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Fu Yu Corp reports lower revenue for 3QFY22, but net profit increase by 42.5% - THE EDGE SINGAPORE

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Fu Yu Corp reports lower revenue for 3QFY22, but net profit increases by 42.5%

The higher net profit came about as it is in a net US dollar position, which means it benefits from the appreciation of the USD.

JES International to acquire Maya Asia Resources for $16.3 mil

SINGAPORE (Nov 30): Shipbuilder JES International is planning to acquire Malaysian investment holding company Maya Asia Resources for $16.3 million in a cash and shares deal.
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