这个股收益不错呢 Cityneon Holdings, whose shares will be relisted tomorrow, today reported a more than doubling of its order book to $110 million from $52 million in January.
The provider of events and exhibition services in Asia and the Middle East, said its order book to 2012 is also more than twice its total revenue for FY2008. It expects to charge about 70% of the order to revenue for the current financial year ending Dec 31, 2009.
The company released the latest value of contracted projects on the eve of the resumption of its share trading which came after the successful placement of 8,542,000 shares, or 9.6% of its existing issued share capital. The placement was necessary to meet a SGX listing requirement for at least 10% of a company’s shares to be in public hands.
After the placement, 579 shareholders who are members of the public will hold 10,424,672 shares representing approximately 12% of its existing issued share capital.
Cityneon’s shares have been suspended since November 2008 after a successful voluntary cash offer for the company’s shares by Malaysia’s Star Publications (M) Bhd, resulted in more than 90% of the shares held by Star and its concert parties.
Prior to the placement, Star owned about 69% of Cityneon’s existing issued share capital while directors Ko Chee Wah and Lim Poh Hock, both concert parties in the Star offer, control 29%. The shareholdings after the placement are as follows: Star, 59%, Ko and Lim, 29%, and the public, 12%.
Cityneon says that with Star’s backing will further strengthen the company’s credentials when bidding for new projects. The company has clinched two new contracts at the World Expo Shanghai 2010 — an $11 million deal to build the Qatar pavilion and a $13 million contract for the Indonesia pavilion. When completed, the pavilions will showcase each country’s history and transformation into a powerful and lasting example of sustainable and harmonious urban living.
These two contracts will bring to a total of three pavilions that Cityneon is designing and building for the World Expo. In April this year, the firm announced it has been awarded a $13 million contract to build the Oman pavilion.
Other Cityneon’s projects contributing to the growing order book include a previously announced $43 million deal to build five attractions at Universal Studios Singapore in Resorts World at Sentosa and a five-year $6.2 million contract to supply ground protection and furniture fit-out for Singapore’s F1 race in September.
The company was also the main contractor for the Qatar Career Fair 2009 which generated a total revenue of $2.3 million for all works done at the show. In addition, it will also design and build booths for the Oman Tourism Roadshow across nine different countries.
Notable projects completed this year include the 16th Middle East Oil & Gas Show & Conference in Bahrain and “The Sultanate of Oman Showcase” at the Geneva Festival.
Ongoing projects in Singapore include a country-wide roadshow for a leading local telecommunications company, and turn-key services for the design and construction of a gallery at a local tertiary institution.
2019-07-18 11:29
宗政可
这个股free float 只有1.7mln。大股东place out 8.5mln，但很怀疑这个8.5会不会流通。
章富
这个股收益不错呢
Cityneon Holdings, whose shares will be relisted tomorrow, today reported a more than doubling of its order book to $110 million from $52 million in January.
The provider of events and exhibition services in Asia and the Middle East, said its order book to 2012 is also more than twice its total revenue for FY2008. It expects to charge about 70% of the order to revenue for the current financial year ending Dec 31, 2009.
The company released the latest value of contracted projects on the eve of the resumption of its share trading which came after the successful placement of 8,542,000 shares, or 9.6% of its existing issued share capital. The placement was necessary to meet a SGX listing requirement for at least 10% of a company’s shares to be in public hands.
After the placement, 579 shareholders who are members of the public will hold 10,424,672 shares representing approximately 12% of its existing issued share capital.
Cityneon’s shares have been suspended since November 2008 after a successful voluntary cash offer for the company’s shares by Malaysia’s Star Publications (M) Bhd, resulted in more than 90% of the shares held by Star and its concert parties.
Prior to the placement, Star owned about 69% of Cityneon’s existing issued share capital while directors Ko Chee Wah and Lim Poh Hock, both concert parties in the Star offer, control 29%. The shareholdings after the placement are as follows: Star, 59%, Ko and Lim, 29%, and the public, 12%.
Cityneon says that with Star’s backing will further strengthen the company’s credentials when bidding for new projects. The company has clinched two new contracts at the World Expo Shanghai 2010 — an $11 million deal to build the Qatar pavilion and a $13 million contract for the Indonesia pavilion. When completed, the pavilions will showcase each country’s history and transformation into a powerful and lasting example of sustainable and harmonious urban living.
These two contracts will bring to a total of three pavilions that Cityneon is designing and building for the World Expo. In April this year, the firm announced it has been awarded a $13 million contract to build the Oman pavilion.
Other Cityneon’s projects contributing to the growing order book include a previously announced $43 million deal to build five attractions at Universal Studios Singapore in Resorts World at Sentosa and a five-year $6.2 million contract to supply ground protection and furniture fit-out for Singapore’s F1 race in September.
The company was also the main contractor for the Qatar Career Fair 2009 which generated a total revenue of $2.3 million for all works done at the show. In addition, it will also design and build booths for the Oman Tourism Roadshow across nine different countries.
Notable projects completed this year include the 16th Middle East Oil & Gas Show & Conference in Bahrain and “The Sultanate of Oman Showcase” at the Geneva Festival.
Ongoing projects in Singapore include a country-wide roadshow for a leading local telecommunications company, and turn-key services for the design and construction of a gallery at a local tertiary institution.