The following stocks may be in focus today:
Earnings of Triyards Holdings tumbled 25% to US$6.2 million ($8.9 million) in the first quarter ended Nov 30, 2015, from $8.2 million a year ago. The lower bottom line was a result of a higher base last year, thanks to a one-off gain of US$3.9 million arising from provisional negative goodwill recognised on the acquisition of Strategic Marine. Revenue, however, leapt 38% to US$78.1 million from US$56.7 million previously, largely driven by projects secured in FY15.
Global Food Retail Group, a wholly-owned subsidiary of Global Yellow Pages, will jointly operate fast food retail businesses, Wendy's and Gang Ti, in several countries in Asia Pacific, with Aimer Co.
Noble Group said on Thursday that the change in investment grade status is not expected to have a material impact on its operations.
Engineering firm Ley Choon Group Holdings said the Singapore Exchange (SGX) had rejected its transfer from Mainboard to Catalist due to its ongoing debt restructuring plan and the impact on its 12-month working capital needs.
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Earnings of Triyards Holdings tumbled 25% to US$6.2 million ($8.9 million) in the first quarter ended Nov 30, 2015, from $8.2 million a year ago. The lower bottom line was a result of a higher base last year, thanks to a one-off gain of US$3.9 million arising from provisional negative goodwill recognised on the acquisition of Strategic Marine. Revenue, however, leapt 38% to US$78.1 million from US$56.7 million previously, largely driven by projects secured in FY15.
Global Food Retail Group, a wholly-owned subsidiary of Global Yellow Pages, will jointly operate fast food retail businesses, Wendy's and Gang Ti, in several countries in Asia Pacific, with Aimer Co.
Noble Group said on Thursday that the change in investment grade status is not expected to have a material impact on its operations.
Engineering firm Ley Choon Group Holdings said the Singapore Exchange (SGX) had rejected its transfer from Mainboard to Catalist due to its ongoing debt restructuring plan and the impact on its 12-month working capital needs.
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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