Courts Asia

REITs seen as sound bets as retailers reinvent themselves for the recovery - THE EDGE SINGAPORE

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REITs seen as sound bets as retailers reinvent themselves for the recovery

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Courts Asia to be delisted after losing free float

SINGAPORE (Mar 14): Courts Asia, the regional retailer of furniture and household and IT appliances, is set to be delisted after losing its free float.


Courts Asia 9M losses widen to $5.4 mil

SINGAPORE (Feb 10): Courts Asia, which received a buyout offer from Japanese electronics retailer Nojima Corporation last month, reported losses for the nine months (9M) ended Dec widened to $5.4 million after reversing into a loss $171,000 in 3Q, compare


Courts Asia gets 20.5 cents per share offer from Tokyo-listed Nojima

SINGAPORE (Jan 18): Courts Asia, the regional purveyor of furniture and household and IT appliances, has received a 20.5 cents voluntary conditional cash offer from Nojima Asia Pacific for all its issued and outstanding ordinary shares.


Courts Asia subsidiary acquires Jakarta building; terminates 2 megastore leases

SINGAPORE (Jan 15): Courts Asia’s Indonesian subsidiary is acquiring a new property but ending two existing megastore leases as part of the group’s ongoing review of its store network and store format in the country.


Courts Asia sinks into the red in 1Q on lower revenue

SINGAPORE (Aug 13): Courts Asia sank into the red with a net loss of $2.2 million for the 1Q ended June, compared to earnings of $6.1 million a year ago.

Courts Asia sounds profit warning for 4Q18

SINGAPORE (Apr 18): Courts Asia says it expects 4Q earnings ended March to be significantly reduced, with the possibility of reporting a net loss position for the quarter.


Iskandar Malaysia a gateway for global business services

Expanding into Asia-Pacific while keeping costs low can be challenging for businesses. Attracting talent is another concern. Singapore-listed electrical and furniture retailer Courts Asia found a solution just across the border. Last year, it set up the C

Broker's Calls

Stocks to benefit from Budget 2018: UOB

SINGAPORE (Feb 20): UOB KayHian remains positive on property stocks and REITs saying the raising of BSD (Buyers Stamp Duty) rate is more of revenue collection than a property cooling measure.


Courts Asia posts 28.7% decline in 3Q earnings of $3.5 mil on lower profit margin

SINGAPORE (Feb 13): Courts Asia, the electrical, furnishing and consumer electronics retailer, announced earnings of $3.5 million for the third quarter of FY17, down 28.7% from its net profit of $4.9 million a year ago on lower gross profit margin and hig