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OKH 42% owned by SingHaiyi
tankoksee ( Date: 09-Nov-2021 15:48) Posted:
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watch out for baby okh global...their subsidiary nta 6.4 cts...
Nice!
A good chance to exit
A good chance to exit
Voluntary Conditional Cash Offer for SingHaiyi at S$0.117 per Offer Share
https://links.sgx.com/1.0.0/corporate-announcements/U1FK48PQUNR555DI/689920_Press_Release.pdf
https://links.sgx.com/1.0.0/corporate-announcements/U1FK48PQUNR555DI/689920_Press_Release.pdf
HALT !
Singhaiyi disposes Tri-County Mall in Ohio for US$29 mil
Singhaiyi will be disposing of its Tri-County Mall property to Park Harbor Capital for a consideration of US$29 million ($39.1 million).
The property is a two-storey enclosed shopping mall, at 11700 Princeton Pike Cincinnati, Ohio, US and is located in Springdale, Ohio, in the northern suburbs of Cincinnati approximately 20 miles north of downtown. The site area is about 3.3 million sq ft with an open car park space to accommodate 7,118 cars. The net rentable area is approximately 1.26 million sq ft which Macy&rsquo s owns 227,072 sq ft.
The sale consideration of US$29 million was arrived at a willing-buyer, willing-seller basis, taking into account the book value and the re-development potential of the property. The property will be sold on an &ldquo as-is&rdquo and &ldquo where-is&rdquo basis.
The book value of the property as at Mar 31 was US$18.7 million, while the original purchase price of the property was US$45 million.
Hong Kong Finance Investment Shares Plunge as Much as 90%.. Vice Chairman is Neil Bush.
SingHaiyi ' s chairman is Neil Bush..
Some has golden finger.. some better stay away.
SingHaiyi ' s chairman is Neil Bush..
Some has golden finger.. some better stay away.
Trading volume up substantively today.. hopefully will burst soon on news of great sales for Parc Clematis as well.
SingHaiyi Group
Between Aug 21 and 26, Haiyi Holdings (Haiyi) acquired 5,960,900 shares of SingHaiyi Group for a consideration of S$429,185 at 7.2 cents per share. The two married deals increased SingHaiyi Group managing director Celine Tang' s deemed stake in SingHaiyi Group from 64.33 per cent to 64.47 per cent.
This followed Mrs Tang increasing her deemed interest in SingHaiyi Group between Aug 13 and 19 from 63.17 per cent to 64.33 per cent.
Mrs Tang also serves as managing director of Haiyi where she oversees its daily operations and decision-making, and is the non-executive chairman of Chip Eng Seng Corporation and OKH Global.
On Aug 21, the board of SingHaiyi Group appointed Lawrence Lua Gek Pong as its Independent, non-executive director and chairman of the nominating committee and member of the audit committee and the remuneration committee. Mr Lua also serves as an Independent non-executive director of Bumitama Agri.
SingHaiyi is a diversified company focused on property development, investment and management services. Apart from an established track record in residential property development, the group also holds a diversified portfolio of income-generative assets in the commercial and retail sectors, with geographical reach into the US and widening exposure in Asia.
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below 15c NAV
insiders the Tangs have been scooping up their shares
double bagger in the making
gd luck dyodd
below 15c NAV
insiders the Tangs have been scooping up their shares
double bagger in the making
gd luck dyodd
Zero trade for many days. Many stuck.
Trade with caution no contra no short and DYODD
Trade with caution no contra no short and DYODD
Maybe penny rotational play or on news/rumours
goodman ( Date: 07-Jul-2020 22:52) Posted:
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Check out the Time & Sales. It?s last few minutes before closing just buy up. Hmmm
i think no show ba the volume only 173k..
goodman ( Date: 07-Jul-2020 22:12) Posted:
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What?s going on man??
SingHaiyi posts 64.1% fall in H2 net profit to S$4.9m
REAL estate group SingHaiyi on Tuesday reported a net profit of S$4.9 million for the half year ended March 31, 2020, down 64.1 per cent from the year-ago period.
The group recorded total revenue of S$44.2 million for H2 2020, compared S$25.7 million a year ago. The increase of S$18.5 million year-on-year was mainly due to the progressive revenue recognised for Parc Clematis of S$27.7 million and The Gazania of S$5.1 million. This was offset by the decrease in revenue recognised for Phase 2 of Vietnam Town of $11.0 million. Vietnam Town is a commercial condominium development project in San Jose, California.
Earnings per share came to 0.117 Singapore cent, versus 0.322 cent previously.
Share of results of equity-accounted investees (net of tax) increased by $10.6 million, from S$25.6 million in H2 2019 to S$36.2 million in H2 2020, mainly due to the increase in share of profit of the 35-per-cent equity interest in Park Mall, the owner of 9 Penang Road, a commercial property with Grade A office and retail space. The profit was mainly attributable to the fair-value gain recognised on 9 Penang Road.
In the financial year ended March 31 (FY20), the group recorded a net loss of S$7.8 million, reversing the net profit of S$22.6 million in the year-ago period revenue sank by 24.7 per cent to S$57.2 million for FY20.
The group said that it expects a challenging operating environment in the upcoming financial year and will continue to practise prudent capital and cash flow management to manage potential financial implications arising from Covid-19.
During this period, the group was able to immediately leverage digital marketing tools such as virtual showflat tours and online sales presentations, which were produced as part of its integrated marketing strategy to promote its developments to potential buyers, said SingHaiyi.
REAL estate group SingHaiyi on Tuesday reported a net profit of S$4.9 million for the half year ended March 31, 2020, down 64.1 per cent from the year-ago period.
The group recorded total revenue of S$44.2 million for H2 2020, compared S$25.7 million a year ago. The increase of S$18.5 million year-on-year was mainly due to the progressive revenue recognised for Parc Clematis of S$27.7 million and The Gazania of S$5.1 million. This was offset by the decrease in revenue recognised for Phase 2 of Vietnam Town of $11.0 million. Vietnam Town is a commercial condominium development project in San Jose, California.
Earnings per share came to 0.117 Singapore cent, versus 0.322 cent previously.
Share of results of equity-accounted investees (net of tax) increased by $10.6 million, from S$25.6 million in H2 2019 to S$36.2 million in H2 2020, mainly due to the increase in share of profit of the 35-per-cent equity interest in Park Mall, the owner of 9 Penang Road, a commercial property with Grade A office and retail space. The profit was mainly attributable to the fair-value gain recognised on 9 Penang Road.
In the financial year ended March 31 (FY20), the group recorded a net loss of S$7.8 million, reversing the net profit of S$22.6 million in the year-ago period revenue sank by 24.7 per cent to S$57.2 million for FY20.
The group said that it expects a challenging operating environment in the upcoming financial year and will continue to practise prudent capital and cash flow management to manage potential financial implications arising from Covid-19.
During this period, the group was able to immediately leverage digital marketing tools such as virtual showflat tours and online sales presentations, which were produced as part of its integrated marketing strategy to promote its developments to potential buyers, said SingHaiyi.
Eyes on property market amid global slowdown
Oxley, SingHaiyi and Perennial are on analysts' debt watch-lists
MON, MAR 16, 2020 - 5:50 AM
Singapore
AS BEARS maul the stock market while firms grapple with a recessionary environment, the risk of a property market slowdown has risen, market watchers say.
Analysts think a price crash is unlikely unless unemployment spikes first. But sales of new private homes will...
https://www.businesstimes.com.sg/companies-markets/eyes-on-property-market-amid-global-slowdown
Due to 2 properties launching soon. Likely to see cash flow soon.
Secret_Squirrel ( Date: 26-Mar-2019 13:08) Posted:
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Today up quite a bit. What happen?
Starship ( Date: 31-Jan-2019 13:34) Posted:
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This billionaire couple bought Chip Eng Seng stock, CES share price crashed.
They bought Cromwell E-Reit shares, it also crashed.
Dunno whether got other cases. Maybe Thomson Medical?
Best for real investors to avoid whichever stocks they own.
alexchew ( Date: 31-Jan-2019 13:24) Posted:
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