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Neo Group
Property
Neo Group to consolidate & shift operations to upcoming high-tech facility at Jurong
SINGAPORE (Mar 15): Catering company Neo Group is moving from its headquarters from Enterprise Road to 30B Quality Road at Jurong, where the group intends to construct a high-tech catering hub and integrated facility spanning 300,000 sq ft and 10 storeys
March 15, 2019
Results
Neo Group posts 17.7% drop in 3Q earnings to $1.7 mil
SINGAPORE (Feb 13): Neo Group, the integrated food solutions provider, recorded 3Q18/19 earnings of $1.7 million, 17.7% lower than $2.1 million in 3Q17/18.
February 13, 2019
Broker's Calls
RHB ceases coverage on Neo Group on low interest and trading liquidity
SINGAPORE (Nov 28): RHB is ceasing its coverage on events F&B caterer Neo Group due to low interest and trading liquidity of the stock.
November 28, 2018
M&A
Neo Group acquires 51% stake in How’s Catering for $4.4 mil
SINGAPORE (Sept 10): Neo Group is acquiring a 51% stake in Ye Liang How Catering Service or How’s Catering for $4.4 million.
September 10, 2018
Results
Neo Group posts 7.8% fall in 4Q earnings to $2.5 mil; declares 1 cent final dividend
SINGAPORE (May 23): Neo Group has reported a 7.8% fall in 4Q18 earnings to $2.49 million from $2.70 million in 4Q17.
May 23, 2018
M&A
Neo Group acquires 51% stake in Lavish Dine for $1.8 mil
SINGAPORE (Apr 16): Neo Group announced that it will be acquiring a 51% stake in Lavish Dine Catering for $1.79 million.
April 16, 2018
Broker's Calls
Neo Group's 3Q earnings up but high gearing still a worry
SINGAPORE (Feb 9): RHB is maintaining its “neutral” call on Neo Group with a target price of 64 cents, given the group’s 3Q18 results came in line with the house's expectations.
February 09, 2018
Results
Neo Group's 3Q earnings surge to $2.08 mil on absence of one-off loss
SINGAOPORE (Feb 7): Neo Group says 3Q earnings surged to $2.08 million from $0.13 million a year ago which recorded a one-off loss on disposal of 14 Senoko Way for $5.2 million.
February 07, 2018
Neo Group sets up Kim’s Paradise with 'tingkat king' goal in mind
SINGAPORE (Jan 8): Neo Group has set its eyes on becoming Singapore's largest "tingkat king" or tiffin carrier meal specialist in Singapore.
January 08, 2018
Broker's Calls
Inevitable GST rise makes shopping more expensive. So which stocks could be affected?
SINGAPORE (Nov 29): At the recent People’s Action Party (PAP) convention on Nov 19, Prime Minister Lee Hsien Loong said that “raising taxes is not a matter of whether, but a matter of when”.
November 29, 2017