Challenger Technologies

Commentary

More #QuestionsForChallenger after its AGM

(May 4): Minority shareholders of Challenger Technologies demonstrated what they are most irritated about when they voted at the company’s annual general meeting on April 29.

Commentary

Challenger's minority shareholders should push for higher exit offer as company pursues new future

SINGAPORE (Apr 29): Over the past couple of weeks, shares in Challenger Technologies have intermittently traded above 56 cents, the amount of cash minority investors will receive for each share the

Commentary

Raiders, traders would be good for the market, but boards with backbone would be even better

SINGAPORE (Apr 22): One evening in February 2002, the telephone on my desk rang at an unusually late hour.

Buyout

Challenger gets 56 cents delisting offer from founding Loo family and partners

SINGAPORE (Mar 21): Challenger Technologies has received a 56 cents per share cash offer from the family of founder Loo Leong Thye and its partners to delist the retailer of IT products.

Results

Challenger announces 22% higher FY18 earnings of $19.5 mil; proposes 2-cent final dividend

SINGAPORE (Feb 15): Challenger Technologies has concluded FY18 with $19.5 million in earnings, up 22% from $16 million in FY17 due to higher gross profit and lower operating expenses.

Results

Challenger reports 44% higher 3Q earnings of $4.5 mil on improved revenue, lower expenses

SINGAPORE (Nov 2): Challenger Technologies posted $4.5 million in earnings for the 3Q ended Sept, 44% higher its restated earnings of $3.1 million a year ago on higher revenue as well as lower oper

Results

Challenger posts 2% increase in 2Q earnings to $4 mil on lower expenses; declares 1.1 cents interim dividend

SINGAPORE (Aug 3): Challenger Technologies on Friday announced 2Q18 earnings increased by 2% to $4.0 million compared to $3.91 million in 2Q17 on stronger gross profit margins and lower expenses.

Results

Challenger Tech posts 69% increase in 1Q earnings to $5.22 mil

SINGAPORE (May 10): Challenger Technologies announced that its 1Q18 earnings have increased by 69% to $5.22 million compared to $3.09 million in 1Q17.

Challenger Technologies sees 3Q earnings rise to $3.3 mil

SINGAPORE (Nov 3): Challenger Technologies, the IT products and services provider, reported 3Q17 earnings rose 90% to $3.3 million, or 0.96 cent per share, from $1.7 million a year ago.

Results

Challenger 1Q earnings fall 15% to $3.2 mil on lower revenue

SINGAPORE (May 9): Challenger Technologies posted a 15% decline in earnings to $3.2 million for the first quarter ended March, from $3.8 million a year ago, on the back of lower revenue.

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