property development

SINGAPORE (Aug 27): GuocoLand announced earnings of $141.2 million for the 4Q ended June, down 42% from $244.8 million a year ago on lower revenue and other income.

SINGAPORE (Aug 10): City Developments (CDL) announced earnings of $204.8 million for the 2Q ended June, up 79.5% from its 2Q17 earnings of $114.1 million a year ago, backed by stronger sales recognition during the period under review.

SINGAPORE (Aug 2): Thakral Corporation reported a 50% rise in 1H18 earnings to $4 million compared to its earnings of $2.7 million a year ago. This came on the back of strong revenue growth from both its core businesses, investment and lifestyle.  

SINGAPORE (Mar 9): Koh Brothers has submitted the winning bid of $120.4 million in a tender for the en-bloc sale of Toho Mansion at 186-200 Holland Road.

SINGAPORE (Nov 13): Koh Brothers Group has announced $5.1 million in earnings for 3Q17, up 18.4 times from its earnings of $0.3 million a year ago on a one-off disposal gain registered over the quarter.  

SINGAPORE (Oct 23): The potential spinoff of Lian Beng’s property business may trigger a stock price re-rating to $1.08, a 11.6% discount from its book value per share of $1.2076, says NRA Capital.

SINGAPORE (Oct 11): Shares of Inch Kenneth Kajang Rubber will cease trading on the London Stock Exchange (LSE) with effect from Nov 6.

SINGAPORE (Aug 15): Phillip Capital is maintaining its “accumulate” recommendation on Ho Bee Land at a target price of $2.98, after the property developer last week announced its financial results for the quarter ended June.  

SINGAPORE (Aug 11): KSH Holdings, the construction, property development and property management group, announced 1Q18 earnings dropped 40.8% to $6.05 million from $10.2 million in 1Q17.

(June 27): The broad market apathy towards shares in Singapore Press Holdings belies the confidence with which the company is pursuing its next major property development project, and its solid track record in creating value in the real estate sector. The