SLB Developments

New contract brings Lian Beng's order book to $2.3 billion - THE EDGE SINGAPORE

Contracts

New contract brings Lian Beng's order book to $2.1 billion

In the company's most recent update on Feb 2, its total order book was $1.9 billion.

Results

SLB Development reports 91.8% surge in 2HFY2022 earnings of $16.6 mil

SLB has declared a final dividend of 0.2 cents per share for the FY2022.

Property

KSH Holdings' associated company wins tender for Euro-Asia Apartments for $222.2 mil

The property will be redeveloped into a new residential development with around 172 residential units.
SLB Development reports 23.5% higher earnings of $13.4 mil in FY2021 - THE EDGE SINGAPORE

Results

SLB Development reports 23.5% higher earnings of $13.4 mil in FY2021

The group has declared a final dividend of 0.1 cents a share for the FY2021.
Lian Beng's Ong family makes 50 cents per share offer as required under takeover code - THE EDGE SINGAPORE

M&A

Lian Beng's Ong family makes 50 cents per share offer as required under takeover code

Lian Beng last traded at 48.5 cents before a trading halt was called

Results

SLB Development reverses out of the red to earnings of $10.8 mil for FY20

SLB Development, the development spin-off from Lian Beng Group, has posted earnings of $10.8 million for FY20 ended May 31, swinging out from losses of $5.0 million a year ago.

Funds

New property fund manager 32RE to focus on co-living, HNW investors and family offices

In the light of the global pandemic, which company — at its infancy when it is most vulnerable — would be brave enough to take a chance on the hospitality sector?
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