OKH Global

OKH Global to acquire Chip Eng Seng Construction for $118.5 mil - THE EDGE SINGAPORE

Company in the news

OKH Global to acquire Chip Eng Seng Construction for $118.5 mil

The acquisition is set to be satisfied through the issuance of new shares in OKH Global at an issue price of 5.252 cents per share.

Property

OKH Global to sell property to Chip Eng Seng at $35 million

Celine Tang chairs both companies' boards

Results

OKH Global reports 11.7% higher earnings of $5.3 mil for 1HFY2022

Shares in OKH Global closed flat at 2.7 cents on Feb 11.

Results

OKH Global back in the black for FY2021 with $3.6 mil earnings

EPS in FY2021 stood at 32 cents compared to the loss per share of 1.98 cents in FY2020.
OKH Global promotes financial controller to CFO - THE EDGE SINGAPORE

New appointments

OKH Global promotes financial controller to CFO

Ng has served as the group financial controller since Oct 2016.

M&A

OKH unit to sell Tuas dormitory to associated company of OneApex for $24 mil

SINGAPORE (Nov 7): OKH Holdings, a wholly-owned subsidiary of OKH Global, is divesting its three-storey workers’ dormitory at Seatown Industrial  Centre in Tuas South for $24 million.

Results

OKH Global 3Q losses narrow to $3.6 mil despite lower revenue

SINGAPORE (May 10): OKH Global reported 3Q ended March losses narrowed 85.7% to $3.6 millio from a year ago. This came on the back of lower general and administrative expenses.

Results

OKH Global posts 2Q earnings more than treble to $3.01 mil on higher revenue

SINGAPORE (Feb 6): OKH Global announced that its 2Q18 earnings has increased more than threefold to $3.01 million, compared to $0.86 million in 2Q17.

OKH Global signs cooperation agreement with Ping An logistics unit to develop warehousing services in China

SINGAPORE (Feb 1): OKH Global has entered into a strategic cooperation agreement with Ping An Industrial and Logistics to develop and manage a network of high quality logistics and warehousing facilities in China.
×