Unlock the Power of Global Investor Relations! ๐๐ผ
At Gem Comm, we bridge the communication gap for companies with a global footprint, like our client Procurri โ listed on SGX since 2016 and with a CEO based in the US. ๐ธ๐ฌ๐บ๐ธ
๐ฃ๐ฟ๐ผ๐ฐ๐๐ฟ๐ฟ๐ถโ๐ ๐ ๐ฟ ๐๐ผ๐ฟ๐ฑ๐ฎ๐ป underscores the importance of tapping Gem Commโs familiarity with the nuances of SGX and the local investor community. This strategic partnership allows Procurri to better articulate its messaging and vision with clarity, transcending geographical boundaries even while Mr Jordan leads from the US.
Gem Comm’s expertise lies in seamlessly connecting businesses with their investors, no matter where they are. We help listed clients like Procurri uphold the highest reporting and disclosure standards while fostering close communication channels on the ground.
By leveraging on our tailored investor relations strategies, we cultivate trust, nurture enduring connections, and unlock lasting value for companies and their stakeholders alike.
Trust Gem Comm to be your global investor relations partner โ we can elevate your business to new heights while keeping your investors engaged and informed every step of the way! ๐๐
Li Jialin and Eric Ong of Maybank Securities have kept their “buy” call and 45 cents target price forย LHN after the co-living operator announced it is adding two new developments to its portfolio.
First, LHN won a government tender for the former Bukit Timah fire station, which will be refurbished at a cost of $7 million to become a mixed-use project with 60 serviced apartment units on levels 2 & 3, and a ground floor commercial F&B and retail operation.
According to LHN, this site will serve as a key community node for both the Rail Corridor and the surrounding precinct and is expected to be open by June 2025.
“In our view, the Bukit Timah project should capitalize on LHNโs expertise and synergy across its business units in co-living, commercial and facility management,” write Li and Ong in their April 11 note.
Meanwhile, LHN is also teaming up with Oxley Holdings 5UX 0.00% CEO Ching Chiat Kwong and his son Shawn Ching in a 50-50 joint venture to acquire Wilmer Place, which is at 50 Armenian Street, near the City Hall MRT.
According to the Maybank analysts, the office building could remain as a commercial building or be re-purposed for LHN’s co-living business.
With a land area of 710.7 sqm, the leasehold building has a tenure of 99 years from 1 May 1947. This should enable the LHN, which is spending up to $24 million for this project, to expand its co-living offerings under its space optimization business segment.
In total, LHN has 6 upcoming projects, including the Ministry of Health hostel for 700 nursing professionals.
To help fund this growth, LHN is offering commercial paper of up to $5 million, at a 6% interest rate
With MOH proposing another 11 other sites, this suggestsย possible re-rating catalysts for LHN if it can secure more of these projects, according to the Maybank analysts.
Their target price of 45 cents is pegged at 8 times forward FY2024 earnings.
LHN shares changed hands at 34 cents as at 2.05pm, up 1.52% for the day.
Acquisition of BK Aesthetics Clinic at 100AM Mall, Tanjong Pagar
Consideration of S$117,026 based on independent asset valuation and share exchange at S$0.015 per piece
SINGAPORE, 11 April 2024 โ Beverly JCG Ltd. (SGX: 9QX) (the โBeverly JCGโ or
the โCompanyโ, and together with its subsidiaries, the โGroupโ), a reputable brand in
Malaysia, together with Beverly Wilshire (โBWโ), a multi-award-winning integrated
beauty and wellness medical group specialising in cosmetic surgery, aesthetic medicine,
general and specialist dental aesthetics, hair restoration and a range of healthy ageing
and wellness services, wishes to announce that on 9 April 2024, the Company has
entered into a sale and purchase agreement to acquire BK Aesthetics Clinic located at
#04-11 and #04-12, 100AM, 100 Tras Street, Singapore, to enhance the Groupโs
portfolio in the healthcare and wellness sector.
The acquisition, settled through a share exchange valued at S$0.015 per share,
underscores Beverly JCGโs investment in regional growth and expansion. By
incorporating BK Aesthetics Clinic into its portfolio, Beverly JCG is setting a strong
foundation for growth through a foray into Singapore and signals its intention to explore
further acquisition opportunities. This initiative aligns with the companyโs broader
objective to become a leading regional player in healthcare, wellness, and beauty.
Dato’ Ng Tian Sang, Deputy Chairman and CEO, stated, โThis transformative acquisition marks a pivotal step in our ambition to establish Beverly JCG as the preeminent force in the regionโs healthcare, beauty, and wellness industry. We remain committed to pursuing growth opportunities that will propel us to new heights, solidifying our position as a trusted provider of unparalleled value to our clients and shareholders.โ
Beverly JCG’s acquisition of BK Aesthetics Clinic marks the start of its ambitious journey
to dominate the healthcare, wellness, and beauty industry in the region. The company
promises innovative solutions and exceptional service quality to its clientele.
๐ ๐ฟ. ๐ฆ๐ฒ๐ฎ๐ป ๐๐ฒ๐ฒ, CEO of ๐ ๐ฎ๐ฟ๐ฐ๐ผ ๐ฃ๐ผ๐น๐ผ ๐ ๐ฎ๐ฟ๐ถ๐ป๐ฒ, one of our esteemed clients, emphasises the significance of effective investor relations in keeping shareholders well-informed about the companyโs performance, strategy, and future prospects, fostering understanding and trust. By gathering feedback from shareholders, the company enhances transparency and communication, fortifying its relationship with shareholders.
๐ ๐ฟ. ๐๐ถ๐บ ๐๐ต ๐๐ต๐ฒ๐ป๐ด, CEO of ๐๐๐ป๐ฎ-๐ ๐ฎ๐ฐ ๐๐ผ๐น๐ฑ๐ถ๐ป๐ด๐ ๐๐๐ฑ (SGX: NO4), one of our esteemed clients emphasises the significance of sharing company developments with shareholders, irrespective of whether the news is positive or negative. This practice ensures shareholders are well-informed about the company’s endeavours, which cultivates investor trust and engagement.
Dyna-Mac Holdings has secured several contracts, bringing its order book to a new high of $896 million. These projects will be delivered till 2026.
The main contract involves the construction of process modules. It marks the largest-ever contract win in Dyna-Macโs history, involving a record tonnage and number of process modules in a single contract.
The rest of the contracts include the provision of services for the execution, fabrication, installation and integration work on vessels, and scope increase for current projects.
According to Dyna-Mac, its recent capacity expansion and upgrading allows for the further optimization of construction methodology and production workflow. This will increase Dyna-Macโs productivity in that itโll use lesser manpower and time needed for the same amount of work.
The new orders are not expected to have a material impact on Dyna-Macโs earnings per share (EPS) and net tangible assets (NTA) for the FY2024 ending Dec 31.
Shares in Dyna-Mac closed 1.5 cents higher or 4% up at 39 cents on April 2.
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