Edition:
United States

Best World International Ltd (BEST.SI)

BEST.SI on Stock Exchange of Singapore

1.35SGD
22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Best World International ‍clarifies media article
Friday, 8 Sep 2017 04:34am EDT 

Sept 8 (Reuters) - Best World International Ltd ::‍Refers to Business Times article titled "Best World won't be affected by China crackdown: COO"​.Achieved profit attributable of S$21.7 million for 1H2017.News article stated "company is on track to hit analyst targets of S$41 million to S$44 million of net profit for 2017".Company confirms on track to meet analyst targets.  Full Article

Best World International clarifies on news article published by Bloomberg
Tuesday, 15 Aug 2017 05:13am EDT 

Aug 15 (Reuters) - Best World International Ltd :Refers to news article published by Bloomberg on 15 August 2017.Although co hold a direct selling licence, it has not converted business in china to direct selling yet.SAIC statement has little or no impact to China business..All current preparations for conversion to direct selling are in line with above SAIC statement.Article reported on market concerns of a crackdown by regulators on market practices of certain direct selling companies.Is fully compliant with rules and regulations of business operations under china's laws..  Full Article

Best World International posts net profit of S$21.7 mln
Monday, 7 Aug 2017 05:30am EDT 

Aug 7 (Reuters) - Best World International Ltd :Net profit attributable to owners of parent company of S$21.7 million for HY ended June 30.Revenue for 1H2017 increased 15.2 pct to S$100.0 million.Proposes interim dividend of 1.5 cents per share.Revises dividend policy for FY2017 to FY2019, increased from 30 pct to 40 pct payout ratio.  Full Article

Singapore Exchange issues query regarding trading activity on Best World International
Monday, 18 Jul 2016 04:08am EDT 

Singapore Exchange: Query regarding trading activity) . Singapore exchange - issues query regarding trading activity on Best World International Ltd Full Article

Best World Int'l says unit enters into JV agreement with Prolife Biobank
Wednesday, 13 Jul 2016 06:05am EDT 

Best World International Ltd : Proposed joint venture and proposed subscription of shares) . Says Celcott Investments Pte. Ltd. has entered into a joint venture agreement with Prolife Biobank Pte. Ltd . Says consideration payable by jv company to jv partner for business transfer will be s$2.3 million . Agreement relating to the proposed joint venture between CIPL and the jv partner to invest in the jv company .  Full Article

Best World International awarded China direct selling licence
Friday, 1 Jul 2016 10:15am EDT 

Best World International Ltd : Press announcement - Best World awarded China direct selling licence) Full Article

Best World International says Best World (Zhejiang) Pharmaceutical granted PRC Direct Selling Licence
Thursday, 30 Jun 2016 09:58pm EDT 

Best World International Ltd : Grant of direct selling licence to Best World Zhejiang) Pharmaceutical Co., Ltd.) . Grant of the prc direct selling licence is not expected to have any material effect on earnings per share for the financial year ending 31 December 2016 .  Full Article

Singapore exchange issues query regarding trading activity on Best World
Friday, 3 Jun 2016 04:30am EDT 

Best World International Ltd : Query regarding trading activity) . Singapore exchange issues query regarding trading activity on Best World International Ltd Full Article

Best World International says unit entered into agreement with Am Automotive Services
Wednesday, 11 May 2016 08:50am EDT 

Best World International Ltd : Proposed acquisition of factory facility) . Says consideration for the proposed acquisition is s$10 million . Unit entered into sale and purchase agreement with Am Automotive Services pte. ltd . Agreement in respect of purchase of a property located at tuas basin link .  Full Article

Best World International Ltd announces establishment of JV Company in Dubai
Wednesday, 6 Jan 2016 04:00am EST 

Best World International Ltd:Says establishment of a joint venture company in Dubai, the United Arab Emirates.Says BWLGT was incorporated with a paid up capital of AED200,000.Says establishment of BWLGT is funded by internal sources.Establishment of BWLGT not expected to have any financial impact on co for the financial year ending 31 December 2016.  Full Article

BRIEF-Best World International ‍clarifies media article

* ‍Refers to Business Times article titled "Best World won't be affected by China crackdown: COO"​