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Nera Telecommunications (NeraTel)
Offer
Ennoconn buys 53.38% stake in NeraTel; makes mandatory unconditional cash offer of 7.5 cents per share
As at Sept 4, Ennoconn has paid approximately TWD1.37 million ($55,629.98), comprising 137,027, 048 ordinary shares.
September 04, 2024
Results
NeraTel posts 44.7% decline in revenue of $22.3 mil in 1QFY2024, grows order intake by 61.1%
NeraTel posts lower 1Q revenue but order intake shows significant growth.
May 02, 2024
Results
NeraTel is back in the black in FY2023 with earnings of $5.5 million
NeraTel is back in the black in FY2023.
March 01, 2024
Company in the news
Subsidiary of Nera Telecommunications receives charge from ABN Infinity Service
The charge against NeraTel follows a successful claim against ABN’s bounced cheque of $130,000.
July 24, 2023
Contracts
Nera Telecommunications wins contracts from three service providers worth $17 mil
The contracts are expected to have a significant positive impact on the performance of the company for the current financial year.
September 06, 2022
Results
NeraTel revenue grows 22.4% y-o-y in 1Q22, mainly from government, telecom and utilities
NeraTel saw a 622% jump in orders from its GTU segment, while revenue from this segment rose 100% y-o-y in 1Q22.
May 23, 2022
Property
Nera Telecommunications to dispose of 109 Defu Lane 10 for $6.3 million
The company issued an option to purchase to De Tian Holdings on April 7, which expires at 4pm on April 22.
April 07, 2022
New appointments
Nera Telecommunications appoints new CEO and executive director
As part of his role Chong will lead the group by charting its next phase of growth in systems integration and tech-related areas
February 07, 2022
New appointments
Neratel appoints Tan Cham Khain Orlando as new CCO
Neratel has appointed Tan Cham Khain Orlando as Chief Commercial Officer of the Group from today.
February 26, 2021
Telecommunications
Nera Telecommunications files police report over misdirected remittance
The misdirected remittance was due to a fraudulent instruction by a party purporting to be a supplier.
October 06, 2020