Here are some stocks to watch this Friday morning.
Sembcorp Industries' wholly-owned entity Sembcorp Utilities has completed the divestment of its entire 60% stake in Sembcorp Air Products (SembAP) to Eastman Chemical Singapore (Eastman) for $4 million. In addition, the group has transferred its propylene purification plant on Jurong Island to Eastman for $5.7 million. Sembcorp shares closed flat at $2.23 on Thursday.
Tuan Sing posted a 13% rise in full-year earnings to $68.8 million, or 5.8 cents per share, as revenues rose 91% to $677.1 million. Property revenue almost doubled to $404.0 million as units sold at Seletar Park Residence, Sennett Residence and Cluny Park Residence were progressively recognised. Tuan Sing closed 1.67% lower at 29.5 cents.
Osim International saw its full-year profit after tax cut by half to $51 million, or 6.8 cents per share, from a year ago. Describing the year as challenging, Osim says retail sales across all its core markets softened and revenue fell 10% to $620 million. Osim closed 2.17% higher at 94 cents on Thursday.
Oxley Holdings posted earnings of $81.1 million for 1HFY2016 ended Dec, more than double of the $32.4 million earnings recorded in 1HFY2015. Revenue rose 72% to $613.7 million for the half year period to December, arising from the rental income from investment properties and the progressive revenue recognition from six mixed residential developments. Oxley closed 1.25% higher at 40.5 cents on Thursday.
Q&M Dental Group is acquiring Lee & Lee Dental Surgeons for $10 million. As part of the agreement, the vendors will provide a profit guarantee of $10.12 million over a 12 year period. The key dentists in charge will also sign long term service agreements with the group. Q&M’s shares closed 0.76% lower at 65 cents on Thursday.
Logistics company, Cogent Holdings, says it is currently evaluating its businesses and operations in relation to offers to buy out the company. But it says that there is "no certainty that any transaction will materialise" from that evaluation process. Cogent ended higher on Thursday at 40 cents, up 1.5 cents or 3.9%.
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Sembcorp Industries' wholly-owned entity Sembcorp Utilities has completed the divestment of its entire 60% stake in Sembcorp Air Products (SembAP) to Eastman Chemical Singapore (Eastman) for $4 million. In addition, the group has transferred its propylene purification plant on Jurong Island to Eastman for $5.7 million. Sembcorp shares closed flat at $2.23 on Thursday.
Tuan Sing posted a 13% rise in full-year earnings to $68.8 million, or 5.8 cents per share, as revenues rose 91% to $677.1 million. Property revenue almost doubled to $404.0 million as units sold at Seletar Park Residence, Sennett Residence and Cluny Park Residence were progressively recognised. Tuan Sing closed 1.67% lower at 29.5 cents.
Osim International saw its full-year profit after tax cut by half to $51 million, or 6.8 cents per share, from a year ago. Describing the year as challenging, Osim says retail sales across all its core markets softened and revenue fell 10% to $620 million. Osim closed 2.17% higher at 94 cents on Thursday.
Oxley Holdings posted earnings of $81.1 million for 1HFY2016 ended Dec, more than double of the $32.4 million earnings recorded in 1HFY2015. Revenue rose 72% to $613.7 million for the half year period to December, arising from the rental income from investment properties and the progressive revenue recognition from six mixed residential developments. Oxley closed 1.25% higher at 40.5 cents on Thursday.
Q&M Dental Group is acquiring Lee & Lee Dental Surgeons for $10 million. As part of the agreement, the vendors will provide a profit guarantee of $10.12 million over a 12 year period. The key dentists in charge will also sign long term service agreements with the group. Q&M’s shares closed 0.76% lower at 65 cents on Thursday.
Logistics company, Cogent Holdings, says it is currently evaluating its businesses and operations in relation to offers to buy out the company. But it says that there is "no certainty that any transaction will materialise" from that evaluation process. Cogent ended higher on Thursday at 40 cents, up 1.5 cents or 3.9%.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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