SGX:BJD

4 stories mentioning SGX:BJDUpdated 18d ago

Every FINWIRES story that references SGX:BJD, newest first.

Vibropower's Malaysian Unit to Sell Industrial Land for MYR17.5 Million

Vibropower's (SGX:BJD) Malaysian unit agreed to sell a freehold industrial land parcel in Johor, Malaysia, for 17.5 million ringgit, according to a Friday Singapore Exchange filing.The property, comprising 364 freehold land lots in Kluang, Johor, will be sold to Malaysia's SH Trading Co Kluang.The company expects the disposal to generate an estimated post-tax gain of 1.13 million ringgit.The transaction is subject to shareholder approval and other customary conditions, including land amalgamation and regulatory approvals, before completion.

SGX:BJD

Asia32d ago

VibroPower Receives Initial Deposit for Disposal of Tuas Property

VibroPower (SGX:BJD) said it has received the deposit for the sale of its property at Tuas Avenue in Singapore after the buyer exercised its purchase option, making the SG$3.93 million transaction binding.The option was exercised by Ecorecycling on June 25, before the June 26 expiry, the company said in a Friday filing with the Singapore Exchange.The exercise of the option constitutes a binding agreement for the sale and purchase of the property.

SGX:BJD

Asia46d ago

Singapore Shares Surge on US-Iran Deal; VibroPower Surges 25%

Singapore shares surged on Monday, tracking regional gain as investors' sentiment was boosted by the US and Iran's deal to reopen the Strait of Hormuz.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,061.05 and 5,095.12 throughout the day. It ended the session at 5,077.29, up 51.49 points or 1% compared to Friday's close.In economic news, Singapore's total employment increased by 9,400 in the first quarter, extending its growth streak to 18 consecutive quarters, according to a Ministry of Manpower report.On the corporate front, shares of VibroPower (SGX:BJD) surged over 25% at the close as it granted an option to purchase its Tuas Avenue 16 industrial property to Ecorecycling for SG$3.9 million.Global Testing (SGX:AYN) surged nearly 8% as it completed all regulatory requirements for its capital reduction exercise, leading the way for cash distribution to entitled shareholders.Meanwhile, shares of Annica Holdings (SGX:JFQ) closed nearly 3% higher as it secured a commercial solar-hydrogen project in Sarawak, Malaysia.

^STISGX:AYNSGX:BJDSGX:JFQ

Asia46d ago

VibroPower Grants Option to Sell Tuas Property for SG$3.9 Million; Shares Zoom 27%

VibroPower (SGX:BJD) has granted an option to purchase its Tuas Avenue 16 industrial property to Ecorecycling for SG$3.9 million, according to a Friday filing with the Singapore Exchange.Shares of the electric services company surged over 27% in Monday trading.The disposal of the 3,500 square meters industrial property exceeds the company's entire market capitalization of nearly SG$3 million.Meanwhile, proceeds from the disposal will be used for working capital and debt repayment. The additional working capital is expected to support the execution of its SG$35 million order book.

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