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OKH Global
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SALE OF ASSETS $23M Vs Market Cap $22M?UNDERVALUED
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tankoksee
Supreme |
28-Jul-2021 10:24
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The property investment segment includes leasing of investment properties to generate rental income and to gain from the appreciation in the value of the properties in the long term. The Company' s property portfolio includes development properties and investment properties. Its properties include 12 Tai Seng Link, a lifestyle park The Herencia, a building suitable for rental as an office space or education institution LHK Building, and Seatown Industrial Centre. | ||
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tankoksee
Supreme |
28-Jul-2021 10:03
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rocket coming in few days | ||
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SmallSmall
Supreme |
13-May-2020 10:38
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Out of Watch List :) The Company was placed on the watch-list due to the Minimum Trading Price Entry Criterion (the &ldquo Watch-List&rdquo ) on 5 December 2018. Pursuant to Rule 1313(2) of the Singapore Exchange Securities Trading Limited (the &ldquo SGXST&rdquo ) Listing Manual, the Board of Directors (the &ldquo Board&rdquo ) of the Company wishes to provide the following updates on the financial situation, its future direction as well as other material development that may impact the Group&rsquo s financial position. Update on Financial Situation For the 9 months period ended 31 March 2020, the Group recorded a net profit, after tax attributable to owners of the Company, amounting to S$4.1 million, compared to S$3.9 million in the corresponding period in prior year. The increase of S$0.2 million is mainly due to the increase in gross profit of S$3.5 million due to the adoption of IFRS 16 whereby rental expenses are now classified as finance costs and depreciation due to the amortisation of lease liabilities and right-of-use assets respectively and increase in other income of S$1.5 million due to the gain on disposal on the Group&rsquo s investment properties. The increase was offset by the increase in finance costs S$1.7 million due to the adoption of IFRS 16 and decrease in share of profits of associates by S$3 million due to the absence of revaluation gain of the associates&rsquo properties. Future Direction and Other Material Development There are no material developments that may have a significant impact on the financial position of the Group or any other updates on its future direction. Removal of Minimum Trading Price Rule As announced in a regulatory announcement dated 11 May 2020 (&ldquo SGX RegCo removes minimum trading price rule while enhancing other anti-manipulation tools&rdquo ), the Singapore Exchange Regulation (SGX Regco) will be removing the minimum trading price (MTP) rule for Mainboard issuers with effect from 1 June 2020. In view of the foregoing, the Company will not be required to provide quarterly updates pursuant to Rule 1313(2) of the SGX-ST Listing Manual after 1 June 2020. |
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goldeneye
Senior |
03-Mar-2020 12:51
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🍍 🍍 🍍 🍍 🍍 🍍 🍍 🍍 🍍 🍍 🍍 🍍 🍍 🍍 🍍 🍍 🍍 🍍 | ||
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superstartup
Elite |
31-Jan-2020 14:14
Yells: "Enjoy doing Fundamental Research" |
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Y you keep opening new threads? Even for the same counter. Please la . . .
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johnng
Supreme |
31-Jan-2020 14:08
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NAV is at 8cents...SLEEPING arh Market??? | ||
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johnng
Supreme |
31-Jan-2020 13:54
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SALE OF ASSETS $23M Vs Market Cap $22M?UNDERVALUED | ||
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