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Lian Beng Group
Results
Lian Beng expects lower profits for FY2023 after subsidiary SLB Development issues profit guidance
Pursuant to a waiver granted by SGX-ST, Lian Beng will not be releasing its financial results announcement for FY2023.
July 20, 2023
Company in the news
Lian Beng loses free float, Ong family to compulsory acquire remaining shares
The offerors have secured 90.14% of the shares as of July 4
July 04, 2023
Global Markets
Some like it hot, but I don't
Many investors draw inspiration from Marilyn Monroe. Chew prefers to make cold, boring, but profitable bets
May 18, 2023
Company in the news
Ong family revises privatisation offer for Lian Beng to 68 cents
Lian Beng's last reported net asset value per share was $1.54.
May 03, 2023
Company in the news
SIAS calls on Ong family to improve privatisation offer for Lian Beng
SIAS will not stand by and allow companies to get away with lowball offers that are not fair and reasonable
April 24, 2023
Offer
Lian Beng's Ong family offers 62 cents per share in unconditional cash offer
The offeror, OSC Capital, intends to delist Lian Beng after the completion of the offer.
April 11, 2023
Contracts
New construction project brings Lian Beng's order book in Singapore to $1.9 bil
Lian Beng's wholly-owned subsidiary Deenn Engineering secured the construction project.
February 02, 2023
Results
Lian Beng reports 1HFY2023 earnings of $22 million, up 48% y-o-y
Order book has reached $1.9 billion
January 12, 2023
Property
Lian Beng says property in JTC probe is owned by 80%-owned subsidiary
Shares in Lian Beng Group closed 0.5 cent higher or 1% at 50.5 cents on Oct 26.
October 26, 2022
Insider moves
Mapletree Industrial’s director Cheah raises stake; Lian Beng’s Ong family buys more shares
Cheah bought the units amid a broader down market
September 29, 2022