Roxy Pacific Holdings

Global Economy

Briefs

Quoteworthy: "Donald learned long ago how to pick his targets." — Mary Trump, niece of the US president, in her upcoming tell-all family memoir, “Too Much and Never Enough: How My Family Created the World’s Most Dangerous Man”.

Property

Roxy-Pacific Holdings acquires Melbourne property on Queen Street for A$145 mil

The freehold property, situated in Melbourne’s central business district (CBD) comprises a commercial tower with offices, retail offerings and community amenities.

Results

Roxy-Pacific reports 16% drop in 2Q earnings to $4.2 mil on higher costs, lower gains

SINGAPORE (July 31): Roxy-Pacific Holdings recorded 2Q earnings of $4.2 million, down 16% from $5.0 million a year ago. This brought 1H19 earnings down 27% to $9.3 million.

Broker's Calls

Roxy Pacific, Chip Eng Seng and Tuan Sing catch eye of CIMB, micro though they may be

SINGAPORE (Nov 6): CIMB have selected Chip Eng Seng, Roxy Pacific and Tuan Sing after a runup in the share prices of property stocks prompted the research house to broaden its search for value to include both the mid- and smaller-cap property companies.
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