Stocks to watch: Olam, Indofood Agri, Hong Leong Finance, Banyan Tree, M1, IHH Healthcare, Jardine C&C

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

THE following companies saw new developments that may affect trading of their shares on Thursday: Read more at The Business Times.

as better property sales and one-off disposal gains offset a weaker hotel segment, the company announced on Wednesday evening. Earnings per share rose to 0.67 Singapore cent for the three months ended Dec 31, 2018, from 0.49 cent a year ago. The company is declaring a final cash dividend of 1.05 Singapore cent per share for the year. Banyan Tree shares closed at 59.5 Singapore cents on Wednesday before the results were announced.after the close of the voluntary conditional general offer.

and is in discussions about fundraising options, including a rights issue exercise, to obtain additional funding for working capital needs. It added that the firm will also borrow money if needed. The company also said it believes its licence business with Monster Inc will possibly lead to more product types and brands to the market in the future. It noted that the company is in a negative equity position of HK$0.89 million and has negative working capital of HK$1.

from a net loss of S$2.7 million in the previous year, the group said in a Singapore Exchange filing on Wednesday. This was largely due to higher cost of sales for S$5.3 million incurred following the grant of arbitration award from an arbitration by its subsidiary against a sub-contractor. The amount goes to paying the sub-contractor, damages previously deemed receivable and interest, prolongation cost and legal fees. Soilbuild closed unchanged on Wednesday at S$0.101.

for Jardine Cycle & Carriage in its full financial year. Underlying net profit rose 12 per cent to US$858 million from the year-ago period. For the 12 months ended Dec 31, revenue increased 9.5 per cent to US$18.99 billion from the year-ago period. Jardine C&C shares closed S$0.21 or 0.6 per cent higher at S$36.63 on Wednesday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks to watch: Best World, OUE, Golden Agri-Resources, Olam, Keppel, UOLTHE following companies saw new developments that may affect trading of their shares on Wednesday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Stocks to watch: Best World, OUE, Golden Agri-Resources, Olam, Keppel, UOLSINGAPORE - The following companies saw new developments that may affect trading of their shares on Wednesday (Feb 27):. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Stocks to watch: Sheng Siong, Procurri, Propnex, JEP, Bumitama Agri, UE, ISEC HealthcareTHE following companies saw new developments that may affect trading of their shares on Tuesday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Olam performed 'below expectations' in 2018 amid tough market, says CEOCOMMODITY trader Olam International has posted a net profit of S$75.3 million for the fourth quarter, down 71.6 per cent from the same period a year earlier in the absence of an exceptional gain of S$155.4 million. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Stocks to watch: Best World, Raffles Medical, Venture, Allied Tech, Chip Eng SengTHE following companies saw new developments that may affect trading of their shares on Monday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Stocks to watch: UOB, OCBC, Sevak, HRnetGroup, Nordic GroupTHE following companies saw new developments that may affect trading of their shares on Friday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Stocks to watch: Sembcorp, ST Engineering, CDL, PropNex, First SponsorTHE following companies saw new developments that may affect trading of their shares on Thursday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Stocks down at open[HONG KONG] Hong Kong stocks edged down in the opening minutes of Thursday following recent gains and after an uncertain set of minutes from the Federal Reserve's latest policy meeting. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Stocks build on gains at close[HONG KONG] Hong Kong stocks extended gains Thursday as hopes for China-US trade talks were boosted by a report the two sides were working on an outline for a plan to resolve the dispute. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »