A JOINT-VENTURE vehicle linked to Rich Capital is being sued by the main contractor of its Oxley Convention City project in Batam, Indonesia.
REVALUATION gains from four investment properties lifted United Engineers' (UE) net profit to S$84.8 million in the third quarter, up from S$7.7 million in the same period a year earlier.
MAPLETREE Commercial Trust (MCT) has raised S$460.5 million in gross proceeds from its preferential offering, which was 1.45 times subscribed, it said on Monday night.
Investment holding company Innopac Holdings on Monday night said that Saxo Bank has resumed its claims of nearly S$14.7 million against the company, over the negative account balances of two subsidiaries.
MAINBOARD-listed real estate group SingHaiyi sold some three million stapled securities of Australia-listed Cromwell Property Group on Monday for A$3.96 million (S$3.7 million), or A$1.2935 apiece.
STEEL fabricator Yongnam Holdings posted a net loss of S$11.1 million in the third quarter, narrowing 19 per cent from a net loss of S$13.8 million in the same period a year earlier.
Thumb drive maker Trek 2000 International on Monday posted a net profit of about US$4,000 for the third quarter ended Sept 30, compared to a net loss of S$1.96 million a year ago.
DYNA-MAC Holdings, which fabricates topside modules for the oil and gas industry, has posted a net profit of S$142,000 in the third quarter, down 18.4 per cent from the same period a year earlier.
KSH Holdings' Q2 net profit more than tripled to S$6 million on a surge in revenue from its construction business, the construction, property development and property management group said on Monday.
Mainboard-listed BBR Holdings on Monday announced that its wholly-owned subsidiary BBR Greentech has won two contracts to construct solar photovoltaic (PV) systems.
FOOD Empire, which manufactures instant coffee and snacks, has posted a net profit of US$7.9 million in the third quarter, up 34.4 per cent from the same period a year earlier on sales growth in Russia, Ukraine and IndoChina.
Catalist-listed Vallianz Holdings said on Monday that it expects to post a net loss for the second quarter ended Sept 30.
Vividthree Holdings on Monday reported a net profit of S$208,187 for the second quarter ended Sept 30, compared to a net loss of S$456,659 a year ago.
TECHNICAL testing and vehicle inspection group Vicom has posted a net profit of S$7.2 million in the third quarter, up 6.5 per cent from the same period a year earlier.
<p>THE Straits Times Index (STI) could not shrug off those concerns despite better-than-expected earnings from DBS Group Holdings and ST Engineering to end the day at 3,240.65, down 23.65 points or 0.7 per cent.</p>