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Libra Group Ltd (LIGL.SI)

LIGL.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

Libra Group says arbitration proceedings against Kin Xin Engineering withdrawn
Tuesday, 13 Jun 2017 05:52am EDT 

June 13 (Reuters) - Libra Group Ltd ::Update on arbitration proceedings between sub-contractor and Kin Xin Engineering Pte Ltd.Company has been informed that arbitration proceedings against Kin Xin have been withdrawn on 9 June 2017.Accordingly, arbitration proceedings have been discontinued.Co does not expect financial impact, if any, arising from discontinuation of arbitration proceedings for FY ending 31 DEC.  Full Article

Libra Group Ltd secures new contracts
Tuesday, 21 Mar 2017 08:25am EDT 

Libra Group Limited : Aggregate value under contracts is approximately S$22.4 million . Sub-contract awarded to its unit for works in relation to supply and construct of air-conditioning and mechanical ventilation .Contracts are expected to have positive impact on consolidated earnings per share for group for financial year ending 31 Dec 2017.  Full Article

Libra Group says sub-contractor had commenced arbitration proceedings against Kin Xin Engineering
Monday, 6 Mar 2017 04:07am EST 

Libra Group Ltd - : Sub-Contractor had commenced arbitration proceedings against company's wholly- owned subsidiary, kin xin engineering . Was informed by Kin Xin's legal advisors on 2 March 2017 that Kin Xin has been formally served with claimant's statement of case . Financial impact, if any, arising from claimant's allegations cannot yet be determined. . Claimant is seeking, inter alia, damages of approximately S$5.7 million . Dispute is in relation to alleged breaches by Kin Xin in a sub-sub contract agreement entered into with claimant .Kin xin is of view that claimant's allegations are baseless and without merit.  Full Article

Libra Group Limited updates on the proposed appointment of a new Executive Chairman
Thursday, 16 Feb 2017 06:52am EST 

Libra Group Limited : Pdf 1: Libra Group Limited (Update On The Proposed Appointment Of A New Executive Chairman) .Decided not to proceed with proposed appointment of new Executive Chairman to board.  Full Article

Libra Group expects to report decline in earnings for FY ended Dec 31,2016
Wednesday, 8 Feb 2017 06:27am EST 

Libra Group Ltd : Group is expected to report a decline in earnings for its full year financial results ended 31 December 2016 .Expected results due to lower operating margins.  Full Article

Libra Group Ltd announces cessation of executive director and chief financial officer
Wednesday, 23 Sep 2015 06:20am EDT 

Libra Group Ltd:Says Chua Siong Kiat, Alex the CFO has resigned to pursue other career opportunities.  Full Article

Libra says co through unit been awarded a sub-contract by Deenn Engineering Pte. Ltd.
Monday, 31 Aug 2015 09:39pm EDT 

Libra Group Ltd:Says been awarded a sub-contract by Deenn Engineering Pte. Ltd.Deal worth s$9 million.Says sub-contract for supply and installation of air-conditioning and mechanical ventilation works.Says works under the selarang sub-contract are scheduled to be completed by October 2016.Says to supply works for proposed construction of multi-storey vehicle storage and support facilities at selarang.Says aggregate value under the abovementioned contracts is approximately s$14.4 million.Contracts expected to have a positive impact on the consolidated EPS and/or nta per share for financial year ending 31 December 2015.  Full Article

Libra Group Ltd proposed interim dividend
Friday, 14 Aug 2015 12:37am EDT 

Libra Group Ltd:Proposed Interim Dividend of 0.50 Singapore cents.Date payable and Books closure date To be announced at a later date.  Full Article