per cent as at the end of 2023. He has served as managing director since July 2004.
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Joelton
Supreme |
30-Sep-2024 11:27
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ABR Holdings
Between Sep 20 and 23, ABR Holdings : 533 +1.22% managing director Ang Yee Lim acquired 209,000 shares at an average price of S$0.415 a share. This increased his direct interest in the home-grown restaurant operator from 52.34 per cent to 52.44 per cent. This year, Ang has gradually increased his interest from 52.12 per cent at the end of 2023.
Ang has served as managing director since July 2004, and led the group to a 13 per cent revenue increase from H1 FY2023 to S$64 million in H1 FY2024, driven by new outlets and improved margins, despite challenging market conditions.
ABR operates more than 25 restaurants, with Swensen&rsquo s becoming a symbol of family-friendly dining. Over four decades, the group has expanded to offer diverse cuisines through brands such as Tip Top, Season&rsquo s and Chilli Padi. The group&rsquo s mission is to create memorable dining experiences that unite friends and families.
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Joelton
Supreme |
16-Sep-2024 11:02
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ABR Holdings
On Sep 10, ABR Holdings : 533 -1.16% managing director Ang Yee Lim acquired 100,000 shares atS$0.435 per share. This increased his direct interest in the homegrown restaurant operator from 52.29 per cent to 52.34 per cent.
His preceding acquisitions were between Aug 22 and Sep 2, with 168,400 shares bought at an average price of S$0.445 per share.
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Joelton
Supreme |
09-Sep-2024 09:27
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ABR Holdings
Between Aug 30 and Sep 2, ABR Holdings : 533 0% managing director Ang Yee Lim acquired 68,400 shares at an average price of S$0.44 per share. This increased his direct interest in the homegrown restaurant operator from 52.25 per cent to 52.29 per cent.
His preceding acquisitions were on Aug 22, with 100,000 shares acquired at S$0.449 per share and in January with 175,300 shares acquired at S$0.476 per share.
Ang has served as managing director since July 2004, and led the group to a 13 per cent revenue increase from H1 FY2023 to S$64 million in H1 FY2024, driven by new outlets and improved margins, despite challenging market conditions.
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newbie19
Supreme |
31-Dec-2022 11:34
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Happy New Year 2023! | ||||
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newbie19
Supreme |
28-Dec-2022 13:44
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Joelton
Supreme |
19-Dec-2022 09:25
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ABR Holdings
Between Dec 14 and 15, ABR Holdings : 533 0% managing director Ang Yee Lim acquired 319,900 shares for a consideration of S$143,656 at an average price of 44.9 Singapore cents per share. This took Ang&rsquo s interest in the restaurant operator from 51.85 per cent to 52.02 per cent. Ang has been the managing director of ABR Holdings since July 2004, aside from his experience in the food and beverage business and more than 30 years of experience in property development and investment in Singapore, Malaysia, Indonesia, and Thailand.
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Joelton
Supreme |
30-May-2022 08:36
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ABR Holdings
Between May 23 and 24, ABR Holdings : 533 0% managing director Ang Yee Lim acquired 301,700 shares of the company for a consideration of S$142,721 at an average price of 47.3 cents per share.
This took Ang&rsquo s interest in the restaurant operator from 51.71 per cent to 51.86 per cent. His preceding acquisition was on Dec 21 with 120,000 shares acquired at 46.0 cents per share.
ABR Holdings traces its roots to 1979 with the establishment of the 200-seater Swensen&rsquo s at Thomson Plaza, the first full-service ice-cream restaurant in Singapore.
Today, ABR operates more than 25 restaurant outlets and the Swensen&rsquo s brand has become synonymous with family friendly dining.
Ang was appointed to the board as an executive director in May 2004, and subsequently appointed managing director in July 2004.
He has over 20 years of experience in the food and beverage business and more than 30 years of experience in property development and investment in Singapore, Malaysia, Indonesia and Thailand.
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Joelton
Supreme |
16-Mar-2022 09:03
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ABR Holdings takes remaining 20% stake in Chilli Padi catering group for S$4.4m
FOOD and beverage company ABR Holdings ABR: 533 0% has acquired the remaining 20 per cent stake in catering group Chilli Padi Holding for a consideration of S$4.4 million, the company announced in a bourse filing on Tuesday (Mar 15).
Following the completion of the agreement, Chilli Padi Holding will be a wholly-owned subsidiary of ABR Holdings, which owns and operates Swensen' s in Singapore.
The acquisition of the remaining 20 per cent stake comes after the exercise of the put option by Chilli Padi Holding' s non-controlling shareholder in accordance with the sale and purchase agreement back in July 2017.
Both parties had agreed that the consideration for the acquisition will be S$4.4 million, and the completion date will be no later than Mar 15.
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newbie19
Supreme |
08-Jan-2021 08:53
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agree with you....
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newbie19
Supreme |
07-Jan-2021 14:27
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Joelton
Supreme |
02-Jan-2021 13:09
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Joint venture between ABR unit and LWH wins tender for 3 properties worth S$23.6m
ABR Holdings on Friday said that Baywind Properties - its 50:50 joint venture company with LWH Holdings - had been awarded a tender for three freehold properties in Lorong N Telok Kurau.
The tendered price of the three residential properties, which are located at 93B, 93C and 95 Lorong N Telok Kurau, is S$23.6 million.
The three properties consist of a pair of semi-detached houses, and one bungalow. The estimated total land size is 18,507.62 sq ft.
ABR said the tender was submitted in the ordinary course of the company' s business. ABR and LWH intend to develop the properties into apartments, subject to necessary approvals being obtained.
The purchase price of the properties will be financed by a combination of internal resources and bank borrowings.
ABR said the purchase is not expected to have a material impact on its consolidated earnings and net tangible assets per share for the financial year ended Dec 31, 2020.
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Joelton
Supreme |
21-Sep-2020 09:42
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ABR Holdings
Between Sept 11 and 14, ABR Holdings managing director Ang Yee Lim acquired 263,800 shares of the listed company for a consideration of S$175,920 at an average price of 66.69 cents per share.
This took his stake in the stock from 50.41 per cent to 50.51 per cent.
Mr Ang has over 10 years of experience in the food and beverage business and more than 30 years of experience in property development and investment in Singapore, Malaysia, Indonesia and Thailand.
ABR Holdings began as the owner and operator of the first full-service Swensen' s ice cream restaurant in Singapore back in 1979.
For its H1FY20 (ended June 30), ABR Holdings noted that group revenue declined by 31 per cent to S$41.7 million as compared to S$60.6 million in H1FY19.
The group' s F& B operations were adversely impacted by the Covid-19 pandemic, particularly during the period when governments implemented stringent measures to curb community spread.
However, ABR Holdings noted that support measures from the government and rental relief from landlords mitigated the adverse impact from the slowdown of its business mainly in the form of government grants, such as the Jobs Support Scheme, foreign workers levy rebate and property tax rebate, from the Covid-19 budget supplementary packages, and rental rebates from the landlords.
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kirana
Senior |
04-Apr-2012 22:13
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Read the other mail. More threaded discussions there. | ||||
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