GROUP ORGANIZATION STRUCTURE
http://info.sgx.com/webcorannc.nsf/ef3b ... enDocument
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The Board of Directors of Koon Holdings Limited (the “Companyâ€) wishes to announce that it has undertaken an internal review of the Group’s organization structure and as a result changes have been made to rationalise the same.
In connection with such changes, the Company is pleased to announce that:
a. Mr Tan Thiam Hee, the CEO of the Company, has been appointed as Chairman of each of the Company’s subsidiaries, namely Koon Construction Transport Co Pte Ltd, Entire Engineering Pte Ltd and Gems Marine Pte Ltd; and
b.Mr Oh Koon Sun, an Executive Director of the Company, has been appointed as the Managing Director of Koon Construction & Transport Co Pte Ltd, one of the Company’s subsidiaries.
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not vested. putting this on my watch list.
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Koon Holdings
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Koon Holdings
by iam802 » Tue Aug 05, 2008 1:13 pm
1. Always wait for the setup. NO SETUP; NO TRADE
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
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2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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Re: Koon
by iam802 » Tue Aug 05, 2008 1:14 pm
Incorporation of New Subsidiary
http://info.sgx.com/webcorannc.nsf/ef3b ... enDocument
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The Board of Directors of Koon Holdings Limited (the "Company") is pleased to announce that the Company has incorporated a wholly-owned subsidiary, Entire Construction Pte. Ltd. (“Entire Constructionâ€) in Singapore.
Entire Construction, with an issued and paid-up capital of S$350,000, will be engaged in civil engineering and general construction works. The investment was funded through the Group’s internal resources.
The incorporation of Entire Construction is not expected to have any material impact on the Group’s earnings or net tangible asset for the financial year ending 31 December 2008.
None of the directors has any interest, direct or indirect, in the above.
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http://info.sgx.com/webcorannc.nsf/ef3b ... enDocument
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The Board of Directors of Koon Holdings Limited (the "Company") is pleased to announce that the Company has incorporated a wholly-owned subsidiary, Entire Construction Pte. Ltd. (“Entire Constructionâ€) in Singapore.
Entire Construction, with an issued and paid-up capital of S$350,000, will be engaged in civil engineering and general construction works. The investment was funded through the Group’s internal resources.
The incorporation of Entire Construction is not expected to have any material impact on the Group’s earnings or net tangible asset for the financial year ending 31 December 2008.
None of the directors has any interest, direct or indirect, in the above.
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1. Always wait for the setup. NO SETUP; NO TRADE
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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Re: Koon Holdings
by blid2def » Tue Aug 05, 2008 2:29 pm
Thought the name Tan Thiam Hee sounded familiar... did a quick check - ah so he was formerly from Haw Par, Group Financial Controller and Company Secretary.
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Re: Koon Holdings
by iam802 » Mon Sep 15, 2008 9:52 pm
http://info.sgx.com/webcorannc.nsf/ef3b ... enDocument
At approximately 2:45pm on 9 September 2008, a blast occurred on a barge that was undergoing a sea-fastening operation carried out by a subcontractor appointed by our subsidiary, Gems Marine Pte Ltd.
The blast resulted in a worker being slightly injured and damage sustained to surrounding properties. The Company is presently assisting the authorities with investigations into the cause of the accident.
It is anticipated that subject to the cause of the accident being established, claims may be made against our subsidiaries, Koon Construction and Transport Co., Pte Ltd and/or Gems Marine Pte Ltd in respect of the said injury and damages. The full extent of the said claims is not yet known but these should be covered by the relevant insurances and/or terms of the applicable contracts on allocation of risks. There will be some
financial impact to the Group but at this preliminary stage we do not think that such impact will be significant.
1. Always wait for the setup. NO SETUP; NO TRADE
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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Re: Koon Holdings
by kennynah » Mon Sep 15, 2008 9:53 pm
what a name...koon...sounds like "sleep" in hokkien... i hear already sian 1/2, dont talk about buying it..
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Re: Koon Holdings
by iam802 » Mon Sep 15, 2008 9:57 pm
Name of founder lar... not nice to 'make fun' hor.
1. Always wait for the setup. NO SETUP; NO TRADE
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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Re: Koon Holdings
by kennynah » Mon Sep 15, 2008 10:06 pm
oic....not making fun lah...just say my impression when i see that "koon"... but then we have ah koon...do until got dragon and phoenix...so, different people different lives...hahahaha...
your relative, is it ? how come so sensitive ?
your relative, is it ? how come so sensitive ?
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Re: Koon Holdings
by iam802 » Mon Sep 15, 2008 10:10 pm
not sensitive and not relative lar.
nothing better to comment... so TCSS a bit about company's history lor.
nothing better to comment... so TCSS a bit about company's history lor.
1. Always wait for the setup. NO SETUP; NO TRADE
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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Re: Koon Holdings
by millionairemind » Wed Jan 27, 2010 6:29 pm
January 27, 2010, 4.19 pm (Singapore time)
Koon FY09 net profit up 440%
By CHEW XIANG
Construction firm Koon Holdings on Wednesday said full year profit for 2009 increased 440 per cent to S$10.7 million on a 10.6 per cent increase in sales to S$137.3 million.
The company said it will pay a final dividend of 1 Singapore cent a share, and a special dividend of 0.5 Singapore cent a share. Total payout for the year is 2.5 Singapore cents, including an interim 1 cent dividend already paid out.
Koon said increased profitability was achieved by better cost management, such as centralising procurement, closer monitoring of construction material and more in-house work.
It noted that while public sector demand remained firm, the group had been awarded fewer private sector contracts while there appears to be a trend of more very large or very small contracts. The first would require Koon to take on more risk, while the second have smaller margins and greater competition.
Koon said it was looking beyond Singapore for opportunities, with a particular focus on Vietnam.
Koon FY09 net profit up 440%
By CHEW XIANG
Construction firm Koon Holdings on Wednesday said full year profit for 2009 increased 440 per cent to S$10.7 million on a 10.6 per cent increase in sales to S$137.3 million.
The company said it will pay a final dividend of 1 Singapore cent a share, and a special dividend of 0.5 Singapore cent a share. Total payout for the year is 2.5 Singapore cents, including an interim 1 cent dividend already paid out.
Koon said increased profitability was achieved by better cost management, such as centralising procurement, closer monitoring of construction material and more in-house work.
It noted that while public sector demand remained firm, the group had been awarded fewer private sector contracts while there appears to be a trend of more very large or very small contracts. The first would require Koon to take on more risk, while the second have smaller margins and greater competition.
Koon said it was looking beyond Singapore for opportunities, with a particular focus on Vietnam.
"If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he has been wrong" - Bernard Baruch
Disclaimer - The author may at times own some of the stocks mentioned in this forum. All discussions are NOT to be construed as buy/sell recommendations. Readers are advised to do their own research and analysis.
Disclaimer - The author may at times own some of the stocks mentioned in this forum. All discussions are NOT to be construed as buy/sell recommendations. Readers are advised to do their own research and analysis.
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