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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.

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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.

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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*

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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

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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

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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.

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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.

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