PSC Corporation has reported earnings of $12.7 million for the 1HFY2022 ended June, 41.9% higher than earnings of $8.9 million.The earnings surge was attributable to the higher other income, which rose by more than three folds to $4.7 million due to a one-time gain on de-consolidation of subsidiarie...

Tat Seng Packaging Group has reported earnings of $10.9 million for the 1HFY2022 ended June, 0.2% higher y-o-y.Revenue fell by 0.3% y-o-y to $175.4 million due to the lower revenue of the group’s China operations and mitigated by the higher revenue in its Singapore operations.Cost of sales increas...

Hanwell Holdings, a manufacturer and distributor of consumer staples, has reported revenue of $275.4 million for 2HFY2021 ended Dec 31 2021, up 7.8% y-o-y. However, earnings for the same period was down 13.7% y-o-y to $10.6 million because of higher costs and also absence of government grants all Si...

The manager of ESR-REIT has divested 28 Senoko Drive, a single-storey general industrial building, for a sale consideration of $12.0 million. The REIT entered into an agreement with Tat Seng Packaging on Jan 10. The divestment of the property represents an 8.4% discount to the fair value of the prop...

ESR-REIT's trustee RBC Investor Services Trust Singapore has entered into an agreement with Tat Seng Packaging Group to divest an industrial building at 28 Senoko Drive for S$12 million.

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

Former manpower minister Lim Swee Say has joined Tat Seng Packaging as a non-executive independent director from Oct 1. “The board of directors is of the opinion that Lim can contribute positively to the company after reviewing the nominating committee’s recommendation and Lim’s qualifications...

CORRUGATED paper packaging products manufacturer Tat Seng Packaging on Friday announced that former manpower minister Lim Swee Say has joined its board as a non-executive independent director.

Tat Seng Packaging Group will not be going ahead with the proposed spin-off of its China-based subsidiary for a separate listing. “The company is of the opinion that the current global economic environment, taking into consideration the impact of the global Covid-19 pandemic outbreak, as well as t...

Sinostar PEC Holdings has appointed Chen Seow Phun, John as lead independent director of its board as of June 1. Chen was the Minister of State for Communications & Information Technology and Minister of State for National Development between 1999 to 2001. He was also a Minister of State for Com...

A mid the resurgence of new Covid-19 cases, this year’s AGM season was like last year’s — largely devoid of physical presence. Retail shareholders miss their usual bento boxes and NTUC vouchers, as proceedings go online and meetings were fronted by masked-up directors. Now, even with growing w...

Sam Goi Seng Hui has taken control of Hanwell Holdings after shareholders at this morning’s AGM re-elected him but turfed out two existing executive directors. Goi, recently appointed non-executive chairman of the company, received an overwhelming 94.67% of the votes in favour of his re-election. ...

Like a typical entrepreneur with an abundance of energy, Sam Goi Seng Hui likes to get his hands in different businesses. While his flagship Tee Yih Jia is a privately-held food manufacturer, Goi also has substantial stakes in a slew of listed companies from different industries. These include stake...

Hanwell Holdings has appointed Sam Goi Seng Hui as the non-executive chairman and non-independent director of the company. Goi currently serves on the boards of three other Mainboard-listed companies. He the executive chairman of GSH Corporation as well as vice chairman of Envictus International Hol...

Penny stocks are still grabbing the limelight - albeit in rotational fashion, which is a boon for those who like to trade a lot. In the past five sessions, Tat Seng Packaging’s volume has surged along with its price. While indicators remain supportive of further gains, short term stochastics and 2...