Thakral Corp

Views from the trenches: Listcos given unfair valuations - THE EDGE SINGAPORE

Singapore news

Views from the trenches: Listcos given unfair valuations

Undervalued shares can't be used to as acquisition currency to capture regional growth opportunities
Thakral reports lower FY2023 earnings on restructuring costs - THE EDGE SINGAPORE

Results

Thakral reports lower FY2023 earnings on restructuring costs

The company plans to pay a final dividend of 2 cents, bringing total payout for FY2023 to 4 cents

kopi-C: the Company brew

We’ve re-invented ourselves from VCRs to drones: Thakral's CEO Inderbethal

'We were in a difficult place and had to reinvent ourselves completely'

Results

Thakral reports lower FY2022 earnings on higher costs, plans special dividend to bring yield to 8%

For its 2HFY2022, earnings increased by 40% to $21.9 million,

Insider moves

Jumbo and Thakral in the buyback spotlight

Jumbo has bought back more shares at higher prices

Property

Thakral divests Hotel WBF Namba Motomachi in Osaka, Japan

The consideration was said to be about 2% lower than its original acquisition cost
Thakral seeking investors for GemLife joint venture; 'multi-billion' valuation to be 'finalised' - THE EDGE SINGAPORE

Property

Thakral seeking investors for GemLife joint venture; 'multi-billion' valuation to be 'finalised'

The potential sale of the "$1b‐plus stake” in the AFR report is "strictly indicative."

Property

Small developers also make a beeline down under

Small developers look for opportunities in Australia
Thakral Corporation makes $2.5 million after divesting Osaka building - THE EDGE SINGAPORE

REITs

Thakral Corporation makes $2.5 million after divesting Osaka building

Thakral has divested one of its buildings in its real estate portfolio in Japan, netting $2.5 million over the original cost
Thakral reports surge in earnings to $8.95 million in 1H21; declares interim dividend of 2 cents - THE EDGE SINGAPORE

Results

Thakral reports surge in earnings to $8.95 million in 1H21; declares interim dividend of 2 cents

The group’s net asset value per share increased to $1.14 in 1HFY21, from $1.13 on Dec 31.
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