Jan 13, 2015

Company News

Cheung Woh Technologies' 3Q15 revenue rose 51.2% YoY to S$24.4m and net profit increased 178.5% YoY to S$4.3m due to higher sales of its components.

Qian Hu Corporation's FY14 net profit was up 29.8% YoY to S$0.4m, due to stable contributions from Dragon Fish sales in China and export of accessories.

DeClout Limited acquires OSINet International for ~S$14.2m, enabling its subsidiary to hold the required licence for end-to-end cloud services provision.

A subsidiary of Technics Oil & Gas accepted a LOI for the proposed sales and leaseback of its property in Loyang at a cash consideration of S$100m.

Global Logistic Properties leases 20,000 sqm to Suning Commerce, one of China's largest retailers and e-commerce companies in Southern China.

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