Ying Li International Real Estate *Official* (SGX:5DM)

Shion

Senior Mentor
Joined
Oct 24, 2008
Messages
359,301
Reaction score
109,472
Other than their CEO, the next top 2 shareholders are Phillip Capital Management and DBS Asset Management Arm.

VB forum the thread going back to 2010. Maybe can find something there.
 

wahkao3

High Supremacy Member
Joined
Mar 6, 2005
Messages
26,805
Reaction score
23
this one, ta bad, fa bad
dont touch, high risk low return
 

zv_francesca

Member
Joined
Mar 9, 2015
Messages
211
Reaction score
0
NRA capital has a TP of >0.20+ on it and its revenue & net profit has increased from 2015-2016.

Wonder why they still dont give dividend and the share price is still hovering around 0.13-0.14?
 

wahkao3

High Supremacy Member
Joined
Mar 6, 2005
Messages
26,805
Reaction score
23
NRA capital has a TP of >0.20+ on it and its revenue & net profit has increased from 2015-2016.

Wonder why they still dont give dividend and the share price is still hovering around 0.13-0.14?

dont be hard up over dividend! :o
 

Perisher

Greater Supremacy Member
Deluxe Member
Joined
Jan 5, 2015
Messages
84,184
Reaction score
10,104
A year later, didn't move much, essentially flat with no dividends.
Most property counters doing well in 2017 some more...
 

Jupiter2017

Senior Member
Joined
Sep 2, 2017
Messages
1,476
Reaction score
0
http://www.businesstimes.com.sg/com...sell-stake-in-unit-shiny-profit-for-329b-yuan
China property developer Ying Li to sell stake in unit Shiny Profit for 3.29b yuan
Tue, Nov 28, 2017 - 8:53 AM Wong Kai Yi kaiyiw@sph.com.sg

MAINBOARD-listed Chinese property developer Ying Li International Real Estate has announced on Nov 28 it is selling its stake in its wholly owned subsidiary Shiny Profit Enterprises to Shengyu (BVI) - part of the China Evergrande Group - for 3.29 billion yuan (S$671.9 million) in cash, in a deal slated to close before the end of November.
Together with the proposed sale, Ying Li will buy and transfer a land parcel in Chongqing to Shengyu.
Shengyu will pay 2.77 billion yuan for Shiny Profit, and a further 514.7 million yuan of land tender deposits.
Shiny Profit is a British Virgin Islands-incorporated investment holding company and has a share capital of US$10,000 comprising 10,000 ordinary shares.
Shiny Profit owns 1.01 billion yuan of registered capital in Chongqing Yingli Shiny Profit Real Estate, which holds the "rights, powers, interests and benefits" of the Ying Li International Commercial Centre Project, a premium integrated project located in Jiefangbei, Chongqing's central business district (CBD).
Shiny Profit recorded a loss before tax of 4.41 million yuan for the nine months ended Sept 30, with zero revenue. Its net tangible assets totalled 1.36 billion yuan for the same period, counting towards 27.1 per cent of Ying Li's net assets.
Shengyu (BVI) will pay 9.7 per cent of the deal's price five days after the deal closes, 39.6 per cent 30 days after the closure and 16.1 per cent upon the successful acquisition of the land parcel, which is expected to occur three months from Nov 28.
A further 0.3 per cent and 16.8 per cent will be paid three and 180 days respectively after the third tranche, with the final 17.5 per cent being paid 180 days after the penultimate tranche payment.
Ying Li said that the transaction will help "realise the capital value" of the Chongqing CBD project and strengthen the company's finances, with net proceeds going towards reinvestment in other property projects, repayment and borrowings and general working capital.

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=5DM.SI
 

Jupiter2017

Senior Member
Joined
Sep 2, 2017
Messages
1,476
Reaction score
0
http://www.businesstimes.com.sg/com...-ying-li-up-6-on-chongqing-project-divestment
Hot stock: Developer Ying Li up 6% on Chongqing project divestment
Tue, Nov 28, 2017 - 10:10 AM Wong Kai Yi kaiyiw@sph.com.sg

CHINESE property developer Ying Li gained in early trading on Tuesday as it announced it was divesting its stake in a project under construction in Chongqing's central business district (CBD).
The developer's stock was trading at 15.9 Singapore cents, up 0.9 Singapore cent or 6 per cent as at 9.49am on Nov 28.
Ying Li said that it was selling its stake in the Ying Li International Commercial Centre Project, described as a "premium integrated project" comprising of two office tower blocks and a six-storey retail mall, to China Evergrande-linked Shengyu (BVI) Limited for an aggregate sum of 3.29 billion yuan (S$671.9 million) in cash.
The sale to Shengyu involves Ying Li selling its stake in its wholly owned subsidiary Shiny Profit Enterprises, which in turn owns Chongqing Yingli Shiny Profit Real Estate Co, and the separate transfer of a parcel of land in Chongqing, which Ying Li says is not connected to the Chongqing CBD project.
Ying Li says the net proceeds from the transaction, expected to be around 3.29 billion yuan after deducting costs and expenses, will help "realise the capital value" of the Chongqing CBD project, and strengthen the company's finances.

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=5DM.SI
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top