Global Investments ( former Babcock & Brown )

Re: Global Investments ( former Babcock & Brown )

Postby winston » Tue May 22, 2018 11:03 am

vested

14 May 2018

BBRNA Litigation Update

False and misleading representations made to the Company in respect of its investments in railcar portfolios:-

Further to the Previous Announcement, the Board wishes to announce that the Company
has reached an amicable settlement in relation to the Proceedings.

The Company expects to receive net proceeds of approximately A$6.7 million from the Proceeding. This will represent earning per share of 0.40 Singapore cents based on the present issued capital of 1,696.30 million shares.

http://infopub.sgx.com/FileOpen/30_2018 ... eID=505498
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Re: Global Investments ( former Babcock & Brown )

Postby winston » Sat Aug 18, 2018 6:19 pm

vested

Financial Performance for 2Q 2018

The Group reported a profit after tax of S$4.2 million in 2Q 2018, lower than the profit after tax of S$4.8 million recorded in 2Q 2017 by S$0.6 million.

Income for 2Q 2018 was lower at S$5.4 million as compared to S$9.8 million reported in 2Q 2017.

During the quarter, the Group received S$6.8 million of settlement proceeds from the BBRNA litigation in addition to interest, net foreign exchange gain and dividend of S$5.3 million. However, this was offset by a net fair value loss of S$6.8 million due to the overall reduction in market prices of securities.

In 2Q 2017, the Group’s income was mainly contributed by interest income and net foreign exchange gain of S$4.6 million and S$2.6 million respectively.

The net asset value per share of the Group as at 30 June 2018 was 19.69 Singapore cents after the payment of 2017 final dividend of 0.60 Singapore cents per share and taking into account the new shares issued pursuant to the Scrip Dividend Scheme.

http://infopub.sgx.com/FileOpen/33a_201 ... eID=520663
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Re: Global Investments ( former Babcock & Brown )

Postby behappyalways » Sun May 19, 2019 8:42 pm

Global Investments swings back to black in 1Q on financial assets fair value gain
https://www.theedgesingapore.com/global ... value-gain
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Re: Global Investments ( former Babcock & Brown )

Postby behappyalways » Wed Mar 22, 2023 1:11 pm

Global Investments says it holds Credit Suisse's AT1 bonds
https://www.theedgesingapore.com/news/c ... -at1-bonds
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Re: Global Investments ( former Babcock & Brown )

Postby behappyalways » Tue Feb 27, 2024 4:51 pm

Global Investments reverses into earnings of $8.60 mil for FY2023
https://www.theedgesingapore.com/capita ... mil-fy2023
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