property developer

Results

Hatten Land sinks into the red on RTO-related expenses

SINGAPORE (May 11): Hatten Land, the property development arm of Malaysian conglomerate Hatten Group, reversed to a loss of RM74.2 million ($24.1 million) for the third quarter ended March 31, compared to its RM5.6 million of earnings posted in the same q

Results

GSH Corp sinks into 1Q loss of $1.35 mil on lower revenue & higher expenses

SINGAPORE (May 5): Property developer GSH Corp sunk into losses of $1.35 million for the first quarter ended March, versus a profit of $2.8 million posted in the same quarter a year ago.

Broker's Calls

A closer look at an uncontested winner among Singapore’s developers

SINGAPORE (March 31): CIMB Research is reiterating its “add” recommendation on property developer UOL Group, which remains the research house’s top pick among Singapore developers with an unchanged target price of $7.96.

CapitaLand may be rising, but here’s why it is still not time to ‘buy’

SINGAPORE (March 1): RHB is remaining “neutral” on CapitaLand while raising its target price to $3.60 from $3.15 previously, as it expects limited upside on the stock following the run-up in its share price, which has increased by about 20% in the yea

Broker's Calls

Stable outlook for Ho Bee Land, but returns likely to remain low

SINGAPORE (Feb 28): Maybank Kim Eng is maintaining its “hold” call on Ho Bee Land despite raising its target price on the stock to $2.47 from $2.13 previously, after rolling forward valuations to FY16 and incorporating the property developer’s recen

Broker's Calls

One developer is set to ride improving residential sentiment

SINGAPORE (Feb 27): Maybank Kim Eng Research continues to rate UOL Group Limited at “buy”, mainly for the property developer’s “strong execution with quick inventory turnover stemming from the right pricing strategy” following the release of its

Oxley grants IHC convertible loan facility of up to $50 mil

SINGAPORE (Feb 10): Property developer Oxley Holdings, together with CEO Ching Chiat Kwong and deputy CEO Low Chee Sing, have entered into an agreement to grant a convertible loan facility to medical group International Healthway Corporation (IHC) for the

Results

KSH Holdings sees 2Q earnings fall 65.5% to $8 mil on absence of one-off gain

SINGAPORE (Nov 14): KSH Holdings has posted 2Q17 earnings of $8 million, down 65.5% from $23.2 million a year ago, mainly due to the absence of share of results of associates booked in the previous year.

Results

GSH’s 3Q earnings fall 98% to $0.1 mil

SINGAPORE (Nov 4): GSH Corp posted a 98.4% fall in 3Q earnings to $0.1 million from $6.5 million a year ago on lower income and fair value loss on a financial derivative product.

Results

Top Global swings to a loss of $126,000 in 3Q

SINGAPORE (Oct 31): Property developer Top Global sunk to a loss of $126,000 in 3Q16 from earnings of $984,000 a year ago.
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