SUTL Enterprise

SINGAPORE (Nov 9): SUTL Enterprise saw a 30% increase in net attributable profit to $657,000 for 3Q17 compared to $504,000 in 3Q16, which marina developer and operator attributes to its ongoing efforts to increase operational efficiency.

SINGAPORE (Oct 20): Arthur Tay, the CEO and executive director of marina developer and operator SUTL Enterprise, wants to have string of ONE°15 marinas lining major coastal cities of the world.

SINGAPORE (Oct 10): SUTL Enterprise has won its second management contract in China for an upcoming integrated marina, which will be located at Sanshan Island in Taihu Lake, Suzhou.

SINGAPORE (Sept 13): SUTL Enterprise on Tuesday announced that it has signed a Memorandum of Understanding (MOU) with the Hainan Cruise & Yacht Association (HCYA) to be its strategic partner in the development and expansion of Hainan Island’s yachting,

SINGAPORE (Aug 25): KGI is maintaining its “buy” call on SUTL Enterprise with a target price of $1.04 on the back of better 2Q17 performance.

SINGAPORE (Aug 14): SUTL Enterprise, the developer and operator of marinas, announced 2Q17 earnings increased 15% to $686,000 from $598,000 in 2Q16.

SINGAPORE (June 12): SUTL Enterprise announced Monday that it has signed a Memorandum of Understanding (MOU) with PT Pelindo Properti Indonesia (PT PPI) to provide integrated marina consultancy services for a marina project currently under construction at

SINGAPORE (May 11): SUTL Enterprise, the marina developer and owner of ONE°15 Marina Club in Sentosa Cove, reported a 1% rise in 1Q earnings to $0.79 million from a year ago due to its focus on cost containment and improving operational efficiencies.

SINGAPORE (March 9): KGI Securities has initiated coverage of SUTL Enterprise, the operator and owner of ONE°15 Marina Club in Sentosa, with a “buy” recommendation and a target price of $1.09.

SINGAPORE (March 2): UOB KayHian likes SUTL Enterprise, owner and operator of the award winning ONE15 Marina Club at Sentosa Cove.