14 stories mentioning SGX:E28Updated 10d ago
Every FINWIRES story that references SGX:E28, newest first.
Frencken Group (SGX:E28) completed the placement of nearly 44.1 million new ordinary shares at SG$2.2687 apiece, according to a Thursday Singapore bourse filing.The shares will be listed on the Singapore bourse and begin trading on Friday.Following the issue, the company has nearly 473.6 million issued and paid-up ordinary shares.
Singapore shares recovered to surge on Wednesday, despite most regional indices ending in the negative territory over rising oil prices and expectations of a tighter monetary policy.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,699.59 and 5,744.11 throughout the day. It ended the session at 5,744.11, up 33.74 points or 0.6% compared to Tuesday's close.On the corporate front, shares of RH Petrogas (SGX:T13) closed over 5% higher as its well-testing operation at the Northwest Klagagi-1 well in Indonesia confirmed strong gas-condensate deliverability, along with an unexpected oil discovery.EGP Energy (SGX:EGX) was down nearly 1% at the close as it secured a new transmission and distribution project worth around SG$6.2 million.Meanwhile, shares of Frencken Group (SGX:E28) were down nearly 1% at the close as it received approval-in-principle from the Singapore Exchange Securities Trading on Sept. 1 for the listing and quotation of 44.1 million new shares to be issued under its proposed placement.
Frencken Group (SGX:E28) received approval-in-principle from the Singapore Exchange Securities Trading on Sept. 1 for the listing and quotation of 44.1 million new shares to be issued under its proposed placement.The shares will be issued at SG$2.27 each, raising about SG$100 million, according to a Tuesday Singapore Exchange filing.The approval is subject to listing requirements and various undertakings and confirmations, including those governing the use of proceeds and eligible placees.
Singapore shares ended the week on a high, shedding their recent losses as investors anticipate a speech by the US Federal Reserve chair Kevin Warsh, holding out for clues over interest rates.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,673.55 and 5,700.52 throughout the day. It ended the session at 5,699.93, up 15.81 points or 0.3% compared to Thursday's close.In economic news, Singapore's export prices rose 13.1% year over year in July, according to data from the Singapore Department of Statistics.On the corporate front, shares of Frencken Group (SGX:E28) closed over 7% lower with the company targeting to raise around SG$100 million by placing up to 44.1 million shares at SG$2.2687 apiece.GuocoLand's (SGX:F17) shares closed nearly 4% lower as its attributable profit fell 70% to SG$9.8 million in the second half of the fiscal year ended June 30, from SG$32.4 million a year ago.Meanwhile, Kim Heng (SGX:5G2) shares were up nearly 3% at the close as it signed a letter of intent to divest a 70% stake in subsidiary Bridgewater Offshore to Weft + Water for $26.8 million.
Frencken Group (SGX:E28) is targeting to raise around SG$100 million by placing up to 44.1 million shares at SG$2.2687 apiece, according to a Thursday filing with the Singapore Exchange.Net proceeds will be used for general corporate activities, including business expansion, strategic investments, mergers and acquisitions.The placement is expected to be completed on Sept. 3, the filing said.Shares of the company were down almost 7% in Friday trading.
Frencken Group's (SGX:E28) attributable profit to equity holders was down 3.4% during the first half of the year to SG$19.3 million from SG$19.9 a year earlier, according to a Thursday filing with the Singapore Exchange.Earnings per share came in at SG$0.0448 compared with SG$0.0467 in the year-ago period.Revenue edged down 0.8% year over year to SG$427.8 million from SG$431.4 million.
Frencken Group (SGX:E28) issued 70,000 shares following the exercise of options granted under the employees' share option scheme at SG$1.37 apiece, according to a Friday filing with the Singapore Exchange.The new shares were listed and quoted on the same day, the filing added.
Frencken Group (SGX:E28) issued 165,000 shares following the exercise of options granted under the employees' share option scheme at exercise prices of SG$1.30 and SG$1.37 apiece, according to a Thursday filing with the Singapore Exchange.The new shares were listed and quoted on the same day, the filing added.
Frencken Group (SGX:E28) issued 165,000 shares following the exercise of options granted under the employees' share option scheme at exercise prices of SG$1.30 and SG$1.37 apiece, according to a Thursday filing with the Singapore Exchange.The new shares were listed and quoted on the same day, the filing added.
Frencken Group (SGX:E28) issued 58,000 shares following the exercise of options granted under the employees' share option scheme at an exercise price of SG$1.30 apiece, according to a Wednesday filing with the Singapore Exchange.The new shares were listed and quoted on the same day, the filing added.
Frencken Group (SGX:E28) issued 170,000 shares following the exercise of options granted under the employees' share option scheme at an exercise price of SG$1.30 apiece, according to a Monday filing with the Singapore Exchange.The new shares were listed and quoted on Monday, the filing added.
Singapore shares extended their winning streak on Tuesday, despite mixed regional showings, as hopes of a peace deal between the US and Iran were lifted following comments made by the US President Donald Trump.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,001.85 and 5,072.34 throughout the day. It ended the session at 5,072.34, up 75.59 points or 1.5% compared to Monday's close.Trump disclosed that a planned military strike against Iran had been deferred following direct intervention and mediation requests from Qatar, Saudi Arabia, and the UAE.On the corporate front, shares of Frencken Group (SGX:E28) closed nearly 8% lower, as its profit attributable to equity holders fell 20% during the first quarter of the year to SG$8 million from SG$10 million a year earlier.Ever Glory United (SGX:ZKX) was up nearly 4%, as it secured new contracts worth SG$230 million, taking the company's total order book to more than SG$900 million.Meanwhile, shares of Geo Energy Resources (SGX:RE4) closed over 4% lower, as it signed non-binding agreements to support the operations and development of Harfa Taruna Mandiri, the Indonesian mine operator it intends to buy.
Frencken Group's (SGX:E28) profit attributable to equity holders fell 20% during the first quarter of the year to SG$8 million from SG$10 million a year earlier, according to a Tuesday filing with the Singapore Exchange.The figure included a foreign exchange loss of SG$1.1 million.Revenue slid 6.4% year over year to SG$202 million from SG$215.8 million, mainly due to lower contributions from the semiconductor and analytical life sciences segments.Shares of the producer of precision components for the semiconductor industry plunged over 9% in Tuesday trading.
Frencken Group (SGX:E28) issued 100,000 shares following the exercise of options granted under the employees' share option scheme at SG$1.30 per share, according to a Monday filing with the Singapore Exchange.The new shares were listed and quoted on Monday, the filing added.
