USP Group

Results

USP sinks into the red in 2Q on higher expenses

SINGAPORE (Nov 14): USP Group reported a loss of $0.5 million for 2Q18, sinking into the red from its earnings of $0.2 million a year ago on higher expenses.

Results

USP Group swings to FY17 net loss of $3.6 mil

SINGAPORE (July 29): USP Group swung to a FY17 net loss of $3.6 million from a profit of $0.4 million a year ago due to higher cost of sales and an increase in general and administrative expenses after its recent acquisitions.

In the wake of shareholders' vote, two board departures at USP Group within a fortnight

SINGAPORE (July 20): A disgruntled USP Group shareholder failed to oust key directors of the board, but some three months after an EGM was called, the company’s board has seen two departures within the past fortnight.

USP says director Ngan See Juan to vacate office

SINGAPORE (July 10): USP Group has asked Ngan See Juan to vacate from his office as a director of company.

IPO

USP mulls spin-off and listing of Supratechnic on GEM in HK

SINGAPORE (May 30): Oil blending firm USP Group is in preliminary discussions to explore the spin-off listing of its wholly-owned subsidiary Supratechnic on the Growth Enterprise Market (GEM), an alternative stock market set up and operated by the Hong Ko

USP Group finally releases Circular ahead of Wednesday EGM

SINGAPORE (May 22): Round Two of USP Group’s extraordinary general meeting, to be held on May 24, is shaping up to be a rousing one.

USP EGM adjourns amid absence of information

With USP's EGM adjourned to this Wednesday (May 22), here is the Edgewise that first appeared in the May 15 issue (No. 779) of The Edge Singapore

Stocks To Watch

Frasers Centrepoint Limited, Ascott Residence Trust, SATS, USP Group

SINGAPORE (April 17): Here are some stocks that could move the market this Monday morning.

USP receives notice of May 8 EGM from lawyers of requisitioning members

SINGAPORE (April 17): USP Group had on April 7 received a letter from the solicitors representing one of the two requisitioning members.
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