Chasen mulls subsidiary spinoff; wins new contracts but lack of cash is a worry

SINGAPORE (Aug 13): Logistics management company Chasen Holdings is mulling a separate listing of at least one of its subsidiaries in a bid to improve value for shareholders. Despite a recent improvement in earnings, Chasen shares are trading at a price-to-earnings ratio of just over five times.

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SINGAPORE (Aug 13): For more than 40 years, Lema has been producing chairs that combine manufacturing expertise with Italian design excellence.

M&A

Property

CapitaLand-CDL JV secures prime site in Sengkang Central for $777.8 mil

SINGAPORE (Aug 16): CapitaLand and City Developments Limited (CDL) jointly announced that they, in a joint venture (JV), have secured a mixed-use residential and commercial site in Sengkang Central for $777.78 million.

Broker's Calls

Analysts remain positive on UMS Holdings as sales in global semiconductor industry projected to reach all-time high

SINGAPORE (Aug 16): UMS Holdings announced that its 2Q18 earning have increased by 26% to $14.5 million, compared to $11.5 million in 2Q17.

This brings 1H18 earnings to $25.9 million, 14% higher than $22.7 million in 1H17.

Broker's Calls

Stocks to benefit from the coming AI, IoT boom

SINGAPORE (Aug 16): Internet of Things or IoT is on the verge of becoming a mainstream technology, reaching its tipping point next year after which adoption will accelerate among the masses, says DBS Group Research.

Broker's Calls

RHB remains 'neutral' on Singapore property sector on expected slower volumes

SINGAPORE (Aug 16): RHB is remaining “neutral” on the Singapore property sector on muted growth in property price in the coming months, impacted by the recent cooling measures.

Chasen mulls subsidiary spinoff; wins new contracts but lack of cash is a worry

2 hours 41 min ago

SINGAPORE (Aug 13): Logistics management company Chasen Holdings is mulling a separate listing of...

CapitaLand-CDL JV secures prime site in Sengkang Central for $777.8 mil

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SINGAPORE (Aug 16): CapitaLand and City Developments Limited (CDL) jointly announced that they, in...

CityDev makes share buybacks at $9.485

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SINGAPORE (Aug 16): Property giant City Developments Limited (CDL) has bought shares from the open...

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Chasen mulls subsidiary spinoff; wins new contracts but lack of cash is a worry

SINGAPORE (Aug 13): Logistics management company Chasen Holdings is mulling a separate listing of at least one of its subsidiaries in a bid to improve value for shareholders. Despite a recent improvement in earnings, Chasen shares are trading at a price-to-earnings ratio of just over five times.
Sponsored
Select seats
SINGAPORE (Aug 13): For more than 40 years, Lema has been producing chairs that combine manufacturing expertise with Italian design excellence. This family-owned business was the first to collaborate with architects and designers to produce chairs th...
M&A
,
Property

CapitaLand-CDL JV secures prime site in Sengkang Central for $777.8 mil

SINGAPORE (Aug 16): CapitaLand and City Developments Limited (CDL) jointly announced that they, in a joint venture (JV), have secured a mixed-use residential and commercial site in Sengkang Central for $777.78 million.
Broker's Calls

Analysts remain positive on UMS Holdings as sales in global semiconductor industry projected to reach all-time high

SINGAPORE (Aug 16): UMS Holdings announced that its 2Q18 earning have increased by 26% to $14.5 million, compared to $11.5 million in 2Q17.

This brings 1H18 earnings to $25.9 million, 14% higher than $22.7 million in 1H17.
Broker's Calls

Stocks to benefit from the coming AI, IoT boom

SINGAPORE (Aug 16): Internet of Things or IoT is on the verge of becoming a mainstream technology, reaching its tipping point next year after which adoption will accelerate among the masses, says DBS Group Research.
Broker's Calls

RHB remains 'neutral' on Singapore property sector on expected slower volumes

SINGAPORE (Aug 16): RHB is remaining “neutral” on the Singapore property sector on muted growth in property price in the coming months, impacted by the recent cooling measures.