CSE Global

[behappyalways]

CSE Global reports 90% jump in 1Q earnings to $5.7 mil on broad-based revenue growth
https://www.theedgesingapore.com/cse-gl ... nue-growth

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CSE Global swings back into the black with 4Q earnings of $4.9 mil; proposes 1.5-cent final dividend
https://www.theedgesingapore.com/cse-gl ... l-dividend

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CSE Global's US$25 mil Volta acquisition seen as positive by CGS-CIMB
https://www.theedgesingapore.com/capita ... e-cgs-cimb

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CSE Global secures 2 new oil and gas contracts in Americas region worth $103.7 mil
https://www.theedgesingapore.com/news/c ... h-1037-mil

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CSE Global wins $127.2 mil in total new orders for 1Q2020, up 46.6% y-o-y
https://www.theedgesingapore.com/news/c ... -466-y-o-y

[winston]

not vested

Temasek unit now a substantial shareholder of CSE Global

GLOBAL technology solutions provider CSE Global on Tuesday announced that Heliconia Capital Management, an investment firm owned by Temasek Holdings, has emerged as its substantial shareholder following the acquisition of a 25.03 per cent stake through a married deal with Serba Dinamik International Ltd.

Following the acquisition, Heliconia has requested that CSE consider appointing its chairman and chief executive Lim How Teck and Derek Lau as non-executive directors to the board of directors.

Lim Boon Kheng, chief executive of CSE, said: “We welcome Heliconia as a strategic investor. The emergence of Heliconia as a substantial shareholder is a strong testament to our business proposition and track record.

The Group will be in a stronger position to expand our businesses both in the Singapore and overseas markets with a strong institutional shareholder base.”

Shares of CSE closed at S$0.460 on Tuesday, up 15 Singapore cents or 3.37 per cent.

Source: Business Times

https://www.businesstimes.com.sg/compan ... cse-global

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Serba Dinamik International, just over two years after taking a stake of around 25% in engineering firm CSE Global, has exited from the investment by selling the whole chunk to Heliconia Capital Management for the same price it paid at 45 cents each.

Heliconia buys Serba Dinamik's stake in CSE Global
https://www.theedgesingapore.com/news/c ... cse-global

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CSE Global secures $114.9 mil in new orders for 2Q20
https://www.theedgesingapore.com/news/c ... rders-2q20

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CSE Global reports 47.7% rise in 1H20 earnings to $15.1 mil on higher revenue
https://www.theedgesingapore.com/capita ... er-revenue

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CSE Global secures $91 mil in new orders for 3Q2020
https://www.theedgesingapore.com/news/c ... ers-3q2020