PROPERY developer Hong Fok Corporation net profit rose 80 per cent to S$9.1 million for the first half of the fiscal year ending Jun 30, 2022, from S$5.1 million in the year-ago period.

For the 5 trading sessions that spanned Jul 1 to 7, the Straits Times Index (STI) gained 0.9 per cent, with the FTSE China A50 Index declining 0.8 per cent, the Hang Seng Index declining 0.2 per cent and the FTSE Bursa Malaysia KLCI declining 1.4 per cent.

FOR the 5 trading sessions over the span of Apr 8 to 14, the Straits Times Index lost 2 per cent. The Singapore market was closed on Apr 15 for Good Friday. Over the same period, the FTSE Bursa Malaysia KLCI was down 0.3 per cent and the Hang Seng Index fell 1.3 per cent. The Nikkei 225 was ...

As at Feb 10, Singapore Paincare has 13 clinics offering five main services including specialist pain-care services, primary healthcare, health screening, physiotherapy and TCM.On Feb 14, the company reported earnings of $2.3 million for its 1HFY2022 ended Dec 31, 2021, more than treble of the $0.7 ...

FOR the 5 trading sessions that spanned Apr 1 to 7, the Straits Times Index (STI) declined 0.1 per cent, with the FTSE China A50 Index gaining 1.0 per cent, the Hang Seng Index declining 0.4 per cent and the FTSE Bursa Malaysia KLCI adding 1.0 per cent.

FOR the 5 trading sessions that spanned Apr 1 to 7, the Straits Times Index (STI) declined 0.1 per cent, with the FTSE China A50 Index gaining 1.0 per cent, the Hang Seng Index declining 0.4 per cent and the FTSE Bursa Malaysia KLCI adding 1.0 per cent.

His last purchase before this was on March 1 when he acquired 42,000 shares at $31,080 or 74 cents each.As at Dec 31, 2021, Hong Fok’s investment properties in both Singapore and Hong Kong are collectively carried in its books at just over $3.2 billion.The key asset is The Concourse, a 41-storey c...

HONG Fok Corporation has reported a profit of S$41.8 million for FY2021 ending Dec 31, a reversal from a loss of S$8.7million a year prior, rising in tandem with revenue.

Singapore’s first listed hybrid real estate investment manager, CapitaLand Investment (CLI) has risen from a pro forma net asset value (NAV) of $2.93 as at June 30 to more than $3.52 as at Sept 29. CapitaLand shareholders were given one CLI share at an NAV of just $2.83. Now, CLI’s market cap â€...

Property developer Roxy-Pacific Holdings has been on the radar of SAC Capital, following an offer it received on Sep 20 to delist. The pre-conditional voluntary general offer was made by TKL & Family for all the issued ordinary shares in the company. The offeror is also the bid vehicle for a con...

It was reported by EdgeProp.sg that International Plaza has been put up for collective sale with a price tag of $2.7 billion. Of course, at first glance, the initial beneficiary is likely to be Fuji Xerox Towers, owned by City Developments (CDL), which is being torn down. Even without the benefit of...

Investors have often wondered why seemingly undervalued stocks never seem to get off the ground. Hongkong Land is a prime example of this. Why can’t the stock price narrow the discount between its price and its net asset value (NAV)? In March this year, CapitaLand’s management gave the market a...

A t $1.11, Yanlord Land Group is at a one-year low. During the Covid-19 sell down in March last year, Yanlord fell to as low as 91 cents. At its current level, Yanlord is trading at a fraction of its net asset value (NAV) at 0.33 times. Even allowing for its assets being mainly in China (except for ...

The Straits Times Index has been hit by the sell-in- May- and-go-away trend. It appears, however, that after falling almost 145 points week-on-week, the index may actually find support shortly, at the confluence of a support area at 3,050 and its 100-day moving average at 3,040. The original breakou...

THE following companies saw new developments that may affect trading of their securities on Tuesday: