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.

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
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
SINGAPORE (Aug 16): CapitaLand and City Developments Limited (CDL) jointly announced that they, in...
CityDev makes share buybacks at $9.485
SINGAPORE (Aug 16): Property giant City Developments Limited (CDL) has bought shares from the open...
Hall of change

SINGAPORE (Aug 13): On the evening of April 26, Prof Ilian Mihov took the stage to speak about

Inevitable monopolisation of the economy
SINGAPORE (August  13): The shine may finally be coming off high-flying tech stocks — just as ­Apple reached a historic milestone as the first company in the US to achieve a market capitalisation of US$1 trillion ($1.4 trillion).  The...
Consistent downtrend in income mobility… a gloomy future ahead?
SINGAPORE (Aug 6): Anaemic wage growth is a global phenomenon — and one that has stumped central bankers and economists.  Economics 101 teaches us that when unemployment drops, employers competing for a smaller pool of workers will have to...
TES841-tong-portfolio-amazon
Value investing requires conviction
SINGAPORE (July 30): It is important to have conviction in investing. Stock markets are very much driven by sentiment and emotion. This is underscored by the roller-coaster ride we have experienced for the better part of this year.  Markets...
We came with nothing, and we will leave with nothing. The sharing economy
SINGAPORE (July 23): First came the smartphone. It wasn’t an immediate hit. There were the early adopters, but the device was not much more than a mobile phone with PDA functions. Smartphone popularity didn’t really take off until Apple gave the...

Home

Latest News

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...
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...
CityDev makes share buybacks at $9.485
SINGAPORE (Aug 16): Property giant City Developments Limited (CDL) has bought shares from the open...
Hall of change

SINGAPORE (Aug 13): On the evening of April 26, Prof Ilian Mihov took the stage to speak about

Portfolio

Inevitable monopolisation of the economy
SINGAPORE (August  13): The shine may finally be coming off high-flying tech stocks — just as ­Apple reached a historic milestone as the first company in the US to achieve a market capitalisation of US$1 trillion ($1.4 trillion).  The...
Consistent downtrend in income mobility… a gloomy future ahead?
SINGAPORE (Aug 6): Anaemic wage growth is a global phenomenon — and one that has stumped central bankers and economists.  Economics 101 teaches us that when unemployment drops, employers competing for a smaller pool of workers will have to...
TES841-tong-portfolio-amazon
Value investing requires conviction
SINGAPORE (July 30): It is important to have conviction in investing. Stock markets are very much driven by sentiment and emotion. This is underscored by the roller-coaster ride we have experienced for the better part of this year.  Markets...
We came with nothing, and we will leave with nothing. The sharing economy
SINGAPORE (July 23): First came the smartphone. It wasn’t an immediate hit. There were the early adopters, but the device was not much more than a mobile phone with PDA functions. Smartphone popularity didn’t really take off until Apple gave the...
THE EDGE COLLECTION 1-YEAR PLAN
1x Print. 3x Digital Access The Edge Singapore. 1x Digital Access The Edge Malaysia.