SATS’ 3QFY2012 Net Profit Down 25.4 Per cent Singapore Airport Terminal Services (SATS) Limited Tuesday posted a 25.4-per cent decline in net profit for the third quarter ending 31 December 2011 (3QFY2012). Bottomline for the period dropped to S$38.2 million from S$51.2 million a year ago, despite a 32.3-per cent rise in group revenue to ...
ListCosSwiber Wins New Deals Worth US$216 million Swiber Holdings Limited, an integrated construction and support services provider to the offshore industry, Monday announced that it has secured a string of contract wins totalling US$216.0 million (S$268.2 million). The new deals include offshore construction projects and vessel chartering services in Southeast Asia and South Asia. The ...
ListCosValuetronics Records Flat Earnings in 3QFY2012 Valuetronics Holdings Limited, a design and manufacturing partner for the world’s leading brands in the consumer, commercial and industrial electronics sectors, Friday reported flat net earnings of HK$31.5 million (S$5.1 million) for the three months ending 31 December 2011 (3QFY2012), despite a 17.7-per cent year-on-year rise in group revenue ...
ListCosGLP to Build US$103-million Logistics Facility in Okayama, Japan Global Logistic Properties Limited (GLP) Thursday announced that in June this year, it will start construction of a 79,023-square metre large-scale logistics facility at Soja in Japan’s Okayama prefecture at an estimated cost of US$103.0 million (S$128.0 million). The facility is expected to be completed in ...
ListCosSee Hup Seng’s Subsidiary Wins Five-year Asphalt Deal See Hup Seng Limited Wednesday announced that its wholly-owned subsidiary, TAT Petroleum Pte Ltd, has secured a new contract from its principal supplier, which is one of the world’s largest refiners of petroleum products, to package and resell asphalt in drums. TAT Petroleum said the packaging and ...
ListCosCenturion Acquires 85-per cent Stake in Tuas Dorm Operator Centurion Corporation Limited Tuesday announced that it has acquired an 85-per cent equity interest in DIPL held by Crest Industrial Holdings Pte Ltd (CIH). DIPL is an investment holding company that owns a foreign workers’ dormitory at 90 Tuas South Ave 9. It also has full ...
ListCosOlam to Invest US$75 million in Russia Dairy Sector Olam International Limited on Monday announced that it has invested US$75.0 million (S$93.8 million) for a 75 per cent stake in Russian Dairy Company, a growing player in the Russian dairy industry. The group plans to develop large scale dairy and grains farming in the ...
ListCosAscott REIT to Sell Melbourne Property for A$11.7 million Ascott Residence Trust (Ascott REIT) on Friday announced that it has entered into an agreement to divest its Somerset Gordon Heights Melbourne property for A$11.7 million (S$15.6 million). The REIT said it expects to realise a net gain of A$0.2 million from the sale, which is ...
ListCosEzion Clinches US$93.5-million Charter Contract Ezion Holdings Limited on Thursday announced that it has secured a charter contract worth US$93.5 million (S$118.5 million) to provide a service rig for a national oil major player to support its oil & gas activities in North America. The service rig is expected to be deployed and working in ...
ListCosSP AusNet Raises AS$272 million on Swiss Franc Bond Issue SP AusNet on Wednesday announced that it has completed its CHF250-million 5-year bond issue to raise approximately A$272.0 million (S$361.8 million). The bonds will mature in February 2017. The group said it received strong expression of interest from a series of debt investors in Europe, ...
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