Wee Hur    Last:0.645    -0.005

Wee Hur

Any idea who is the  single client Manulife sold that policy ?.....

 

Every generation needs its own breakthrough: Wee Hur&rsquo s 2nd-gen leader on building a lasting legacy

SINGAPORE &ndash Mr Goh Wee Ping is a second-generation member of the family-founded property developer and construction company Wee Hur Holdings.

Mr Goh, who will be 40 in 2026, wears two hats as the group&rsquo s chief investment officer and the chief executive of fund management arm Wee Hur Capital.

While his father and uncles, who are in their 70s, remain on the executive board overseeing the company&rsquo s overall strategy and direction, the family has begun planning for life without the founders.

They call the shots when they are around so a lot of things can be resolved, Mr Goh said. 

The real test &ndash how the second generation rallies together &ndash will come when they are not around.

Business succession and wealth transfer

Mr Goh noted that among the second generation, there is a wide age range, with members as young as 25 and as old as 55. The family has held &ldquo a lot of internal discussions&rdquo about succession planning. &ldquo We are not quite there yet, but I would say soon,&rdquo he said.

Like the controlling Goh family, many of the wealthiest families in the Asia-Pacific region are pondering the issue of business succession and wealth transfer.

Mr Conrad Huber, UBS business head for India and non-resident Indians, Indonesia and Japan International, said many private bank clients have said their priority is to grow the family&rsquo s wealth and ensure a smooth transfer of that wealth to the next generation.

He added that in Asia, the family&rsquo s wealth remains closely tied to the family business. Hence, business succession and wealth transfer decisions typically go hand in hand.

Wee Hur is taking a slightly different stance. &ldquo There is never a cookie-cutter approach to succession planning on the business side and legacy and wealth planning on the ownership side,&rdquo Mr Goh said. &ldquo We need to separate ownership from running the business.&rdquo

The business can be run by anyone &ndash professionals and family members. &ldquo We do not need to train our next generation to take over the business.&rdquo But we do need to train them to be better shareholders of the business, he said. 

When there is infighting and no family member on the board to sign off on key decisions, this can end up paralysing the family business.

What could go wrong?

A report of a survey by HSBC Life of 100 high-net-worth individuals (HNWI) in Singapore released on March 30 found that 45 per cent of respondents have a formal legacy plan in place, 39 per cent are in the early stages of planning and gathering information, while 16 per cent have yet to begin.

HSBC Life defines a HNWI as one who has between US$2 million (S$2.6 million) and US$10 million in investable assets. 

Among the respondents, 37 per cent cited concerns about the potential for family disputes or conflicts that could undermine the family&rsquo s legacy.

Fifty per cent of respondents think the next generation may mismanage or squander the family&rsquo s wealth, and 29 per cent worry that their successors might be unprepared or incapable of managing the family&rsquo s wealth.

A whole new world

To be fair, the next generation likely grew up in an environment very different from that of their founder parents.

Ms Angela Koh, head of wealth planning and family office advisory services at UOB Private Bank, said most business owners built their wealth through grit and hard work. She added that it is not fair to expect the second generation to follow in their footsteps, as the business environment has changed and they now face different challenges.

Furthermore, the next generation might have an edge in this ever-changing business landscape. Ms Koh said they bring interesting skill sets and attitudes that could be really useful for the family. For example, they are generally more tech-savvy, more comfortable with social media and may have fresh perspectives or new ideas that the business can try out.

&ldquo Every generation needs to find its own breakthrough,&rdquo Mr Goh said.

&ldquo When my dad and uncles founded the business, it was very different from now,&rdquo he added. &ldquo We have to find something different so that we can continue to keep up with the times.&rdquo

The next generation will stick to Wee Hur&rsquo s core business and continue to innovate and do the business well. But it needs to look at the periphery, and at what other businesses it can get into, he said.

Shaping the family legacy together

Mr Huber said UBS&rsquo clients have increasingly begun involving their next generation in family and wealth planning decisions.

He added that regular discussions about expectations, roles and responsibilities are integral for a smooth wealth transition. 

Ms Koh from UOB Private Bank said it is important that the next generation is financially literate, knows how to budget and manage money, and has some knowledge about investments and the associated risks.   

She added that there should also be a focus on education in ethics and responsibility, so the next generation builds responsible wealth.

Passing on wealth through insurance

After building a legacy plan, the next step is to think about how to pass on that legacy.

Mr Benjamin Cheng, chief executive of Howden Private Wealth, said life insurance serves a useful purpose for wealth transfer.

For instance, there may be family members who are not interested in or lack the ability to manage the family business.

In this case, the business owner can bequeath an insurance policy and shares in the business to these family members, providing a cash payout and a minority stake in the firm upon the founder&rsquo s death.

As for the family member who can lead the company, the business owner can bequeath a majority stake in the business to him, Mr Cheng said.

He added that insurance provides the certainty of a payout, so if one purchases a $15 million insurance policy, that $15 million is certain at the time of death.

Mr Christopher Albrecht, chief executive at Sun Life Singapore, said a family trust can also buy a life insurance policy on the oldest-generation member. 

When the patriarch or matriarch dies, the insurance policy pays out to the trust. The family trust then buys a life insurance policy on a member of the next oldest generation, and the process goes on.

&ldquo The money is being generated by insurance payouts for every generation,&rdquo he said.

Mr Albrecht added that there are also key person insurance policies whereby the family business takes out a life insurance policy on the business owner. 

When they die, the policy pays cash to the business, which can use the money to repay any outstanding corporate debts.

Jumbo life insurance policies

The insurance route is gaining popularity among Asia&rsquo s wealthy, as witnessed by two jumbo policy issuances in recent years.

Manulife Singapore announced on Feb 24 that it had issued a life insurance policy worth $380 million on behalf of a single client, possibly the largest in Singapore and the region.

The sum assured surpassed that of a whole-of-life policy from HSBC Life in Hong Kong in February 2024, which has a payout of US$250 million for a single wealthy client.

 

Most analysts still said this counter no problem....construction projects can last many years ....

 

sfw2124      ( Date: 20-Mar-2026 05:50) Posted: Recent pledges by Japan, Britain, France, Germany, Italy, and the Netherlands to support securing the Strait of Hormuz have eased tensions, contributing to a decline in Brent and WTI oil prices after recent all-time highs amid Iran-related disruptions. Pledges Confirmation These nations issued a joint statement condemning Iran' s attacks on shipping and infrastructure, pledging readiness to ensure safe passage through the Strait, which handles 20% of global oil trade. This follows initial hesitance and aligns with US pressure under President Trump. Oil Price Trends Brent crude recently hit highs above $110/bbl but slid to around $100-108/bbl as some ships transited the Strait, with WTI falling to $93-97/bbl range. Further normalization could accelerate declines if traffic fully resumes. goldeneye      ( Date: 15-Mar-2026 16:54) Posted: looks like almost time nearing No lousy bleak news further from ME? Let?s go from here on 16/03 vrooom Vroom. vroooom. Vrooooooooooom

 

What got oil price got to do with Wee Hur ? .....Maybe wealth funds switched here Wee Hur can earn something lah...

 

Recent pledges by Japan, Britain, France, Germany, Italy, and the Netherlands to support securing the Strait of Hormuz have eased tensions, contributing to a decline in Brent and WTI oil prices after recent all-time highs amid Iran-related disruptions.

Pledges Confirmation
These nations issued a joint statement condemning Iran' s attacks on shipping and infrastructure, pledging readiness to ensure safe passage through the Strait, which handles 20% of global oil trade. This follows initial hesitance and aligns with US pressure under President Trump.

Oil Price Trends
Brent crude recently hit highs above $110/bbl but slid to around $100-108/bbl as some ships transited the Strait, with WTI falling to $93-97/bbl range. Further normalization could accelerate declines if traffic fully resumes.

goldeneye      ( Date: 15-Mar-2026 16:54) Posted: looks like almost time nearing No lousy bleak news further from ME? Let?s go from here on 16/03 vrooom Vroom. vroooom. Vrooooooooooom

 

looks like almost time nearing

No lousy bleak news further from ME?

Let?s go from here on 16/03 vrooom
Vroom. vroooom. Vrooooooooooom

 

MarcLim      ( Date: 15-Mar-2026 13:38) Posted: Good question. Give u a like 👍 🏻 I don' t know where they go Haha   But wealth are moving out right... Happy Sunday always good day 🙏 🏻 ysh2006      ( Date: 15-Mar-2026 05:42) Posted: We also heard you too! Any more wealth funds from Middle East coming because of war ?

 

Good question. Give u a like 👍 🏻
I don' t know where they go Haha  
But wealth are moving out right...
Happy Sunday always good day 🙏 🏻

ysh2006      ( Date: 15-Mar-2026 05:42) Posted: We also heard you too! Any more wealth funds from Middle East coming because of war ?

 

We also heard you too! Any more wealth funds from Middle East coming because of war ?

 

Sure, " Wee Hurd" you 

MarcLim      ( Date: 14-Mar-2026 16:42) Posted: Lose some 670/675.  buy more and wait Break up 70 and same target 80/90 Huat all.  MarcLim      ( Date: 06-Mar-2026 12:44) Posted: Most dropping... swee lowest 70, buy 705/710, first target 74/75, then 79/80 and back to moon 90 ... Huat all 🙏 🏻

 

Lose some 670/675. 
buy more and wait Break up 70 and same target 80/90
Huat all. 

MarcLim      ( Date: 06-Mar-2026 12:44) Posted: Most dropping... swee lowest 70, buy 705/710, first target 74/75, then 79/80 and back to moon 90 ... Huat all 🙏 🏻 QueenMaya      ( Date: 05-Mar-2026 10:11) Posted: Worse performing stock in SGX 2026. Looks like game over.

 

Most dropping... swee
lowest 70, buy 705/710, first target 74/75, then 79/80 and back to moon 90 ...
Huat all 🙏 🏻

QueenMaya      ( Date: 05-Mar-2026 10:11) Posted: Worse performing stock in SGX 2026. Looks like game over. Tracer63      ( Date: 04-Mar-2026 14:31) Posted: 0.735 to 0.75, price stabilised and interest and support coming back

 

Worse performing stock in SGX 2026. Looks like game over.

Tracer63      ( Date: 04-Mar-2026 14:31) Posted: 0.735 to 0.75, price stabilised and interest and support coming back

 

0.735 to 0.75, price stabilised and interest and support coming back 

 

The business presentation is it good yesterday , any no good thing to announce ? Prices dropped due to war sentiment?

 

US-Israel Strikes on Iran: Market Uncertainty and SGX Outlook

The joint US-Israeli pre-emptive strikes on Iran&mdash codenamed " Operation Roar of the Lion" &mdash have plunged global markets into uncertainty, as Netanyahu' s existential threat narrative and Trump' s " major combat operations" confirmation signal a multi-day campaign targeting nuclear sites from Tehran to Isfahan and Karaj.

Iran' s calibrated missile retaliation on Al Udeid base underscores the risks: proxy swarms (70% likely, oil +8-15% to US$85-95), Hormuz harassment (20%, Brent US$100-120), or critical closures (10%, US$130+ and equities -5-10%). This cascade prompts risk-off liquidation of cyclicals (initial energy pops like Rex Intl/RH PetroGas fading on blockade fears ST Engineering capex worries), driving flows into safe havens amid live Tehran explosions and vowed " crushing" responses.

SGX Monday Impact: STI gap-down -0.5-1.5% (worse than 2025' s -0.8% flares), with energy decoupling +8-15% (Rex, Sembcorp leads), defence/offshore +4-8% (ST Eng, Seatrium), banks -0.5 to +1% (UOB/DBS yield appeal, beta ~0.7), REITs/neutrals flat to +1% (Mapletree, Wee Hur infra resilience). Gold/silver gaps up 2-4% overweight defensives for post-de-escalation rebound, hedge energy calls if Hormuz escalates

sfw2124      ( Date: 28-Feb-2026 14:10) Posted: I asked Perplexity AI :Any reasons to hold for Wee Hur(E3B) to cross the S$1.00 mark like CSE, Nam Cheong, Centurions? 2) Analyse and weigh the Pros and Cons? Answer:  Yes, Wee Hur (E3B.SI) has credible paths to cross S$1.00 (from current ~S$0.775, +29% upside), mirroring past rallies in peers like CSE Global (544.SI, peaked S$1.50+ on orders), Nam Cheong (1MZ.SI, volatile post-consolidation), and Centurion (BUOU.SI, dorm/student accom steady climb). One broker targets S$1.00 (Hold, sum-of-parts on dorms/property/funds) others S$0.90-0.95 (FY26E P/E 13x), with 22% 3-mo potential to S$0.87+.   Reasons to Hold for S$1+ Pipeline Momentum: S$935M orderbook to FY2029 (construction/property self-feed), Pioneer Lodge ramp-up (67%&rarr 95% occ), Australia launches (Cryna 2,000+ lots, PBSA). Recurring Cash: Dorms/investment properties (95% occ), PBSA funds (II/III scaling), div yield ~2% (1.5¢ FY25).​ Valuation Gap: Trades FY26E P/E ~8-10x vs peers 12-15x NAV supportive at S$1.00+ TP. Peer Precedent: CSE/Nam Cheong rallied 50%+ on orders Centurion dorm tailwinds similar to Wee Hur PBWA/PBSA.​ Catalysts: Mon post-results pop, broker upgrades, Upper Thomson launch H1 2027. Pros vs Cons Pros (Bull Case to S$1+) Cons (Risks Capping Below S$1) Strong FY25 beat (+130% adj NP), cash S$251M funds growth  ​ Dorm fair value losses (S$49M lease decay), property cyclical  ​ Dorm/property demand (Singapore worker housing boom)  ​ Low liquidity/small-cap volatility (easy 10% swings)  ​ Multi-asset (constr+funds) lowers risk vs pure plays  ​ Limited coverage PTs cluster S$0.90, no S$1.20+  Yield + growth (FY26 rev +30% est)  ​ Economic slowdown hits projects/occupancy  ​ Historical rallies (doubled 2025 on dorms)  ​ Debt via MTN S$205M issued  ​     Net Weighing: Pros outweigh (60/40 hold case for S$1+ in 6-12mo) if dorm ramp + orders deliver peers like Centurion show accom stocks grind higher. But cap gains at S$0.90-0.95 without surprises. P/E expansion needs volume. sfw2124      ( Date: 28-Feb-2026 13:45) Posted: A post-announcement rally for Wee Hur (E3B.SI) similar to Seatrium' s (5E2.SI) is plausible short-term (Mon 2 Mar gap-up 5-10%), but less likely to match Seatrium' s scale or duration due to differences in size, sector hype, and liquidity. Seatrium jumped ~3-5% post-FY2025 (profit doubled to S$324M+), sustained by oil/gas boom Wee Hur' s +27% profit beat supports bounce from S$0.775, with PTs S$0.90-0.99 (16-28% upside). Key Comparison Aspect Wee Hur (E3B) Seatrium (5E2) Rally Implication Market Cap/Liquidity Small-cap (~S$73M), low volume Large-cap (S$7B+), high volume Wee Hur volatile easier pop but fades fast  ​ Earnings Beat +27% NP (S$68M), adj +130% Profit doubled (+106%), margins up Both strong Wee Hur sets stage for 5-15%  Catalysts Orderbook S$935M, div 1.5¢ , property/dorms Energy backlog, asset sales Wee Hur solid but no " hot" theme like oil  Recent Action -13% dip to 0.775 pre-ann Stable pre-earnings, +3-5% post Wee Hur rebound potential higher  ​ ​ Analyst PT/Upside S$0.90-0.99 (16-28%) S$2.40-4.10 (higher multiples) Supportive for Wee Hur  Forecast +22% 3-mo (to S$0.87) 16% EPS growth Mild bullish      Expected Odds: 55-65% for Wee Hur 5-10% rally Mon-week1 (like Seatrium initial) 35-45% for sustained 20%+ (Seatrium-style), needing upgrades/volume. Risks: Small-cap profit-taking, market weakness. DYOR

 

I asked Perplexity AI :Any reasons to hold for Wee Hur(E3B) to cross the S$1.00 mark like CSE, Nam Cheong, Centurions? 2) Analyse and weigh the Pros and Cons? Answer:  Yes, Wee Hur (E3B.SI) has credible paths to cross S$1.00 (from current ~S$0.775, +29% upside), mirroring past rallies in peers like CSE Global (544.SI, peaked S$1.50+ on orders), Nam Cheong (1MZ.SI, volatile post-consolidation), and Centurion (BUOU.SI, dorm/student accom steady climb). One broker targets S$1.00 (Hold, sum-of-parts on dorms/property/funds) others S$0.90-0.95 (FY26E P/E 13x), with 22% 3-mo potential to S$0.87+.

 

Reasons to Hold for S$1+

• 
  
  Pipeline Momentum: S$935M orderbook to FY2029 (construction/property self-feed), Pioneer Lodge ramp-up (67%&rarr 95% occ), Australia launches (Cryna 2,000+ lots, PBSA).
• 
  
  Recurring Cash: Dorms/investment properties (95% occ), PBSA funds (II/III scaling), div yield ~2% (1.5¢ FY25).​
• 
  
  Valuation Gap: Trades FY26E P/E ~8-10x vs peers 12-15x NAV supportive at S$1.00+ TP.
• 
  
  Peer Precedent: CSE/Nam Cheong rallied 50%+ on orders Centurion dorm tailwinds similar to Wee Hur PBWA/PBSA.​
• 
  
  Catalysts: Mon post-results pop, broker upgrades, Upper Thomson launch H1 2027.

Pros vs Cons

Net Weighing: Pros outweigh (60/40 hold case for S$1+ in 6-12mo) if dorm ramp + orders deliver peers like Centurion show accom stocks grind higher. But cap gains at S$0.90-0.95 without surprises. P/E expansion needs volume.

sfw2124      ( Date: 28-Feb-2026 13:45) Posted: A post-announcement rally for Wee Hur (E3B.SI) similar to Seatrium' s (5E2.SI) is plausible short-term (Mon 2 Mar gap-up 5-10%), but less likely to match Seatrium' s scale or duration due to differences in size, sector hype, and liquidity. Seatrium jumped ~3-5% post-FY2025 (profit doubled to S$324M+), sustained by oil/gas boom Wee Hur' s +27% profit beat supports bounce from S$0.775, with PTs S$0.90-0.99 (16-28% upside). Key Comparison Aspect Wee Hur (E3B) Seatrium (5E2) Rally Implication Market Cap/Liquidity Small-cap (~S$73M), low volume Large-cap (S$7B+), high volume Wee Hur volatile easier pop but fades fast  ​ Earnings Beat +27% NP (S$68M), adj +130% Profit doubled (+106%), margins up Both strong Wee Hur sets stage for 5-15%  Catalysts Orderbook S$935M, div 1.5¢ , property/dorms Energy backlog, asset sales Wee Hur solid but no " hot" theme like oil  Recent Action -13% dip to 0.775 pre-ann Stable pre-earnings, +3-5% post Wee Hur rebound potential higher  ​ ​ Analyst PT/Upside S$0.90-0.99 (16-28%) S$2.40-4.10 (higher multiples) Supportive for Wee Hur  Forecast +22% 3-mo (to S$0.87) 16% EPS growth Mild bullish      Expected Odds: 55-65% for Wee Hur 5-10% rally Mon-week1 (like Seatrium initial) 35-45% for sustained 20%+ (Seatrium-style), needing upgrades/volume. Risks: Small-cap profit-taking, market weakness. DYOR sfw2124      ( Date: 28-Feb-2026 13:42) Posted: Layman Summary Post for ShareJunction Title: Wee Hur FY25 Profits UP Big! H2 Profit S$29.8M (From Loss), Div 1¢ &ndash Simple Breakdown Hey all, Wee Hur (E3B) smashed FY25 results simple version: Full Year: Sales $295M (+47%), Profits $68M (+27%)! EPS 7.44¢ up 27%. 2nd Half: Sales $140M (+52%), Profits $30M (was -$12M loss last year!). Why?  Property hot (Bartley Vue sold out), dorms full, construction jobs lined up to 2029 ($935M book). One-off fee from Aussie student dorm sale. Div?  1¢ final (total 1.5¢ yr), pay May. Cash strong $251M. Price dipped to 0.775 pre-ann but beats + orderbook = Mon bounce? Like Seatrium post-results? Chart attached. DYOR! Do your own research

 

A post-announcement rally for Wee Hur (E3B.SI) similar to Seatrium' s (5E2.SI) is plausible short-term (Mon 2 Mar gap-up 5-10%), but less likely to match Seatrium' s scale or duration due to differences in size, sector hype, and liquidity. Seatrium jumped ~3-5% post-FY2025 (profit doubled to S$324M+), sustained by oil/gas boom Wee Hur' s +27% profit beat supports bounce from S$0.775, with PTs S$0.90-0.99 (16-28% upside).

Key Comparison

Expected Odds: 55-65% for Wee Hur 5-10% rally Mon-week1 (like Seatrium initial) 35-45% for sustained 20%+ (Seatrium-style), needing upgrades/volume. Risks: Small-cap profit-taking, market weakness.

DYOR

sfw2124      ( Date: 28-Feb-2026 13:42) Posted: Layman Summary Post for ShareJunction Title: Wee Hur FY25 Profits UP Big! H2 Profit S$29.8M (From Loss), Div 1¢ &ndash Simple Breakdown Hey all, Wee Hur (E3B) smashed FY25 results simple version: Full Year: Sales $295M (+47%), Profits $68M (+27%)! EPS 7.44¢ up 27%. 2nd Half: Sales $140M (+52%), Profits $30M (was -$12M loss last year!). Why?  Property hot (Bartley Vue sold out), dorms full, construction jobs lined up to 2029 ($935M book). One-off fee from Aussie student dorm sale. Div?  1¢ final (total 1.5¢ yr), pay May. Cash strong $251M. Price dipped to 0.775 pre-ann but beats + orderbook = Mon bounce? Like Seatrium post-results? Chart attached. DYOR! Do your own research Joelton      ( Date: 28-Feb-2026 13:24) Posted: Wee Hur back in the black with H2 FY2025 earnings at S$29.8m proposes S$0.01 dividend Revenue for H2 FY2025 rises 52% to S$139.5 million from S$91.7 million in H2 FY2025 [SINGAPORE] Property company Wee Hur on Friday (Feb 27) posted H2 FY2025 earnings of S$29.8 million, a reversal from a loss of S$12.5 million in the period the year prior.    Revenue for H2 FY2025 rose 52 per cent to S$139.5 million from S$91.7 million previously. This was driven mainly by progressive revenue recognition from the property segment, continued progress recognition from ongoing building construction projects and contributions from the workers&rsquo dormitory segment.   Earnings per share for H2 FY2025 stood at S$0.0324 compared with a loss per share of S$0.0136 in the previous corresponding period.   The board has recommended a final cash dividend of S$0.01 per ordinary share for the full year, an increase from S$0.008 in the year-ago period. It will be paid on May 22 &ndash subject to approval at the upcoming annual general meeting &ndash after the book closure date of May 8.   Earnings for the full year rose 27 per cent to S$68.4 million from S$54 million previously. Revenue for FY2025 rose 47 per cent to S$295.4 million from S$200.8 million previously.   This translated to an earnings per share of S$0.0744, up 27 per cent from S$0.0588 in FY2024.   The improvement in the bottom line was driven by robust revenue growth across its core property, building construction and workers&rsquo dormitory segments. Earnings for FY2025 also benefited from a one-off performance fee from a partial disposal of the purpose built.student accommodation portfolio under Wee Hur PBSA Master Trust.   This was partially offset by lower contributions from share of profits from a joint venture following the disposal.   During the year, the group completed the disposal of properties under the Wee Hur PBSA Master Trust (Fund I) for A$1.6 billion (S$1.3 billion). The disposal allowed it to realise a significant part of its investment in the fund and reallocate capital to other investments, the group said.   The group remarked that it is &ldquo well-positioned to accelerate the growth of its business&rdquo , supported by a stable fund management revenue stream and an experienced management team.   The Singapore property development segment was a major revenue contributor for the period. The segment&rsquo s revenue rose 83 per cent to S$82.9 million, amid progressive recognition of revenue from the Bartley Vue project, which reached 84.9 per cent completion and has been sold out.   Looking ahead, the company intends to capitalise on sustained demand for residential projects in Singapore and the Australian purpose-built student accommodation (PBSA) sector. It recently secured the government land sales development in Upper Thomson, and expects to launch the 596-unit project in the first half of 2027.   &ldquo We endeavour to grow the platform in a disciplined manner to deliver sustainable, long-term value for our shareholders,&rdquo said Goh Yeow Lian, executive chairman and managing director of Wee Hur.

 

Layman Summary Post for ShareJunction

Title: Wee Hur FY25 Profits UP Big! H2 Profit S$29.8M (From Loss), Div 1¢ &ndash Simple Breakdown

Hey all, Wee Hur (E3B) smashed FY25 results simple version:

• 
  
  Full Year: Sales $295M (+47%), Profits $68M (+27%)! EPS 7.44¢ up 27%.
• 
  
  2nd Half: Sales $140M (+52%), Profits $30M (was -$12M loss last year!).
• 
  
  Why?  Property hot (Bartley Vue sold out), dorms full, construction jobs lined up to 2029 ($935M book). One-off fee from Aussie student dorm sale.
• 
  
  Div?  1¢ final (total 1.5¢ yr), pay May. Cash strong $251M.

Price dipped to 0.775 pre-ann but beats + orderbook = Mon bounce? Like Seatrium post-results? Chart attached.

DYOR! Do your own research

Joelton      ( Date: 28-Feb-2026 13:24) Posted: Wee Hur back in the black with H2 FY2025 earnings at S$29.8m proposes S$0.01 dividend Revenue for H2 FY2025 rises 52% to S$139.5 million from S$91.7 million in H2 FY2025 [SINGAPORE] Property company Wee Hur on Friday (Feb 27) posted H2 FY2025 earnings of S$29.8 million, a reversal from a loss of S$12.5 million in the period the year prior.    Revenue for H2 FY2025 rose 52 per cent to S$139.5 million from S$91.7 million previously. This was driven mainly by progressive revenue recognition from the property segment, continued progress recognition from ongoing building construction projects and contributions from the workers&rsquo dormitory segment.   Earnings per share for H2 FY2025 stood at S$0.0324 compared with a loss per share of S$0.0136 in the previous corresponding period.   The board has recommended a final cash dividend of S$0.01 per ordinary share for the full year, an increase from S$0.008 in the year-ago period. It will be paid on May 22 &ndash subject to approval at the upcoming annual general meeting &ndash after the book closure date of May 8.   Earnings for the full year rose 27 per cent to S$68.4 million from S$54 million previously. Revenue for FY2025 rose 47 per cent to S$295.4 million from S$200.8 million previously.   This translated to an earnings per share of S$0.0744, up 27 per cent from S$0.0588 in FY2024.   The improvement in the bottom line was driven by robust revenue growth across its core property, building construction and workers&rsquo dormitory segments. Earnings for FY2025 also benefited from a one-off performance fee from a partial disposal of the purpose built.student accommodation portfolio under Wee Hur PBSA Master Trust.   This was partially offset by lower contributions from share of profits from a joint venture following the disposal.   During the year, the group completed the disposal of properties under the Wee Hur PBSA Master Trust (Fund I) for A$1.6 billion (S$1.3 billion). The disposal allowed it to realise a significant part of its investment in the fund and reallocate capital to other investments, the group said.   The group remarked that it is &ldquo well-positioned to accelerate the growth of its business&rdquo , supported by a stable fund management revenue stream and an experienced management team.   The Singapore property development segment was a major revenue contributor for the period. The segment&rsquo s revenue rose 83 per cent to S$82.9 million, amid progressive recognition of revenue from the Bartley Vue project, which reached 84.9 per cent completion and has been sold out.   Looking ahead, the company intends to capitalise on sustained demand for residential projects in Singapore and the Australian purpose-built student accommodation (PBSA) sector. It recently secured the government land sales development in Upper Thomson, and expects to launch the 596-unit project in the first half of 2027.   &ldquo We endeavour to grow the platform in a disciplined manner to deliver sustainable, long-term value for our shareholders,&rdquo said Goh Yeow Lian, executive chairman and managing director of Wee Hur.