| Latest Forum Topics / The Place Hldg Last:0.003 -- |
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The Place Holdings on its next leg!
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Stocky901
Supreme |
27-Feb-2023 10:10
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Wait for the 10:1 consolidation when it hit 0.010?
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Sgvale
Supreme |
27-Feb-2023 09:27
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Next 0.10. | ||||
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Heerbrugg
Veteran |
27-Feb-2023 09:17
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Hit 0.012
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tchoonw
Master |
27-Feb-2023 09:10
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from 16c all the way to 1c sure they make a lot...how much meat left now?
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Ryuuenji
Elite |
27-Feb-2023 09:04
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Every announcements good or bad, just bring the price lower. Funny isn' t it. Surely there are something troubling in this coy. | ||||
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Stocky901
Supreme |
27-Feb-2023 08:52
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Haha, next time be clearer. .👌 The result indeed quite bad. Losses too huge.,,, 😞
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Volmax
Elite |
27-Feb-2023 00:07
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In December 2020, the Group, via a newly incorporated wholly-owned subsidiary, Sky Vision Management Pte. Ltd. (&ldquo SVM&rdquo ) and two other third-party companies entered into a shareholders&rsquo agreement, pursuant to which a company known as MCC Land (TMK) Pte. Ltd.(" MCC-TMK&rdquo ) was incorporated and jointly owned by SVM, MCC Land (Singapore) Pte. Ltd. (&ldquo MCC-SG&rdquo ) and Ekovest Development (S) Pte. Ltd. in the respective proportions of 20%, 51% and 29%. The principal activity of MCC-TMK is to develop a 99-year lease site at Tanah Merah Kechil Link into a condominium with commercial spaces (&ldquo Sceneca Residences&rdquo ).
For the financial year ended 31 December 2022, the Group recognised a S$232,000 share of loss in MCCTMK.   
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Johnsnow
Elite |
26-Feb-2023 21:54
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Today newspaper Sceneca Residence top in sale in Jan 2023 | ||||
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petson
Master |
26-Feb-2023 19:43
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is sceneca's profit reflected in 2022?
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chiachiawee
Elite |
26-Feb-2023 12:24
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https://www.theplaceholdings.com/affiliation
' The Group&rsquo s Executive Chairman, Mr Ji Zenghe, and CEO, Mr Fan Xianyong, are veterans in the property development and media-related industry and they have established a strong business track record under The Place Investment Group, which is a multi-billion PRC conglomerate known for its extensive business portfolio in cultural tourism, integrated media, property development and management, biomedical technology investments and international trade. Mr Ji is also the Chairman of The Place Investment Group Co., Ltd and Beijng Aozhong Xingye Real Estate Development Co., Ltd (&ldquo Aozhong Xingye&rdquo ). Under the leadership of Mr Ji, Aozhong Xingye developed various property projects, including a property landmark &ldquo The Place&rdquo (世 贸 天 阶 ), located in Beijing CBD area. The Place (世 贸 天 阶 ) is a mixed-use development built in 2006, comprising of 2 top-tier office buildings, high-end retail mall and its iconic skyscreen 世 贸 天 阶 梦 幻 天 幕 , one of Asia' s largest sky screen that is 250m long and 30m wide. Bringing across an unique and innovative experience via combining fashion, relaxation, entertainment and culture, The Place (世 贸 天 阶 ) has since become a renowned landmark in Beijing. Mr Fan is also the Director of The Place Investment Group Co., Ltd., Director and General Manager of Beijng Aozhong Xingye Real Estate Development Co., Ltd and Director of The Place Chuangshi (Beijing) Trading Co., Ltd. Mr Fan has more than 20 years of experience in property development, property management, and media-related industry.' |
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chiachiawee
Elite |
26-Feb-2023 12:15
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The Place Holdings Reports FY2022 Results   Continual Focus and Progress on High-Value,  Strong Cash Generative Business Opportunities Aligned with the Digital Economy The mixed development project, Sceneca Residence, which the Group owns a 20% equity stake, located right next to Tanah Merah MRT interchange, started its sales preview on 1 Jan 2023 and 160 units (about 60%) were sold at an average price of $2,072 psf on the official day of its launch, 14 January 2023 The Group is exploring the divestment of its freehold mixed development project at Tanjong Pagar with several interested parties expressing their interest to purchase and take over the project For the collaboration with Stellar Lifestyle, a business arm of SMRT Corporation Ltd, the Group is undertaking the process of determining the location of Singapore&rsquo s first Skyscreen, a suspended 200 meters long video screen, that aims to be a catalyst for new tourism and retail experiences in Singapore with unique and engaging experiences Singapore, 26 February 2023 &ndash SGX mainboard-listed company, The Place Holdings Limited (&ldquo The Place Holdings&rdquo , the &ldquo Company&rdquo or &ldquo 天 阶 控 股 &rdquo and together with its subsidiaries, the &ldquo Group&rdquo ), has announced its financial results for the full year ended 31 December 2022 (&ldquo FY2022&rdquo ) and key highlights of the financial results of FY2022 can be found here. The Group is backed by the key management team of The Place Investment Group, a multibillion PRC conglomerate that has a strong track record for its extensive business portfolio in tourism, media, property management, biomedical technology investments and international trade. Under the leadership of the Company&rsquo s Executive Chairman, Mr Ji Zenghe (吉 增 和 ) and Executive Director and Chief Executive Officer, Mr Fan Xianyong (樊 献 勇 ), the management team has strategically shaped the Group&rsquo s business model with a new focus on integrating traditional businesses with omni-channel strategies and digital solutions (such as &ldquo new-retail&rdquo solutions, last mile logistics, immersive virtual reality technology, enterprise intelligent connectivity) to harness new growth opportunities in the digital economy. Review of FY2022 For FY2022, the Group&rsquo s revenue registered revenue of S$0.77 million, which was solely contributed by its integrated media-related business unit.  With majority of its liquid assets vested in development properties, the Group aims to focus on high-value, strong cash generative business opportunities aligned with the digital economy. The Place Holdings Limited UEN NO: 200107762R http://www.theplaceholdings.com One of the Group&rsquo s property development projects in Singapore is a new mixed development project, Sceneca Residence, located right next to Tanah Merah MRT interchange. The Group has invested in a 20% equity stake in this property project, which has a site area of 8,880 square metres and can potentially yield 265 condo units and 2,000 square metres of commercial space.    After a two-week preview that started on 1 January 2023, the balloting of units of Sceneca Residence officially started on 14 January 2023 with 160 units (about 60%) sold at an average price of $$2,072 psf on a single day. In Singapore, the Group has another freehold mixed development property located at 15 Enggor Street in the CBD area. With a land size of approximately 11,000 square feet and a plot ratio of approximately 5.6, the property can be built to a maximum height of 35 storeys. As this property is located within the Anson precinct, it is entitled to bonus plot ratios of between 25% and 30% if there is a change of use under the Central Business District (CBD) Incentive Scheme initiated by the Urban Redevelopment Authority of Singapore in 2019. Several interested parties have expressed their interests. The Group has started negotiations and is evaluating on the available options. Due to rising interest rates, the proceeds from the proposed divestment are expected to be lower than the carrying amount of the related net assets and accordingly, an impairment loss of approximately S$5.78 million has been recognised in FY2022 on the classification of this disposal as held for sale.  In relation to this proposed divestment, the Group recognised finance costs of approximately S$3.82 million in FY2022, which S$3.78 million was the corresponding bank loan interest expense that was previously to be capitalised under development properties. Impairment on financial asset pertains to S$1,888,000 impairment recognized on loan to third party. The Group&rsquo s administrative expenses increased 17% to S$4.43 million, as there were more potential projects under consideration and evaluation, which resulted in the increase in professional fees, staff salaries and other related expenses.  Overall, the Group recognised a loss of S$14.35 million in FY2022. Maintaining a prudent financial approach, the Group&rsquo s total equity stood at S$95.03 million while total assets stood at approximately S$247.26 million as at 31 December 2022, of which the key components are cash and cash equivalents of approximately S$6.41 million, assets classified as held for sale of approximately S$181.88 million, development properties of approximately S$24.94 million and trade and other receivables of approximately S$11.93 million. Mr Ji Zenghe (吉 增 和 ), Executive Chairman of The Place Holdings, said, &ldquo As we continue to unlock the value of our property projects, we aim to accelerate the progress of the initiatives within our &ldquo L.I.F.E&rdquo Omni-Channel Ecosystem, particularly on Singapore&rsquo s first Skyscreen, with Stellar Lifestyle.  With Singapore&rsquo s economy and tourism sector rebounding strongly in the endemic phase, we are well-positioned to create new business synergies and develop value-creation across internal and external opportunities that is aligned with the digital economy in Singapore.&rdquo Collaboration with SMRT&rsquo s Business Arm, Stellar Lifestyle, to Develop &ldquo L.I.F.E&rdquo OmniChannel Ecosystem in Singapore To jointly shape the future of digital media and harness new opportunities in the digital economy, the Group has entered into a collaboration with Stellar Lifestyle Pte. Ltd. (&ldquo Stellar Lifestyle&rdquo or &ldquo 胜 德 丽 生 活 时 尚 &rdquo ), a business arm of SMRT Corporation Ltd, for the development of the &ldquo L.I.F.E&rdquo Omni-Channel Ecosystem. Both companies are focusing on the development of the digital platform with technology infrastructure comprising Artificial Intelligence, Big Data, Internet of Things applications, among others, that is integrated within this ecosystem. In addition, The Place Holdings and Stellar Lifestyle are planning Singapore&rsquo s first Sky Screen, a suspended 200 meters long video screen that will be an enhanced version of Beijing&rsquo s iconic spectacle, 世 贸 天 阶 梦 幻 天 幕 (&ldquo The Place Sky Screen&rdquo ). For Singapore&rsquo s first Sky Screen, it is positioned as a high-tech, immersive visual extravaganza and attraction that aims to be a catalyst for new tourism and retail experiences in Singapore with unique and engaging experiences. The Group is in the process of determining the location of Singapore Skyscreen, architectural design for its ecosystem platform and necessary paperwork. A key component of &ldquo L.I.F.E&rdquo omni-channel ecosystem, Singapore&rsquo s first Sky Screen attraction will also serve as a catalyst for SMEs to boost new business vibrancy via new possibilities in digital media solutions and technology innovations. - END  |
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piscesmonkey
Supreme |
26-Feb-2023 10:55
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I means 0.010. See result 😁
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Johnsnow
Elite |
26-Feb-2023 10:31
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Stocky901, why u delete yr msg there is nothing wrong speaking out what u feel? I also got win n loss but in the end of day is whether u learn anything , what is yr mistake. To trade in sgx is not easy this is a place for companies to generate fund. So far I got 2 friend still trading 1 doing buy n sell but not doing so well and another nake short manage to clear his few hundred k debt and now everyday nake short in sgx win money drove mpv, stay condo, go massage n casino n gambling ship, always fly oversea to enjoy. That why do evil thing success faster | ||||
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spursfan
Supreme |
26-Feb-2023 10:14
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FY 2022 results https://links.sgx.com/1.0.0/corporate-announcements/BEZZPI87T5ZJQ867/747848_FY22%20Full%20Year%20Condensed%20FS_final%20-25022023.pdf Press release https://links.sgx.com/1.0.0/corporate-announcements/BEZZPI87T5ZJQ867/747849_TP_FY2022_PR_cln.pdf |
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n3wbie
Elite |
24-Feb-2023 22:07
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Probably good trading stock given the volatility !
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petson
Master |
24-Feb-2023 21:36
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just talk fir fun i guess..2 extreme..one say 10cts one say 1.2, haha.ha..2 extremes
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TraderBen
Supreme |
24-Feb-2023 21:04
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So what is the fuss at this counter? SSH sold shares that are meant to be pledged? | ||||
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Heerbrugg
Veteran |
24-Feb-2023 19:35
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Test 0.012 next week. >.<
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petson
Master |
24-Feb-2023 19:25
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yup ..u r right..not even a pinch of salt...either over negative or over positive...expect to be 10cts by next week? really? like medtecs in 2020 2021, if so i will cry...shd 've bought...lets see mon
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Johnsnow
Elite |
24-Feb-2023 19:24
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Oic I thought he is consider highly respect due to his past posting . When u reach a age the.way we present ourselves very different n see things more positive n grab any chance if we wait n wait might waste the uptrend n when u chase falling knife might be on u | ||||
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