New Silkroutes Strikes Off Subsidiaries
New Silkroutes (SGX:BMT) struck off three dormant wholly-owned subsidiaries namely HIS Asia, HIS Specialists and HIS Cardiology, according to a filing with the Singapore Exchange on Monday. The compan
New Silkroutes Group Streamlines With Subsidiary Closures
New Silk Road Cultural Tourism (00472) Announces 2023 Results Loss attributable to owners of HK$82.255 million narrowed 26.87% year-on-year
According to the Zhitong Finance App, New Silk Road Cultural Tourism (00472) announced its 2023 results, with revenue of about HK$469 million, up 26.99% year on year; loss due to company owners was HK$82.255 million, a year-on-year decrease of 26.87%; loss per share was 2.56 HK cents. According to the announcement, the main reason for the increase in revenue was the property management business revenue of approximately HK$338 million (2022: none).
New Silk Road Cultural Tourism (00472.HK) expects losses attributable to group owners to narrow year-on-year in 2023
Gelonghui, March 13, 丨 New Silk Road Cultural Tourism (00472.HK) announced that, according to the Group's unaudited comprehensive management accounts for the full year ended 31 December 2023 (“within the year”), compared with the loss attributable to Group owners of about HK$110 million in 2022, it is expected that the Group owner should account for a loss of about HK$80 million to HK$100 million. The decrease in annual losses was mainly due to the profit contribution of the property management division acquired by the Group in May 2023 being offset by impairment of the Group's intangible assets and holding completed properties for sale, as fair value declined in the second half of 2023 in an environment of continued high interest rates.
New Silk Road Cultural Tourism (00472.HK) held a board meeting on March 20 to approve publication of annual results
Gelonghui, March 6, 丨 New Silk Road Cultural Tourism (00472.HK) announced that a board meeting is scheduled to be held on March 20, 2024 (Wednesday) to adopt (including) the audited annual results of the Company and its subsidiaries for the year ended 31 December 2023, and consider the recommendation to declare a final dividend (if any).
New Silkroutes Group Names CFO
New Silkroutes Group (SGX:BMT) promoted Chen Qi from the role of financial controller of the company to chief financial officer, effective Feb. 1, according to a Thursday bourse disclosure. Price (SGD
Singapore's Non-Oil Domestic Exports Fell Unexpectedly in December
Singapore's non-oil domestic exports dropped unexpectedly in December as a decline in shipments of electronics outweighed growth in non-electronics.
New Silkroutes Group's Loss Widens in Fiscal 2023 as Revenue Plummets 72%
New Silkroutes Group's (SGX:BMT) loss attributed to the owners widened to SG$9.6 million, or SG$0.0459 per share, in the fiscal year 2023, from SG$9.4 million, or SG$0.0449 per share, a year ago. Reve
New Silkroutes Group Dissolves Subsidiaries
New Silkroutes Group (SGX:BMT) said its indirect subsidiaries — International Energy Group, TXZ Tankers, and Century Master — have been dissolved, according to a Tuesday filing. The company, which is
New Silkroutes Wins Singapore High Court Approval for Proposed Debt Restructuring
New Silkroutes Group (SGX:BMT) secured the approval of the Singapore High Court for its proposed debt restructuring, according to a Friday bourse filing. The debt restructuring disclosed in September
New Silkroutes Group Returns to Profit in Fiscal Q3
New Silkroutes Group (SGX:BMT) posted a profit attributed to the owners of SG$1.5 million, or SG$0.0072 per share, in the fiscal third quarter, against an attributable loss of SG$37.5 million, or SG$0
Express News | The “New Silk Road” adds vitality to economic globalization
Singapore High Court to Hear New Silkroutes' Application to Approve Scheme of Arrangement on Nov. 14
The High Court of Singapore will hear New Silkroutes Group's (SGX:BMT) application to approve the proposed scheme of arrangement with its creditors on Nov. 14. The company had earlier asked the High C
New Silkroutes Group Seeks Court's Approval of Scheme of Arrangement
New Silkroutes Group (SGX:BMT) has asked the High Court of Singapore to issue an order approving the company's proposed scheme of arrangement with its creditors. This follows the company and creditors
New Silkroutes Lowers Consideration to Buy Chinese Investment Management Firm to MYR4 Million
New Silkroutes Group's (SGX:BMT) amended the terms of the deal to acquire 100% Tianjin Zhoushun Logistics from Beijing Luoke Business Management. Under the amendment, the company's indirect subsidiary
New Silkroutes Group Secures Another Extension of Moratorium Protection
The High Court of Singapore has extended the moratorium protection for New Silkroutes Group (SGX:BMT) for another two months until Dec. 9. The moratorium protection was initially granted by the court
New Silkroutes Places Two Indirect Units Into Creditors' Voluntary Liquidation
New Silkroutes Group (SGX:BMT) said its indirect units, Healthsciences International and HSI Dental, have been placed into creditors' voluntary liquidation on Sept. 29. Accordingly, Cameron Lindsay Du
New Silkroutes Files for Another Extension of Moratorium Protection
New Silkroutes Group (SGX:BMT) filed an application with the High Court of Singapore to extend the company's moratorium protection for another two months until Dec. 9. The court will hear the applicat
Goh Jin Hian, Former CEO of New Silkroutes Group and Son of Former PM Goh Chok Tong, Charged With False Trading
Dr Goh Jin Hian, the former chief executive officer of New Silkroutes Group, has been charged with false trading offences along with three other men who were also previously from the group.
New Silkroutes Group's Indirect Unit to Acquire Chinese Investment Management Firm for MYR11 Million
New Silkroutes Group's (SGX:BMT) indirect subsidiary, Beijing Lunan Technology, agreed to acquire a 100% stake in Tianjin Zhoushun Logistics from Beijing Luoke Business Management for 11 million Malay
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