AEI Corporation

The name change is to better reflect the company’s focus on its new business.

AEI's share price climbed to a high of $1.44 this afternoon, up 23 cents from its last close of $1.21 on Jul 15.

As at 10.52am, shares in AEI are trading 1 cent higher or 0.6% up at $1.76.

Aluminum products manufacturer AEI is now pivoting into the liquor business, in a bid to enhance profitability. Find out more.

SINGAPORE (Dec 30): AEI Corporation has entered into a put and call option agreement to sell its premises at 12 Penjuru Lane in western Singapore to logistics provider ACW Holdings for $19 million – more than 10 times the book value of the property.

(Nov 18): Precision component extraction and manufacturing company AEI Corp recently bought back some of its shares from the market. On Nov 11, it purchased about 176,200 shares at 69.1 cents each, for a total consideration of $122,063.

SINGAPORE (Feb 26): AEI Corporation announced that its losses for FY17 have widened by 125.1% to $9.54 million compared to $4.24 million in FY16.

SINGAPORE (Aug 8): AEI Corporation posted marginally higher net loss of $3.5 million for the 1H17 ended June from the net loss of $3.4 million a year ago.

SINGAPORE (July 28): Global Palm Resources, Hong Leong Asia and AEI Corporation have issued profit guidance ahead of the release of their financial results, according to their respective SGX filings.