GSH CORPORATION LIMITED SGX:BDX

Asphodeli

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Might as well buy GYP (Global Yellow Pages) since he serves as an ID on the board, every year can go see him at the AGM? :s22:
 

Small Boy

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Stock is up 6.5% as of time of post.

Congrats to all who bought or are holding.
 

Jupiter2017

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http://www.businesstimes.com.sg/companies-markets/gsh-corp-reports-stronger-bottom-line-in-q3
GSH Corp reports stronger bottom line in Q3
Fri, Nov 10, 2017 - 6:16 PM Nisha Ramchandani nishar@sph.com.sg

GSH Corp's third-quarter net profit swelled to S$2.05 million from S$103,000 a year ago, thanks in part to its share of profit from an associate.
This was despite revenue sliding around 26 per cent year on year to S$20.97 million as there was no revenue contribution from its property business. In contrast, its property business earned revenue recognition of S$9.1 million in Q3 2016 from GSH Plaza, which has since been completed.
Its Eaton Residences project in Kuala Lumpur was "well received", the group highlighted, and sales of its units will be progressively recognised over the construction period, starting from Q4 2017.
Meanwhile, its hospitality business grew 8 per cent to S$20.8 million in Q3 2017, owing to higher room occupancy and average room rates at its two hotels in Sutera Harbour Resort in Kota Kinabalu, Sabah.
After the group's investment into Henan Zhongyuan, which owns one of the largest food logistics and warehousing hubs in China, GSH recorded S$1.2 million share of profit from the associated company in Q3 2017.
Earnings per share for the quarter under review rose to 0.105 Singapore cent from 0.005 Singapore cent previously.
 

Jupiter2017

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http://www.businesstimes.com.sg/com...porates-property-development-company-in-china
GSH unit incorporates property development company in China
WED, JAN 10, 2018 - 7:17 PM CHIA YAN MIN chiaym@sph.com.sg

MAINBOARD-LISTED property developer GSH Corporation's subsidiary, GSH (Xi'an) Investments, has incorporated a property development company in China.
Called GSH (Xi'an) Property Development Co, the China unit has registered capital of S$135.25 million.
The move is in line with the group's expansion plans into China, it said in an exchange filing on Wednesday.
The incorporation is not expected to have any significant impact on the net tangible assets or earnings per share of the company for the current year.

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

Jupiter2017

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http://www.businesstimes.com.sg/com...-jalan-petaling-plot-in-kuala-lumpur-for-s55m
GSH to buy prime Jalan Petaling plot in Kuala Lumpur for S$55m
Mon, Feb 12, 2018 - 7:09 PM Lee Meixian leemx@sph.com.sg

PROPERTY developer GSH Corporation is investing 164.5 million ringgit (S$55.2 million) for a 50 per cent stake in a prime 1.4-hectare plot in Kuala Lumpur's Chinatown precinct of Jalan Petaling.
The company on Monday said it has signed a conditional subscription and shareholders agreement with Malaysian conglomerate Tradewinds Corporation for the stake in Aspirasi Kukuh, a wholly-owned subsidiary of Tradewinds which owns the plot, and which will also undertake its development.
The consideration will be paid via a subscription of new shares for about 50.1 million ringgit and a shareholder loan. It will be funded by a combination of the group's internal resources and borrowings.
GSH said the 99-year leasehold site will be developed into a premium condominium of about 1,700 units. It is about 300 metres from the M101 Skywheel integrated development, a new icon for the city with its unique ferris wheel perched at 220 metres above ground on the 53rd floor of the building. M101 Skywheel will also boast one of the world's highest shopping mall, and Asia's first Planet Hollywood Hotel.
GSH shares closed flat at S$0.46.

price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=BDX.SI
 
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