shares

RHB keeps 'trading buy', TP 30 cents for Golden Agri after weaker-than-expected 1Q results - THE EDGE SINGAPORE

Broker's Calls

RHB keeps 'trading buy', TP 30 cents for Golden Agri after weaker-than-expected 1Q results

RHB still expects Golden Agri to post a strong earnings recovery in FY2021.
ESR-REIT issues 269 mil new units under private placement, raising $100 mil - THE EDGE SINGAPORE

Equity raising

ESR-REIT issues 269 mil new units under private placement, raising $100 mil

The new units are being issued at 37.2 cents per unit.
OKP subsidiary fined $1 mil for 2017 PIE worksite accident, jail for two employees - THE EDGE SINGAPORE

Company in the news

OKP subsidiary fined $1 mil for 2017 PIE worksite accident, jail for two employees

As at Dec 31 2020, OKP’s net construction order book stood at $254.0 million, with projects extending till 2023.
Mandarin Oriental reports underlying losses of US$41 mil in 1Q and expects 'further loss' in 2Q - THE EDGE SINGAPORE

Results

Mandarin Oriental reports underlying losses of US$41 mil in 1Q and expects 'further loss' in 2Q

The “challenging” trading conditions in the 1QFY2021 were attributable to the adverse impact from Covid-19.
CapitaLand Limited appoints Standard Chartered CEO for consumer, private and business banking as director - THE EDGE SINGAPORE

New appointments

CapitaLand Limited appoints Standard Chartered CEO for consumer, private and business banking as director

Hsu was appointed as CapitaLand's non-executive and independent director on May 3.
No Signboard prompts SGX query on 90.3% surge in share price - THE EDGE SINGAPORE

SGX query

No Signboard prompts SGX query on 90.3% surge in share price

Shares in No Signboard closed 90.3% up at 5.9 cents on May 3.
World Precision Machinery reverses losses, reports earnings of RMB53.9 mil in 1Q update - THE EDGE SINGAPORE

Results

World Precision Machinery reverses losses, reports earnings of RMB53.9 mil in 1Q update

Revenue for the quarter surged 97.7% y-o-y to RMB290.8 million due to higher sales.
GKE Corporation acquires balance 30% of Marquis Services for $2.7 mil - THE EDGE SINGAPORE

M&A

GKE Corporation acquires balance 30% of Marquis Services for $2.7 mil

The acquisition was completed on the same day, making Marquis Services a wholly-owned subsidiary of the company.
Raffles Education share price surge prompts SGX query - THE EDGE SINGAPORE

SGX query

Raffles Education share price surge prompts SGX query

Shares in Raffles Education further rose, reaching an intra-day high of 21.3 cents, 29.9% above its last closed price.
Memiontec secures $21.7 mil contract for PUB's Deep Tunnel Sewerage System Phase 2 Project - THE EDGE SINGAPORE

Contracts

Memiontec secures $21.7 mil contract for PUB's Deep Tunnel Sewerage System Phase 2 Project

The group’s order book now stands at $92.3 million, from its order book of $70.6 million as at March 31.
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