Jubilee Industries

Insider moves

Accrelist chairman buys more shares; RE&S starts buybacks

Jubilee Industries plans to redistribute proceeds from sale of stake in EG Industries to its shareholders as dividends

Company in the news

Terence Tea cleared of CPIB probe

The probe was disclosed back in March 2020

Company in the news

Jubilee to raise up to $2.94 mil in net proceeds via placement of shares and warrants

The investor taking up the most shares, or 14 million, is Ng Chuen Guan.

Regulatory Action

SGX RegCo's need for speed

While the Covid-19 pandemic rages, the regulator says it is focused on stepping up the pace of its process


Accrelist plans makeover, scrubs off electronics manufacturing for laser-like focus on aesthetics

SINGAPORE (Feb 7): Having just turned 52 years old, Terence Tea, executive chairman and managing director of Accrelist, does not look a day over 40. Proudly crediting his aesthetic doctor for helping to reverse his signs of ageing, Tea debunks the old att


Terence Tea reorganises stakes in Accrelist, Jubilee and EG

SINGAPORE (Dec 24): Terence Tea Yeok Kian, executive chairman of Accrelist, which is gearing up for expansion into the aesthetics business, is trying to reorganise his stakes in  three of the separately-listed entities that he chairs, which also includes

Broker's Calls

Jubilee Industries on track for strong growth recovery in FY19: CGS-CIMB

SINGAPORE (Nov 27): Jubilee Industries posted 1H19 earnings of $2.57 million, more than triple that of $0.81 million in 1H18, mainly due to higher revenue and higher currency translation differences.


Jubilee Industries increases stake in EG Industries to 13.03%

SINGAPORE (Mar 12): Jubilee Industries Holdings is increasing its stake in its Malaysian associate, EG Industries Berhad from 11.72% to 13.03% for a consideration of RM1.95 million ($657,200).


Jubilee Industries acquires Honfoong Plastics for $3.5 mil

SINGAPORE (Dec 13): Jubilee Industries, the provider of electronics components and plastic injection moulds, is acquiring Honfoong Plastics industries for $3.5 million, to broaden the group's revenue stream.

Broker's Calls

Jubilee’s rights issue supports forecast of high revenue growth

SINGAPORE (Oct 13): NRA Capital continues to expect Jubilee Industries to stage a turnaround in FY18, starting with some profitability in 1H18 followed by higher returns in 2H18.