Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
ISOTeam
15-01-2019, 11:23 PM.
Post: #81
RE: ISOTeam
There is such a thing called "pump and dump" in the market.
We small shareholders just have to be vigilant and look out for one another.

Find Reply
24-07-2019, 06:02 PM.
Post: #82
RE: ISOTeam
ISOTeam strengthens commercial and retail fitting-out capabilities and enlarges regional presence with proposed acquisition of Pure Group
* Acquisition is earnings-accretive and will enable ISOTeam to offer its services to new overseas markets such as Philippines, China, Malaysia and Thailand.
* Entitles ISOTeam to earn-out payments if Pure Group achieves minimum profit after tax targets of S$3.0 million and S$5.0 million in FY2020 and FY2021 respectively.

ISOTeam Ltd. has entered into a conditional sale and purchase agreement with Coney International Ltd., for the proposed acquisition of six companies, collectively known as “Pure Group”. The purchase consideration will comprise a combination of 50% cash and 50% ISOTeam shares by way of non-listed transferable warrants.

Besides strengthening its existing capabilities, the proposed acquisition is a significant boost to ISOTeam’s overseas expansion plans. The Group currently has presence in Myanmar through ISOTeam (TMS) Myanmar Limited, which undertakes repairs and redecoration projects, and in Malaysia through ITG Projects Sdn Bhd, which is involved in interior design works.

Pure Group is principally engaged in the provision of project and construction management services, as well as commercial and retail fitting-out works in Singapore, Philippines, China, Malaysia and Thailand. It manages turn-key retail and commercial projects with services ranging from design management and project management to contract administration to risk and stakeholder management. Notable past clients include Integrated Resorts in Singapore, Vanguard Hotels across Southeast Asia, Swarovski SEA, IKEA Mega Bangna in Bangkok, Thailand, MYTOWN Shopping Mall in Kuala Lumpur, Malaysia, and Mosaic Shopping Mall in Xi’An, China. 

The Conditional SPA covers Coney International’s entire equity interest in Pure Group, which comprises Pure Group (Singapore) Pte. Ltd. in Singapore (100%-owned), Pure Projects (Philippines) Inc in the Philippines (99.9%-owned), Pure Projects Construction Advisory Shanghai Co Ltd in China (100%-owned), Pure Projects Management Sdn. Bhd. in Malaysia (100%-owned), Pure Projects SEA Pte. Ltd. (100%-owned), and Pure Projects SEA Ltd in Thailand (49%-owned). 

More details in :
1. https://links.sgx.com/FileOpen/ISOTeam%2...eID=571453
2. https://links.sgx.com/FileOpen/ISOTeam%2...eID=571452
=========== Signature ===========
Specuvestor: Asset - Business - Structure.

https://prf.hn/click/camref:1101ldv3E
Website Find Reply
17-09-2019, 11:05 PM.
Post: #83
RE: ISOTeam
Wonder what is ISOTeam's game plan abt venturing into the bike sharing bizness .... Huh   IMHO, I dun see how it fits into their current bizness ...

*not vested*

-------------------------------------------------------------------------
ISOTeam's SG Bike gets nod to acquire Mobike's 25,000 bike fleet
Tue, Sep 17, 2019 - 1:48 PM

THE Land Transport Authority of Singapore (LTA) has granted ISOTeam's 51 per cent-owned subsidiary, SG Bike, its in-principle approval to transfer Mobike's bicycle sharing licence for 25,000 bicycles to SG Bike.

SG Bike will pay LTA a performance bond of S$750,000, which is S$30 per bike........

Read more : https://www.businesstimes.com.sg/compani...bike-fleet

-------------------------------------------------------------------------------------------
ISOTeam's SG Bike buys Mobike's assets in Singapore for S$2.5m
Fri, Aug 09, 2019 - 4:29 PM

ISOTeam on Friday said its unit is buying Mobike's bike-sharing licence and 25,000 bicycles in Singapore for S$2.54 million.

The unit, SG Bike, will also assume Mobike's liabilities to repay user deposits and prepayments to the tune of S$2.02 million.

Mobike, once the largest player in the Singapore bike-sharing scene, was reported in March to be withdrawing from the Singapore market, following the failures of fellow operators oBike and ofo.......

Read more : https://www.businesstimes.com.sg/compani...e-for-s25m

Find Reply
20-09-2019, 07:19 PM.
Post: #84
RE: ISOTeam
ISOTeam steps up pace of project wins, secures new contracts worth S$31.04 million

SOTeam Ltd. continues to build its order book at a brisk pace. The Group has snapped up S$31.04 million worth of public and private sector contracts in its latest series of contract wins.

Together with the S$20.26 million in contracts that ISOTeam announced in July 2019, the Group has bagged approximately S$51.30 million of new projects in the first quarter of its financial year ended 30 June 2020.

More details in https://links.sgx.com/FileOpen/Press%20R...eID=579061
=========== Signature ===========
Specuvestor: Asset - Business - Structure.

https://prf.hn/click/camref:1101ldv3E
Website Find Reply
21-11-2019, 06:09 PM.
Post: #85
RE: ISOTeam
ISOTeam wins new contracts totalling S$35.37 million
* S$86.67 million in new contracts secured year-to-date in FY2020

ISOTeam Ltd. has beefed up its order book with new contracts totalling S$35.37 million.

This latest win, together with the S$51.30 million jobs it secured in 1Q FY2020, brings the tally of new contracts won by the Group year-to-date in FY2020 to S$86.67 million. This latest batch comprise:
- Two Coating and Painting (“C&P”) projects with a total contract value of approximately S$0.40 million, which are expected to be completed by October 2020;
- Two Interior Design (“ID”) projects with a total contract value of approximately S$0.83 million which are expected to be completed by December 2019;
- Four Repair and Redecoration (“R&R”) projects with a total contract value of approximately S$16.33 million which are expected to be completed by June 2021;
- Two Addition and Alteration (“A&A”) projects totalling S$17.81 million including carpentry works to a mixed-used commercial building expected to be completed by April 2020; and development, upgrading and maintenance works for the Singapore Botanic Gardens, Jurong Lake Gardens, Fort Canning Park and the Istana, which are expected to be completed by December 2022.

More details in :
1. https://links.sgx.com/FileOpen/ISOTeam%2...eID=586943
2. https://links.sgx.com/FileOpen/ISOTeam%2...eID=586944
=========== Signature ===========
Specuvestor: Asset - Business - Structure.

https://prf.hn/click/camref:1101ldv3E
Website Find Reply
17-12-2019, 07:34 PM. (This post was last modified: 17-12-2019, 07:35 PM by cyclone.)
Post: #86
RE: ISOTeam
ISOTeam to place up to 84 million new shares to investors at S$0.24 per share
* Proposed share placement to raise net proceeds of S$19.44 million if fully subscribed

ISOTeam Ltd. today announced that it intends to allot and issue up to 84 million new shares at a placement price of S$0.24 a share. The proposed placement will raise net proceeds of S$19.44 million if fully subscribed.

The price of S$0.24 per placement share is at a discount of approximately 1.72% to the VWAP of S$0.2442 for trades done on ISOTeam’s shares on 17 December 2019.

ISOTeam intends to use S$12.0 million of the net proceeds raised to fund current or future acquisition and the balance of the net proceeds amounting to S$7.44 million will be used for general working capital purposes.

The placement shares comprise approximately 29.47% of the Company’s issued share capital of approximately 285.07 million shares and approximately 22.76% of the Company’s enlarged issued share capital of 369.07 million shares, assuming that all placement shares are issued and the proposed placement is fully subscribed.

More details in :
1. https://links.sgx.com/FileOpen/191217%20...eID=590808
2. https://links.sgx.com/FileOpen/ISOTeam%2...eID=590807

ISOTeam today closed unchanged at S$0.24
=========== Signature ===========
Specuvestor: Asset - Business - Structure.

https://prf.hn/click/camref:1101ldv3E
Website Find Reply
03-01-2020, 07:41 PM.
Post: #87
RE: ISOTeam
ISOTeam kicks off 2020 with S$20.0 million worth of new contracts

ISOTeam Ltd. starts 2020 on a positive note. It has bagged twelve projects worth a total of approximately S$20.0 million in the first week of the new year.

Together with the S$86.7 million worth of projects ISOTeam secured in 1H FY2020, this latest batch brings the tally of new contracts won by the Group year-to date to S$106.7 million.

The new projects comprise:
* Six Repair and Redecoration (“R&R”) projects worth approximately S$8.9 million. These include works to 27 blocks at Punggol Field, Edgefield Plains and Edgedale Plains and are expected to be completed by January 2021;
* Four Addition and Alteration (“A&A”) projects worth approximately S$8.8 million and expected to be completed by July 2021. These include balance works for neighbourhood renewal programme and R&R works to 28 blocks and four multi-storey carparks as well as electrical load upgrading to 12 blocks at Woodlands Street 41.
* One Mechanical & Electrical (“M&E”) project worth approximately S$2.0 million and expected to be completed by May 2021, including electrical works to 17 blocks at Serangoon North Avenue 3 and 4; and
* One Coating and Painting (“C&P”) project with a total contract value of approximately S$0.3 million, which is expected to be completed by February 2020.

More details in :
1. https://links.sgx.com/FileOpen/ISOTeam%2...eID=592278
2. https://links.sgx.com/FileOpen/ISOTeam%2...eID=592279
=========== Signature ===========
Specuvestor: Asset - Business - Structure.

https://prf.hn/click/camref:1101ldv3E
Website Find Reply


Forum Jump:


Users browsing this thread: 2 Guest(s)
Valuebuddies.com | Return to Top | Lite (Archive) Mode | RSS Syndication | CONTACT US: n......@valuebuddies.com