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Hisaka major business seems to be related to semi-com sector....
Medical equip deal contract is good fr them...... but better contract than $7 million will be best. Anyway is a good start.
HISAKA to Supply S$7.0 million Worth of Medical Equipment
Singapore, 29 July 2009 – Hisaka Holdings Ltd. (“HISAKA” or the “Group”), a
leading total automation solutions provider specialising in mechanical motion
products, is pleased to announce that the Group’s wholly owned subsidiary, Hisaka
(Singapore) Pte Ltd has been awarded a contract worth S$7.0 million to supply and
deliver medical equipment (the “Contract”) to a customer in Singapore.
The contract has been put into effect since 24 June 2009 and will last for a period of
three years till 23 June 2012. The contract will have a positive impact on the
Group’s financials over the financial years ending September 30, 2009, 2010 and
2011.
Commenting on the Group’s latest contract, CEO of HISAKA, Mr Jackie Cheng said,
“This contract to provide medical equipment has paved our first inroad into the
medical industry. Such a move is in line with our strategy to diversify into other
industries so as to reduce our dependency and exposure to cyclical downturns of
our current industry.”
He also added, “Securing this contract was made possible as a result of our
persevering efforts made towards the medical industry, as well as, continual support
from our customers and suppliers. This success will spur us on to pursue more
businesses in our current industry and simultaneously, continue to explore various
opportunities in other industries.”
Singapore, 29 July 2009 – Hisaka Holdings Ltd. (“HISAKA” or the “Group”), a
leading total automation solutions provider specialising in mechanical motion
products, is pleased to announce that the Group’s wholly owned subsidiary, Hisaka
(Singapore) Pte Ltd has been awarded a contract worth S$7.0 million to supply and
deliver medical equipment (the “Contract”) to a customer in Singapore.
The contract has been put into effect since 24 June 2009 and will last for a period of
three years till 23 June 2012. The contract will have a positive impact on the
Group’s financials over the financial years ending September 30, 2009, 2010 and
2011.
Commenting on the Group’s latest contract, CEO of HISAKA, Mr Jackie Cheng said,
“This contract to provide medical equipment has paved our first inroad into the
medical industry. Such a move is in line with our strategy to diversify into other
industries so as to reduce our dependency and exposure to cyclical downturns of
our current industry.”
He also added, “Securing this contract was made possible as a result of our
persevering efforts made towards the medical industry, as well as, continual support
from our customers and suppliers. This success will spur us on to pursue more
businesses in our current industry and simultaneously, continue to explore various
opportunities in other industries.”
Big movement today. Watch out.
but still remain at 220cents - 230cents only.
HISAKA Achieves 34.6% Increase in Net Profit in HY2008
•
HY2008 Revenue increased by 34.2%•
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_E39F35FE16E8E8FB4825745800382A9B/$file/Hisaka_Press_Release.pdf?openelementProfit After Income Tax increased by 34.6%
Dear All,
When this share 1st day listing on 7th May 2008, the IPO price is S$0.23. This is a precision company, am I right, correct me if I am wrong ?
I saw 2 substantial share placement take up : 1)Mr.Chong 11 million (above 5%), 2) Ms. Tan 2000 lots (1%). Now the price is submarine S$0.21.
I want to ask a question, can substantial share holders like above mentioned 1) and 2), can they dispose their share on the very 1st day or any rules stated they need to hold for a period ? Thanks.