Lian Beng Group

Property

Lian Beng Group to dispose of property at Joo Chiat Road for $42 mil

The disposal is expected to have a positive impact on Lian Beng’s net EPS and NTA per share for the current FY.

Results

Lian Beng Group reports 66.7% earnings jump for FY2022

The company plans to pay a final dividend of two cents per share, bringing full year payout to three cents
RHB maintains “buy” call on Food Empire with the sale of its industrial office - THE EDGE SINGAPORE

Broker's Calls

RHB maintains ‘buy’ call on Food Empire with the sale of its industrial office

RHB analyst Jarick Seet has maintained his “buy” call on Food Empire Holdings with a target price of $0.95.

Property

Lian Beng to buy building from Food Empire for $49.25 million

Food Empire will see its NTA per share increase from 40.46 cents to 43.12 cents

Property

SLB announces acquisition of North Canal Road shophouses, Melbourne office

CEO Matthew Ong says these deals marks “good progress” by the company in diversifying its short–term recurring income stream
Lian Beng wins new contract bringing order book to $1.5 bil - THE EDGE SINGAPORE

Construction

Lian Beng wins new contract bringing order book to $1.5 bil

These contracts are estimated to keep the company busy till FY2026.

Results

Lian Beng Group reports 15.5% lower earnings of $14.9 mil in 1HFY2022

An interim dividend of 1.0 cent per share has been declared for the 1HFY2022.

Results

SLB Development to report 'significant increase' in net profit for 1HFY22; Lian Beng Group expects lower performance

Both SLB Development and Lian Beng Group will release their results on or before Jan 14.

Broker's Calls

PhillipCapital sees positives for Lian Beng despite tough construction sector in unrated report

Lian Beng’s construction order book remains strong at $1.4 bil, which is expected to support construction activities until FY26.
×