Ocean Sky International

Property

Tiong Seng awarded $28.9 mil contract for Balmoral Road condominium

SINGAPORE (June 19): Tiong Seng Holdings’ wholly-owned subsidiary Tiong Seng Civil Engineering has secured a contract worth $28.9 million for construction work at a condominium development at Balmo

Ocean Sky to raise as much as $21 mil from rights cum warrants issue

SINGAPORE (May 22): Property developer Ocean Sky International is proposing to undertake a renounceable non-underwritten rights and warrants issue to raise as much as $20.9 million.

Property

Ocean Sky to jointly redevelop Balmoral sites with Progen & Seacare

SINGAPORE (Oct 16): Ocean Sky International has formed a new JV company with Progen Holdings and Seacare Property to develop the recently acquired cluster sites at Balmoral Road.

Hot Stock

Ocean Sky soars 35% on talk of windfall from Cambodian land sale

SINGAPORE (Sept 28): Shares in Ocean Sky International are up 35% or 2.1 cents to 8.1 cents this morning.

This makes the counter the third top 20% gainer in Thursday’s session.

Property

Tiong Seng Holdings to acquire two residential sites at Jervois Road for $21 mil

SINGAPORE (July 17): Mainboard-listed construction group Tiong Seng Holdings is acquiring two residential freehold sites along Jervois Road for total consideration of $21 million via a joint ventur

Ocean Sky sets up JV company to develop Cambodia mall project

SINGAPORE (April 13): Ocean Sky International says subsidiary Pacific Sky Investment (PSIPL), together with JV partners CIAC Investment (CIAC) and Centra Properties (CPPL), is incorporating a priva

Market Close

STI closes 0.14% lower at 2,850.74

SINGAPORE (Sept 21): Singapore stocks closed weaker on Wednesday, ending the day lower despite an early recovery driven by an unconventional monetary policy decision in Japan.

Ocean Sky acquires remaining 70% stake in associated civil engineering company for $22.8 mil

SINGAPORE (Sept 21): Ocean Sky International has entered into a conditional sale and purchase agreement to acquire for $22.8 million the remaining 70% stake in associated company Ang Tong Seng.

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