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Ocean Sky International Ltd (OCEA.SI)

OCEA.SI on Stock Exchange of Singapore

0.07SGD
23 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Ocean Sky International says unit enters joint venture agreement with Yuan Ching Development
Monday, 17 Jul 2017 08:43am EDT 

July 17 (Reuters) - Ocean Sky International Limited ::Joint venture for development of two sites located at Jervois Road, Singapore.Arctic Sky Investment Pte. Ltd., entered into a joint venture agreement with Yuan Ching Development Pte Ltd.Total purchase consideration for subject sites is S$21 million.Proposed acquisition not expected to have any material impact on EPS of group for current FY ending 31 dec 2017.Pursuant to agreement ASIPL to subscribe for 400,000 ordinary shares at an issue price of S$1.00 each, fully paid, in TSKY Development.  Full Article

Ocean Sky International increases investment in Atlantic Sky Investment
Monday, 3 Jul 2017 09:56am EDT 

July 3 (Reuters) - Ocean Sky International Ltd :Increased investment in its wholly-owned subsidiary, Atlantic Sky Investment Pte Ltd from S$1.00 to S$1 million.  Full Article

Ocean Sky International says unit acquired property in Singapore
Wednesday, 24 May 2017 06:47pm EDT 

May 25 (Reuters) - Ocean Sky International Limited ::Acquisition of property in singapore for redevelopment.Deal for purchase price of S$4.2 million.Acquisition will be funded by internal resources and/or bank borrowings..Acquisition not expected to have any material impact on earnings per share of Co for current financial year ending 31 dec 2017.  Full Article

Ocean Sky International posts quarterly revenue $3.7 million
Monday, 15 May 2017 05:43am EDT 

May 15 (Reuters) - Ocean Sky International Ltd :Qtrly revenue $3.7 million versus $180,000.Qtrly loss $237,000 versus $7,000.  Full Article

Ocean Sky expects to record net loss for Q1 2017
Friday, 5 May 2017 10:21am EDT 

May 5 (Reuters) - Ocean Sky International Ltd ::Group is expected to record a net loss for Q1 2017.Expected results due to lower revenue recognised by ATS for Q1 2017 due to slower than anticipated progress of on-going projects.  Full Article

Ocean Sky International says unit entered into JV agreement
Wednesday, 12 Apr 2017 08:51am EDT 

Ocean Sky International Ltd : Unit entered into a joint venture agreement with C.I.A.C Investment Ltd And Centra Properties Pte. Ltd. . Deal for purpose of jointly developing and/or acquiring, owning and managing a proposed 71 units of shop house development project .JV co shall be incorporated with an issued and paid-up capital of us$300,000 comprising 300,000 shares.  Full Article

Ocean Sky International updates on acquisition, share consolidation
Thursday, 13 Oct 2016 06:57pm EDT 

Ocean Sky International Ltd : Proposed acquisition of remaining 70% of issued and paid-up share capital of ang tong seng brothers enterprises pte ltd . Proposed consolidation of every two (2) ordinary shares into one (1) ordinary share, fractional entitlements to be disregarded .Received listing and quotation notice from sgx-st for listing and quotation of consolidated shares.  Full Article

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