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Pollux Properties Ltd (PLPS.SI)

PLPS.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

Pollux Properties Updates On Termination Of Main Contractor​
Wednesday, 13 Dec 2017 05:29am EST 

Dec 13 (Reuters) - Pollux Properties Ltd ::‍REFERS TO COMPANY'S ANNOUNCEMENT IN RELATION TO TERMINATION OF MAIN CONTRACTOR.​.UPDATE SHAREHOLDERS THAT POLLUX TREASURES HAS MADE A CALL ON PERFORMANCE BOND POLICY FOR AN AMOUNT OF S$1.4 MILLION​.‍POLLUX TREASURES CONTINUES TO PURSUE ALL RELATED COSTS AND CLAIMS ON TERMINATION OF MAIN CONTRACTOR & ENGAGEMENT OF NEW CONTRACTOR​.DELAY OF PROJECT WILL HAVE A MATERIAL IMPACT ON FINANCIAL PERFORMANCE AND POSITION OF GROUP FOR FINANCIAL YEAR ENDING 31 MARCH 2018​.  Full Article

Pollux properties ‍group is expected to record a loss for 1H2018​
Wednesday, 8 Nov 2017 06:31am EST 

Nov 8 (Reuters) - Pollux Properties Ltd :Group is expected to record a loss for 1H2018​.Expected ‍net loss due to decrease in share of profit from a joint venture company​.  Full Article

Pollux Properties says unit served notice of termination on Wei Kiat Construction
Friday, 15 Sep 2017 07:03am EDT 

Sept 15 (Reuters) - Pollux Properties Ltd ::Unit served notice of termination on Wei Kiat Construction on grounds of insolvency and repudiation of pavilion square contract.Delay of project will have material impact on financial performance and position of group for FY ending 31 March 2018.  Full Article

Pollux Properties announces proposed acquisition of property investment group
Monday, 7 Aug 2017 11:18pm EDT 

Aug 8 (Reuters) - Pollux Properties Ltd:Proposed Acquisition Of property investment group.Announces proposed acquisition of property investment group.Consideration for proposed acquisition is s$200.9 million.refers to announcement wherein it announced it entered deal with pollux holdings with aim of acquiring pai properties.  Full Article

Pollux Properties enters into non-binding term sheet with Pollux Holdings
Sunday, 30 Jul 2017 11:18pm EDT 

July 31 (Reuters) - Pollux Properties Ltd :Enters into non-binding term sheet with Pollux Holdings with aim of acquiring Pai Properties by acquiring 100% of share capital of Pollux Alpha Investments.  Full Article

Pollux Properties says FY net profit S$2.6 mln
Wednesday, 24 May 2017 06:52am EDT 

May 24 (Reuters) - Pollux Properties Ltd ::No dividend has been declared or recommended for financial year ended 31 March 2017.Fy revenue S$29.9 million versus S$48.3 million.FY profit for the year S$2.6 million versus S$1.7 million.  Full Article

BRIEF-Pollux Properties Updates On Termination Of Main Contractor​

* ‍REFERS TO COMPANY'S ANNOUNCEMENT IN RELATION TO TERMINATION OF MAIN CONTRACTOR.​

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