Sakae Holdings

Douglas Foo of Sakae Holdings had an agreement to sell around 27.8 million shares for 95.3 cents

After the completion of the proposed sale, Douglas Foo will have a remaining stake of 46.15% in Sakae.

Following the realisation of the mistake, the company suspended the buying back of shares under the share buy-back mandate.

SINGAPORE (Oct 8): Perennial Real Estate Holdings’ associate TYN Investment (TYNI) has applied to the court seeking leave to start a claim for conspiracy against Griffin Real Estate Investment Holdings (GREIH) and Singaporean entrepreneur Andy Ong Siew

SINGAPORE (Feb 12): F&B group Sakae Holdings reversed into a loss of $0.55 million in 2Q19 ended Dec, from earnings of $0.99 million the year before.

SINGAPORE (May 14): Sakae Holdings reversed out of the red with earnings of $0.3 million for the 1Q ended March on the back of lower expenses, compared to losses of $1.3 million a year ago.

SINGAPORE (Feb 15): Sakae Holdings concluded FY17 with $1.1 million in earnings, reversing from its losses of $12.6 million in FY16 on reduced expenses.

SINGAPORE (Aug 14): Sakae Holdings swung back to profitability in 2Q17 and 1H17 with earnings of $2.3 million and $0.8 million respectively.