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Stocks In Focus SG (Addvalue Tech, Tuan Sing Hldgs, Zhongmin Baihui Retail) – 26/11/14
Daily Bulletin | 26 November 2014
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Addvalue Technologies has begun the development of a radiation-resistant satellite-based communication modem to be experimented on a new satellite built by Nanyang Technological University that is targeted for launch in 4Q15. Supported by the Singapore Economic Development Board through a technology grant for the company, the objective of the experiment is to demonstrate the technical feasibility of a new satellite-based communication technology.

Tuan Sing Holdings granted an option to purchase a property unit in its residential development project, Cluny Park Residence, to an interest person. There was no preferential discount given to the purchase price of the property unit at $2.4 million.

Zhongmin Baihui Retail Group has successfully bidded for a proposed 15-year lease of the premises located at Xianyou Lizhong Wenti Lvhua Square in Fujian Province, China. The group intends to use the premise for the operation of a one-floor departmental store on the basement with an aggregate gross floor area of 6,700 square metres and a basement car park. The departmental store is expected to be fully operational in 1H15 and will be funded through internal funds.

Addvalue Technologies  -- -- --   
Business: Co provides satellite-based communication terminals and solutions for various voice and IP-based data applications. [FY18 Geographical] Asia Pacific (66.7%), Europe, the Middle East & Africa (21.5%), North America (11.8%).

Insight: Feb-19, 9M19 revenue decreased marginally to US$2.... Read More
Tuan Sing Hldgs  -- -- --   
Business: Co focuses on the devt & invs of prime ppties.

Insight: Jan-19, FY18 revenue fell 5.6% to $336.1m mainly d... Read More
Zhongmin Baihui Retail Group  -- -- --   
Business: Co is principally engaged in the ownership and op of the 'Zhongmin Baihui' department store in PRC.

Insight: May-18, 1Q18 revenue declined marginally by 1.4% t... Read More

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