THE following companies saw new developments that may affect trading of their securities on Thursday (Aug 17):
$SGX(S68.SI): The Singapore Exchange (SGX) Group has reported earnings of $570.9 million for the FY2023 ended June 30, 26.5% higher than FY2022’s earnings of $451.4 million.
Earnings per share (EPS) for the year stood at 53.4 cents.
Revenue rose 8.7% y-o-y to $1.19 billion mainly due to higher derivatives revenue, which grew by 27.2% y-o-y. Revenue for derivatives includes equities derivatives, currencies and commodities futures and options trading and clearing revenue and associated treasury income. Total treasury income grew by $88.9 million.
CapitaLand Ascendas REIT (CLAR) has completed the acquisition of its fifth data centre in the UK for GBP119.4 million ($199.9 million). The data centre was acquired from an unrelated global data centre operator.
The data centre is a two-storey, high-specification Tier III colocation data centre facility that is located in Watford in North-West London. It has a total land area of 25,000 sqm (269,097.76 sq ft) with a total lettable area of 8,412 sqm. Its occupancy rate as at June 30, is at 80% and it has a weighted average lease expiry (WALE) of 3.3 years by gross revenue. The data centre has five tenants as at June 30. Its remaining land lease tenure is at 85 years.
Marco Polo Marine: Marco Polo Marine has reported a revenue of $36.8 million, up 28.9% y-o-y for the 3QFY2023 ended June 30 on the backing of strong performance from both ship catering and shipyard business.
The group’s 9MFY2023 revenue came in at $92.7 million, a 65% increase y-o-y due to the full consolidation of results from the Pelayaran Nasional Bina Buana Raya (BBR) and PKR Offshore (PKRO).
Gross profit increased 47.2% y-o-y, amounting to S$14.2 million during the same period, with gross profit margin improving by 38.7%.
Penguin: THE closing date for the offer to take Penguin International private has been extended for the fifth time to 5.30 pm on Aug 31, the shipbuilder announced in a bourse filing on Wednesday (Aug 16).
The offer, priced at S$0.83 a share, was set to close on Thursday. The offeror is Aleph Tav, a consortium comprising Penguin’s executive chairman Jeffrey Hing, managing director James Tham, and a special-purpose vehicle under private equity firm Dymon Asia.
As at 6 pm on Wednesday, Aleph Tav had a resultant shareholding of 88.81 per cent of Penguin International, comprising valid acceptances of the offer, as well as shares owned, controlled or agreed to be acquired by the offeror and concert persons.