Why use old thread? . 😴
Sgvale ( Date: 26-Feb-2026 15:51) Posted:
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Still at 81?
ENTRY INTO A JOINT VENTURE AGREEMENT WITH PACIFICLIGHT POWER PTE LTD AND PT
MEDCO POWER INDONESIA--
The Board of Directors (the ?Board?) of Gallant Venture Ltd. (the ?Company? and together with its
subsidiaries, the ?Group?) wishes to announce that the Company had on 25 October 2021, entered
into a joint venture agreement (?the Joint Venture Agreement?) with Pacificlight Power Pte Ltd
(?Pacificlight?), a company related to Salim Group 1 and PT Medco Power Indonesia (?Medco?)
(?Joint Venture?). The consortium plans to develop, manage, finance, build, engineer, procure,
construct, commission, operate and maintain a Solar PV plant at Pulau Bulan, Indonesia and connect
to the Singapore Power Grid network at Pacificlight?s existing site at Jurong Island to supply renewable
energy to Singapore. The Joint Venture has been granted a 100MW conditional Import Licence by the
Energy Market Authority (?EMA?) of the Republic of Singapore....
https://links.sgx.com/1.0.0/corporate-announcements/KYMSX6IHTEUU7ZFT/687962_GV_JDA_Solar%20Project.pdf
This been sleeping for so long......zzzzzzzzzzzz
Gallant Venture files notice of three straight years of losses
 
MAINBOARD-LISTED Gallant Venture on Thursday morning gave notice of recording three consecutive years of pre-tax losses, based on its audited full-year consolidated accounts.
 
Gallant Venture, a developer, master planner and manager for industrial parks and resorts in Batam and Bintan, said its six-month average daily market capitalisation as at April 14 was S$709.8 million. This means it still meets the financial entry criteria to avoid being placed on the Singapore Exchange' s (SGX) watch list.
 
Firms are placed on the SGX watch list if they record losses for the three latest consecutive financial years and have an average daily market cap of under S$40 million over the last six months.
 
For the full year ended Dec 31, 2020, the group' s net loss from continuing business operations widened to S$59.1 million, from S$52.4 million the year before. This brings its loss per share (LPS) for FY2020 to 1.089 Singapore cents, from a restated FY2019 LPS of 0.981 cent, on a continuing operations basis.
 
The group' s loss was largely confined to its resort segment - which was impacted by the Covid-19 outbreak and results from discontinued operations. Excluding the share of associated company' s Indomobil Sukses Internasional' s post-dilution results of S$20.6 million loss, Gallant Venture would have reported a net loss of S$38.5 million, it said.
 
No dividend was declared for the financial year.
 
The group has been lossmaking since FY2017. Last year, it also issued a notice that it had recorded pre-tax losses for three consecutive years. Its six-month average daily market capitalisation at the time was S$624.1 million as at April 14, 2020.
https://www.timeout.com/singapore/news/singapore-in-talks-to-open-a-travel-corridor-to-batam-and-bintan-032221
Happy Lunar New Year to everyone here..
May Niu year brings good health not forgetting
HUAT all the way to the banks..😁
Hold it there son. Gonna upz lorry soon. Dont say bojio
everyday matching 118...like kinda rig
Lousy closing....
business in Indo one by one die flat flat
Slow and steady here...
Great stuff 15M profit against 45M Loss
rabbitfoot ( Date: 01-Nov-2018 08:38) Posted:
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Indomobil Sukses just released result, Looks very Good...
Net profit of 159,180,822,599  agasinst    (485,075,157,591) INCOME (LOSS) FOR THE PERIOD 9 MNTHS 2018 vs 2017
Net profit of 159,180,822,599  agasinst    (485,075,157,591) INCOME (LOSS) FOR THE PERIOD 9 MNTHS 2018 vs 2017
Salim Group chairman Anthony Salim said that he is confident the consortium will be able to revitalise Hyflux, and sees potential for " synergy" between Hyflux and the consortium' s existing businesses.
" We are taking a long-term approach with our investment to steer the group towards a path of sustainable growth," he said.
Many projects can happen through JV between Indonesia/ Singapore on the investment MOU sign recently.
blissbao ( Date: 19-Oct-2018 11:39) Posted:
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Salim pump $530 million into Hyflux....
What" s the link with Bintang Island..??..All we know is one investor pump $200 million to build 6 blocks of condo on the island. This may stir some demand for power and infarstructure works which will boost this counter.
Today' s move up is impressive .
What" s the link with Bintang Island..??..All we know is one investor pump $200 million to build 6 blocks of condo on the island. This may stir some demand for power and infarstructure works which will boost this counter.
Today' s move up is impressive .
johnng ( Date: 27-Jul-2018 10:02) Posted:
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I saw lower price is 9.1 cts and then just accumate some lots. My hand kept average 10 cts with 200 lots.
Huat lah......
Huat lah......
Lucas4 ( Date: 07-Sep-2018 17:10) Posted:
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Bought average 200 lots of 10 cts.
Now, up to 12.5 cts, huat lah......
Next week can faster vent .........
Now, up to 12.5 cts, huat lah......
Next week can faster vent .........
what happen today? closing short covering
show some fireworks la...so dead gallant...