Roxy-Pacific Holdings (Roxy-Pacific)

Roxy-Pacific acquires 999-year leasehold site for $33.6 mil - THE EDGE SINGAPORE

Property

Roxy-Pacific acquires 999-year leasehold site for $33.6 mil

Roxy-Pacific Holdings, on Feb 18, has subscribed for 840,000 shares in Mequity Hills for $840,000, through its wholly-owned subsidiary, RP Ventures.

Roxy-Pacific Holdings says it expects to report losses for 2HFY2020 and FY2020 in profit guidance - THE EDGE SINGAPORE

Results

Roxy-Pacific Holdings says it expects to report losses for 2HFY2020 and FY2020 in profit guidance

Roxy-Pacific Holdings says it expects to report losses for the 2HFY2020 and FY2020 ended Dec 31, 2020, due to the negative impact on its earnings due to the prolonged Covid-19 pandemic.

Insider moves

CEO of IPS Securex pares stake as company reverses from the red

Kelvin Lim Ching Song, executive director and group CEO of security solutions firm IPS Securex Holdings, sold about 2.07 million shares for about $251,365, or 12.171 cents each, on

Results

Roxy-Pacific reports 1HFY20 earnings of $2.8 mil, down 70% y-o-y

Roxy-Pacific Holdings has reported a 70% y-o-y drop in earnings to $2.8 million for 1HFY20.

Insider moves

Roxy-Pacific directors raise respective stakes as firm flips Ginza property

SINGAPORE (May 15): On May 6, investment company Winmark Investments acquired 50,000 shares in Roxy-Pacific Holdings for $16,250, or at an average price of 32.5 cents each.

Broker's Calls

Roxy-Pacific kept at 'hold' by OCBC on subdued sales

SINGAPORE (Feb 27): OCBC Group Research is maintaining Roxy-Pacific at “hold” given sales of RV Altitude and Fyve Derbyshire which were launched in January have come under expectations with only 14

Broker's Calls

Sales momentum to turn cold; en-bloc activity to wane as developers rethink strategies

SINGAPORE (July 6): After warning of “market exuberance” in the property market for the past six months, the Singapore government has finally raised Additional Buyer’s Stamp Duty (ABSD) rates by 5

Results

Roxy-Pacific's 1Q earnings up 19% to $7 mil on higher income from associates

SINGAPORE (May 14): Roxy-Pacific reported 1Q18 earnings increased 19% to $7.0 million, compared to $5.91 million in 1Q17.

Broker's Calls

Developers turning more cautious when replenishing landbanks, says DBS

SINGAPORE (Feb 19): DBS says developers are turning more choosy in adding to their Singapore landbank.

Property

Roxy-Pacific acquires The Wilshire for $98.8 mil in collective sale

SINGAPORE (Jan 26): Roxy-Pacific Holdings has sucessfully acquired a prime District 10 property for redevelopment through an en bloc sale.

×