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SGX listing benefits Kreuz Holdings; 3Q revenue jumps 6%

The subsea solutions company raked in US$13.6m for the quarter while its gross profit margin doubled to 34.9%.

SGX listing benefits Kreuz Holdings; 3Q revenue jumps 6%

The subsea solutions company raked in US$13.6m for the quarter while its gross profit margin doubled to 34.9%.

Hiap Seng first half profit down 34.6% to S$10.2mln

The group still has strong balance sheet with cash and cash equivalents of S$52.9mln despite incurring higher cost in executing projects.

ST Kinetics secures 4 S$160mln contracts with Singapore Armed Forces

Deals to maintain SAF’s vehicles and equipments are part of the unit’s assurance to keep itself abreast with SAF’s changing needs.

Global Yellow Pages cuts loss by 34.2% to S$2.2mln

The group eyes to return to green as it invests in infocommunications services and partnership with StarHub fuel its growth plans.

IIFL is SGX's first Indian member

The admission of a unit from India Infoline Group to its securities market as a Trading brings the number of Clearing Members for SGX’s securities market to 29 and the number of Trading Members to 30.

Island Power proceeds construction of S$1.2bln power plant

Work on 800MW plant has started while SP PowerAssets will build interconnection to enable Island Power to export power to the Transmission Network.

Memtech third quarter profit doubles to US$3mln

The company to focus on touch screen panel operations, with production of high end capacitive touch screen panels targeted to start in 2011.

King Wan six month profit up 184% to S$12.8mln

The group maintains S$143mln order book, of which, S$28.9mln worth of contracts were secured in second quarter FY2011.

J.P. Morgan appointed depositary bank of one of China's leading IELTS examiner

Global Education and Technology Group Ltd expects to use the capital from the 7,331,250 ADSs it has issued – priced at USD 10.50-- to expand its working capital and further its operations in China.

KSH Holdings first half profit at $8.5mln

The group reports order book of S$243.0mln and balance sheet and working capital position with cash and cash equivalents of S$69.2mln.

Kim Eng increases equity interest in ATR KinEng Fixed Income

Increase of 320,000 shares to 1,520,515 shares was driven by stock dividend of 400,515 shares and the issue of 800,000 new shares paid to Rezan.

Sarasin forms Wealth Management Solutions division for Asia

The team, which will be headed by Anne Luke as a Managing Director, will be responsible for originating, structuring and executing sophisticated tailor- made solutions for clients.

TMS Academy appoints new regional director

TMS Asia-Pacific CEO Andrew Chan has appointed strategic business expert Adelyn Ngion to take management responsibility for the company’s globally-spread executive training division.

CSC second quarter profit up 20% to $11.2min

The group’s stays healthy at $210mln behind improvement in Singapore’s construction sector.

Roxy-Pacific third quarter profit up 42% to S$8.9mln

The developer posted 44% revenue surge from its core Property Development segment as it launched 4 residential projects.

Standard Chartered Securities joins SGX as clearing and trading member

The bank's admission brings the number of Clearing Members for SGX’s securities market to 28 and the number of Trading Members to 29.

URA launches the tender for the hotel site at Robinson Road/Boon Tat Street

A historically building, designed in the Neo-classical style, is included in the site near Raffles Place and Marina Bay.