United States

AEI Corporation Ltd (AEIC.SI)

AEIC.SI on Stock Exchange of Singapore

26 May 2017
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$0.04 (+6.06%)
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Latest Key Developments (Source: Significant Developments)

AEI Corporation expected to report a loss for FY2016
Wednesday, 15 Feb 2017 04:31am EST 

AEI Corporation Ltd : Expected to report a loss for FY2016 .Loss was due to lower sales revenue due to challenging market conditions, impairment of assets and de-consolidation of disposed subsidiaries.  Full Article

AEI Corporation issues profit guidance
Thursday, 28 Jul 2016 06:48am EDT 

AEI Corporation Ltd : Says for the half year ended 30 June 2016, the group expects to report an operating loss for this period . The operating loss was mainly due to lower sales due to weak demand from the core sectors and challenging market conditions .  Full Article

AEI Corporation announces proposed internal restructuring
Thursday, 23 Jun 2016 05:42am EDT 

AEI Corporation Ltd : Proposed internal restructuring) . Unit AEI engineering pte. entered into a business transfer agreement with unit AEI Corporation Singapore) . Agreement for sale and transfer of AEI engineering's business and assets to AEI Corporation Singapore) .  Full Article

AEI Corporation Ltd says completion of the business transfer agreement and increase of issued and paid-up share capital in AEI Corporation
Friday, 23 Oct 2015 05:39am EDT 

AEI Corporation Ltd:Further to Announcement and the approval of the Shareholders at the extraordinary general meeting held on 27 April 2015, the Board of Directors of AEI Corporation Ltd wishes to announce the completion of the Business Transfer Agreement.Agreement in relation to sale and transfer of the Business and the Assets to AEI Corporation (Singapore) Pte. Ltd a wholly-owned subsidiary of the Company.Company has simultaneously subscribed for an additional 3,653,417 ordinary shares of S$1 each in the capital of AEICS for an aggregate cash consideration of S$3,653,417.The subscription was funded through the internal resources of the Company and is not expected to have any material impact on the net tangible assets or earnings per share of the Group for the current financial year ending 31 December 2015.  Full Article

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