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SLB Development
Results
SLB Development sinks into $22.1 mil loss in FY2024
Full-year revenue plunged by 98.3% y-o-y to $805,000 mainly due to the absence of revenue from property development projects.
July 29, 2024
Results
SLB Development expects 1HFY2024 loss in profit guidance
The company will release its 1HFY2024 results on or before Jan 12, 2024.
December 22, 2023
Results
SLB Development reports loss of $2.8 mil for the 2HFY2023
A final dividend of 0.1 cent has been declared for the period.
July 25, 2023
Results
Lian Beng expects lower profits for FY2023 after subsidiary SLB Development issues profit guidance
Pursuant to a waiver granted by SGX-ST, Lian Beng will not be releasing its financial results announcement for FY2023.
July 20, 2023
Results
SLB Development expects loss for 2HFY2023 in profit guidance
The expected loss in 2HFY2023 will also likely result in a lower profit for FY2023 compared to its FY2022 results.
July 20, 2023
Property
Chip Eng Seng enters into agreements with its JV partners to redevelop Peace Centre and Peace Mansion
The partners, through their JVCos, have also entered into a facility agreement with several banks for a loan of $835.7 million.
February 17, 2023
Results
Lian Beng Group reports 66.7% earnings jump for FY2022
The company plans to pay a final dividend of two cents per share, bringing full year payout to three cents
July 27, 2022
Property
SLB announces acquisition of North Canal Road shophouses, Melbourne office
CEO Matthew Ong says these deals marks “good progress” by the company in diversifying its short–term recurring income stream
June 09, 2022
Deals, joint ventures & alliances
SLB and Weave Living jointly acquire hotel in Jalan Sultan for $74.8 million
SLB will jointly acquire the 17 shophouses currently operating as Hotel Clover in Jalan Sultan for $74.8 million with Weave Living
March 11, 2022
Results
SLB more than doubles earnings of $12.0 mil in 1HFY2022
SLB Development Ltd has reported nearly doubled earnings of $12.0 million in 1HFY2022
January 14, 2022