henn364Henn Tan, Chairman Emeritus, Trek 2000. NextInsight file photoTrek 2000: "As the founder and major stakeholder, Mr Tan has brought the Group to where it was prior to his voluntary stepping down in early 2018.

"In the best interests of the Group’s long-term profitability and sustainability, the Board has written to the SGX on the re-appointment of Mr Henn Tan. Today, Trek is undergoing restructuring under a new management team and Mr Tan’s active involvement will help to ensure that this will be carried out successfully."

-- Page 2, Trek 2000 Annual Report FY2018.



Tanamoto4 8.2016Michio Tanamoto, executive chairman, Uni-Asia. NextInsight file photo.Uni-Asia Group: The Board intends to recommend and distribute dividends of not less than 35% and 40% of the Group’s consolidated net profit after tax (excluding non-recurring, one-off and exceptional items) of the financial years ending 31 December 2019 and 2020, respectively.

Such dividends are expected to be paid on a semi-annually basis, with effect from the second quarter of the financial year ending 31 December 2019.



Federal International (2000):  The integrated service provider and procurement specialist in the oil and gas, energy, utilities and infrastructure industries, inked a US$6.0 million procurement service agreement with Xtreme Subsea Solutions Sdn. Bhd. based in Malaysia and its wholly owned subsidiary, Xtreme Solutions (Labuan) Incorporated.

KKKoh6 5.10.2016KK Koh, executive chairman of Federal International. NextInsight file photoThe procurement service agreement will run for a period of 6 months starting from April 2019, with a potential additional variation order value of approximately US$2.0 million.

Federal is supporting Xtreme Subsea as its procurement specialist for plugging and abandonment of three subsea oil wells at the Dai Hung field in Block 05-1A in offshore Vietnam. The field spans 260 kilometres wide with water depths up to 110 metres. The field utilizes a Floating Production Unit which is connected to twelve subsea wells and the crude oil is offloaded to a Floating, Storage and Offloading Vessel.



Share Prices

Counter NameLastChange
AEM Holdings2.820-0.120
Avi-Tech Electronics0.2750.015
Best World2.2700.030
Broadway Ind0.089-
China Sunsine0.460-0.010
DISA0.003-
Food Empire0.8850.005
Fortress Minerals0.395-0.055
Geo Energy Res0.3000.005
Golden Energy0.9500.010
GSS Energy0.037-0.005
InnoTek0.480-
ISDN Holdings0.455-0.015
ISOTeam0.0940.009
IX Biopharma0.077-0.006
Jiutian Chemical0.070-
KSH Holdings0.335-
Leader Env0.068-
Medtecs Intl0.1110.007
Meta Health0.022-0.001
Nordic Group0.455-
Oxley Holdings0.141-
REX International0.125-0.012
Riverstone0.5800.050
Sinostar PEC0.160-0.028
Southern Alliance Mining0.595-0.015
Straco Corp.0.450-0.005
Sunpower Group0.3650.005
The Trendlines0.090-0.001
Totm Technologies0.082-0.002
UG Healthcare0.1600.003
Uni-Asia Group1.0200.030
Wilmar Intl4.0900.010
Yangzijiang Shipbldg1.1900.010

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 277 guests and no members online