Oxley Holdings Ltd *Official* (SGX:5UX)

[iantay88]

anyone watching this stock?

 

[wahkao3]

This stock can buy?
buy liao can huat?

 

[iantay88]

This stock can buy?
buy liao can huat?

u go buy big big then one mth later u tell me u huat or nt lor

 

[SpeedingBullet]

This stock can buy?
buy liao can huat?

can buy, sibei satki property counter, u looking for property counters right? This one hoot sure huat.

No guts no glory.

 

[Jarlaxle]

can buy, sibei satki property counter, u looking for property counters right? This one hoot sure huat.

No guts no glory.

wahaha

 

[Small Boy]

Congrats to all who bought / holding.

Stock has risen about 25% in less than 2 months.

 

[Small Boy]

Congrats to all who are holding / bought property counters.

 

[Small Boy]

Congrats to all who have sold to realise their profits.

 

[Wood41]

They left Singapore property scene a few years thinking that it would not recover so soon.
But alas , they scurry back in no time when they sensed that they were wrong.
They are too late with others grabbing more or all enbloc , land bidding etc.

 

[Jupiter2017]

http://www.businesstimes.com.sg/companies-markets/oxleys-q1-net-profit-jumps-nearly-sevenfold
Wed, Nov 01, 2017 - 10:58 PM
Oxley's Q1 net profit jumps nearly sevenfold

OXLEY Holdings posted a nearly sevenfold jump in net profit for the first quarter to S$48.7 million from S$7 million a year ago.
Revenue for the three months to September rose 146 per cent to S$310.6 million from S$126.5 million mainly due to recognition of revenue upon the handover of certain plots in The Royal Wharf Phase 1A, revenue recognised on sold units in two mixed-residential projects in Singapore - Floraville/Floraview/Floravista and The Rise @ Oxley-Residences - due to progress in their construction and rental income from investment properties.
Accordingly, earnings per share came in at 1.67 Singapore cents versus 0.24 Singapore cents a year ago.
No dividend was recommended.
As at end September, the group had total unbilled contract value of S$2.3 billion, of which some S$300 million was attributable to the projects in Singapore and the remaining to overseas projects.

 

[Wood41]

At least the word JUMP is not misused as in
1% ‘jump’ .

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...vidend-policy-on-favourable-market-conditions
Thu, Nov 02, 2017 - 8:33 AM
Oxley unveils dividend policy on favourable market conditions

OXLEY Holdings has unveiled a dividend policy of paying dividends not less than 25 per cent of the group's consolidated profit after tax for the financial years ending June 30, 2018 (FY2018) and June 30, 2019 (FY2019).
The property developer said this was after "having considered the current favourable market conditions".
In an announcement on Wednesday night, Oxley noted that the group's consolidated profit would exclude non-controlling interests and non-recurring, one-off and exceptional items.
It added that the dividend payments are subject to the availability of the company's retained earnings, the group's financial position, capital expenditure requirements, future expansion and investment plans, and other relevant factors as may be determined by the board.
The dividends will be paid on a half-yearly basis, subject to the approval of the board or the shareholders of the company, as required.
"The dividend policy for FY2018 and FY2019 was adopted to give clearer guidance to shareholders of the potential dividend payout which will be pegged to the financial performance of the group for the relevant financial years. The board believes that this policy is in line with good corporate governance practices and is in the best interest of the shareholders of the company."
On Wednesday, Oxley posted a nearly sevenfold jump in net profit for the first quarter to S$48.7 million from S$7 million a year ago. This was on the back of a 146 per cent increase in revenue to S$310.6 million from S$126.5 million.

 

[Jupiter2017]

http://www.businesstimes.com.sg/rea...to-oxley-holdings-subsidiary-for-s311-million
Mayfair Gardens sold en bloc to Oxley Holdings subsidiary for S$311 million
Sun, Nov 19, 2017 - 4:15 PM Nisha Ramchandani nishar@sph.com.sg

OXLEY Holdings' subsidiary Citrine Property has been successful in its S$311 million bid for the collective purchase of 124-unit Mayfair Gardens.
The sale price, with an additional lease top-up premium estimated at S$52 million to top up the lease to a fresh 99 years, translates to a land price of approximately S$1,244 per square foot per plot ratio (psf ppr), according to marketing agent Knight Frank. Each owner stands to receive a gross sale price of approximately S$1.7 million to S$2.89 million.
At the close of the tender on Nov 16, owners of 105 out of 124 units, making up 84.33 per cent of the total strata area, agreed to the collective sale.
A private residential estate, Mayfair Gardens comprises six residential walk-up blocks of 124 apartment units ranging from 100 sq m to 200 sq m, and has a site area of 19,368 sq m.
According to Ian Loh, executive director and head of investment & capital markets at Knight Frank, the breakeven price for the new project is estimated at S$1,780 psf, given the sale price of S$311 million.
Oxley said that the purchase will be funded by internal resources and bank borrowings.

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

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...to-buy-chevron-house-shares-to-resume-trading
Oxley confirms talks to buy Chevron House; shares to resume trading
Mon, Nov 27, 2017 - 8:14 AM Kenneth Lim kenlim@sph.com.sg

OXLEY Holdings has confirmed that it is negotiating to buy the Chevron House building in Singapore's financial district.
Oxley, a property developer, said in an announcement before the market opened on Monday that it is in the process of conducting due diligence, and no definitive agreement has been executed yet.
The company made those comments in response to a Business Times article on Nov 24 saying that Oxley was in the advanced stages of buying the 32-storey office and retail building from a fund managed by Deka Immobilien of Germany.
The purchase price, according to the article, was expected to be around S$660 million, or S$2,526 per square foot of net lettable area. Chevron House has 261,280 sq ft of net lettable area on a 29,891 sq ft site. It has 71 years remaining on a 99-year leasehold that started in December 1989.
Trading in Oxley shares will resume on Monday after the counter was halted on Friday following the publication of the article. The stock last changed hands at 63 Singapore cents on Thursday.

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

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...-st-large-mid-cap-index-ftse-st-mid-cap-index
Oxley included on FTSE ST Large & Mid Cap Index, FTSE ST Mid Cap Index
Fri, Dec 01, 2017 - 8:31 AM Wong Kai Yi kaiyiw@sph.com.sg

OXLEY Holdings has been included on the FTSE ST Large & Mid Cap Index and the FTSE ST Mid Cap Index, following quarterly review changes to the FTSE ST Index Series, the property developer announced in a pre-market filing on Friday.
The FTSE ST Large & Mid Cap Index and the FTSE ST Mid Cap Index are part of the series of indices created for the Singapore market to represent various sized companies, sectors and themes.
As at Thursday's market close, Oxley was trading at 60 Singapore cents, down 1.5 Singapore cents or 2.44 per cent.

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

 

[Jupiter2017]

http://www.businesstimes.com.sg/rea...eehold-apartment-8-at-potong-pasir-for-s2153m
Oxley buys freehold Apartment 8 at Potong Pasir for S$21.53m
TUE, DEC 12, 2017 - 8:25 AM WONG KAI YI kaiyiw@sph.com.sg

PROPERTY developer Oxley Holdings has exercised options to purchase all eight units of the Apartment 8 freehold development in the Potong Pasir neighbourhood for S$21.53 million in total.
The sellers of the development, located at 21 Meyappa Chettiar Road, have already been paid S$215,300 in aggregate upon the granting of the options, and a further S$861,200 upon the Oxley's exercise of the options. The balance will be paid upon completion of the purchase, scheduled to be March 2018.
Oxley says it intends to redevelop the property, which sits on a 898.1 square metre site that is zoned for residential use.
The developer is funding the purchase through internal resources and bank borrowings, and says the purchase is not expected to have a material impact on the company's financials.

 

[Wood41]

Oxley left for UK property a few years ago which has dropped & is now rushing back here
.
Even ex giant Far East with its Redas head Augustine Tan kiasi & didn’t win many & kept on ‘warnings’ & none other developers listened. Lol

The Chinese property developers which stayed led the local revival.

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...-chevron-house-property-developer-centra-cove
Oxley acquires Chevron House, property developer Centra Cove
THU, DEC 14, 2017 - 8:34 AM WONG KAI YI kaiyiw@sph.com.sg

OXLEY Holdings announced on Dec 14 it has entered into sale and purchase agreements to buy Raffles Place office building Chevron House for S$660 million, as well as Singapore property developer and investment holding company Centra Cove for a cash consideration of US$12 million.
Deka Singapore A Pte Ltd has sold Chevron House, a 32-storey commercial development with 27 levels of office space and a five-storey retail podium, with a net lettable floor area of 24,273 square metres (sq m).
Oxley intends to renovate the commercially zoned site, which has a land area of 2,777.9 sq m.
A deposit of S$33 million and Goods and Services Tax (GST) have been paid to the vendor and the vendor's solicitors respectively, with the balance of the purchase price with any applicable GST payable upon completion of the acquisition on March 29, 2018.
The acquisition is financed through internal resources and bank borrowings, and Oxley expects it to have no impact on its financials.
Separately, Oxley announced it is acquiring Centra Cove from unrelated third parties Phuong Tuan Long and Teou Chun Tong Jason.
Centra Cove holds 75 per cent of the licensed charter capital of Vietnamese company Phu Thinh Land (PT Land), of which 16.81 per cent of the charter capital has been paid up.
With the purchase, Oxley will have a stake in and co-develop a residential project in Dong Nai province in Vietnam with a state-owned construction company.
The consideration of around S$16.2 million was arrived at through arm's length negotiations after Oxley's assessment of the project's potential value.
The vendors were paid US$5.63 million prior to the purchase agreement on Dec 13, with the balance to be paid upon the fulfilment of certain conditions. The purchase is funded by internally generated funds and bank borrowings.

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

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...s-awarded-vista-park-collective-sale-at-s418m
Oxley Holdings awarded Vista Park collective sale at S$418m
THU, DEC 14, 2017 - 11:28 PM

THE collective sale of Vista Park in South Buona Vista Road has been awarded to Oxley Holdings at S$418 million, which works out to about S$1,096 per square foot per plot ratio (psf ppr), inclusive of an estimated S$72 million payable to the state to top up the site's lease to 99 years.
The site is zoned for residential use with a 1.4 plot ratio and allowable height of up to five storeys.
Vista Park, which is at the edge of Kent Ridge Park and faces the sea, is on a 319,250 sq ft site with a balance lease of about 60 years.
Teakhwa Real Estate, which marketed Vista Park's collective sale, said the tender, which closed on Wednesday (Dec 13), was "hotly contested" with five close bids and a few expressions of interest.
Vista Park comprises 209 units including 22 townhouses. Owners will receive sums of between S$1.39 million and S$4.18 million per unit - more than double what the units could have fetched if sold individually. This is based on the prices achieved for the 11 units in the project that were transacted this year, said Sieow Teak Hwa, managing director of Teakhwa Real Estate.
To date, owners controlling about 82 per cent of share value and strata area in the development have agreed to the sale. The transaction will be subject to approval by the Strata Titles Board.
The reserve price set by the owners for the collective sale is S$323 million. When the tender for the en bloc sale was launched in November, the guide price indicated was S$350 million.

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

 

[Wood41]

Over borrowing ?

Oxley buys Chevron House, Vista Park, stake in Vietnam project in deals totalling over S$1b
http://www.businesstimes.com.sg/com...k-stake-in-vietnam-project-in-deals-totalling