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A big drop today. Any news behind?
SEE HUP SENG RECORDS PROFIT OF S$5.2M IN FY2012
It breakout. Did you invest it? I saw another thread by whereru. Cheers!smallcap_king ( Date: 01-Nov-2012 23:30) Posted:
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See Hup Seng Limited (“See Hup Seng”) is a leading provider of corrosion prevention services to the marine, oil and gas, construction and infrastructure industries in Singapore. The Group also has a wholly-owned subsidiary, TAT Petroleum Pte Ltd (" TAT Petroleum" ) which is a strategic value-added distributor that offers comprehensive supply chain management of refined petroleum products in Asia Pacific and as a strategic distributor of ExxonMobil in the Asia Pacific region, TAT Petroleum offers value-added solutions in supply chain management to its major supplier and customers. TAT Petroleum is also one of few distributors of ExxonMobil in the world that has an approved clean-room facility for packaging medicine white oil.
Headquartered in Singapore, TAT Petroleum also has offices in Hong Kong, China (Guangzhou), South Korea, Vietnam and Indonesia to serve its wide network of customers from diverse sectors such as vehicular, agriculture, coating, pharmaceutical, plastic and electronics industries.
Other news: See Hup Seng Forms Joint Venture to Build S$27 Million Integrated Chemical Hub in Singapore
And other stream of income in evergreen property singapore markets: project by consortium See Hup Seng, Ho Lee Group, CNH Investment and Evia Real Estate Management.
Hougang's Heron Bay EC is 90% sold, with a penthouse hitting a record price of $1.774m
 Heron Bay - a brand new executive condo in Hougang - has seen solid sales (as we've predicted), 90 per cent its units have been sold. During its application phase, this 394-unit EC was actually four times oversubscribed. The average selling price was a nice $725psf. But even more interesting was the record price set by the penthouse - $1.774m! Beating the record set recently by One Canberra. Servicing a $1.774m unit with an income ceiling of $12,000, those buyers must have found a map to buried treasure!
Experts have already warned buyers not to over-extend themselves. When the interest rates go up, expect to pay quite a fair bit more for that mortgage, especially since buyers have to hold on to the EC for a good five years.
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See Hup Seng Limited (“See Hup Seng”) is a leading provider of corrosion prevention services to the marine, oil and gas, construction and infrastructure industries in Singapore. The Group also has a wholly-owned subsidiary, TAT Petroleum Pte Ltd (" TAT Petroleum" ) which is a strategic value-added distributor that offers comprehensive supply chain management of refined petroleum products in Asia Pacific and as a strategic distributor of ExxonMobil in the Asia Pacific region, TAT Petroleum offers value-added solutions in supply chain management to its major supplier and customers. TAT Petroleum is also one of few distributors of ExxonMobil in the world that has an approved clean-room facility for packaging medicine white oil.
Headquartered in Singapore, TAT Petroleum also has offices in Hong Kong, China (Guangzhou), South Korea, Vietnam and Indonesia to serve its wide network of customers from diverse sectors such as vehicular, agriculture, coating, pharmaceutical, plastic and electronics industries.
Other news: See Hup Seng Forms Joint Venture to Build S$27 Million Integrated Chemical Hub in Singapore
And other stream of income in evergreen property singapore markets: project by consortium See Hup Seng, Ho Lee Group, CNH Investment and Evia Real Estate Management.
Hougang's Heron Bay EC is 90% sold, with a penthouse hitting a record price of $1.774m
Heron Bay - a brand new executive condo in Hougang - has seen solid sales (as we've predicted), 90 per cent its units have been sold. During its application phase, this 394-unit EC was actually four times oversubscribed. The average selling price was a nice $725psf. But even more interesting was the record price set by the penthouse - $1.774m! Beating the record set recently by One Canberra. Servicing a $1.774m unit with an income ceiling of $12,000, those buyers must have found a map to buried treasure!
Experts have already warned buyers not to over-extend themselves. When the interest rates go up, expect to pay quite a fair bit more for that mortgage, especially since buyers have to hold on to the EC for a good five years.
Published October 30, 2012
Heron Bay penthouse sold for record $1.774m
It surpasses last week's transaction for most expensive EC to date
A big draw: Due to be completed in 2016, Heron Bay set a record for the number of applications it received relative to subscription rates for an EC over the past few years. There were 1,664 applications for its 394 units - PHOTO: HERON BAY
A NEW record price of $1.774 million has been set for a five-bedroom penthouse unit in the recently launched Heron Bay executive condominium (EC), surpassing last week's transaction for the most expensive EC to date.
Last week, a double-storey penthouse at 1 Canberra in Yishun was sold for $1.61 million, setting a record for EC transactions.
To be sure, the higher prices are largely due to the size of some of these new ECs, analysts said.
The price for the Heron Bay penthouse unit, which stands at 2,845 sq ft, was $624 per square foot (psf). The unit price for the 2,716-sq-ft 1 Canberra unit was $595 psf.
Luxury features make Heron Bay a big draw
Zeinab Yusuf Saiwalla
The Business Times
Tuesday, Sep 25, 2012
SINGAPORE - Heron Bay executive condominium (EC) in Upper Serangoon View, one of the more lavish EC projects, drew 1,664 applications for its 394 units after the one-week e-application closed on Sunday.
This translates to approximately 4.2 applicants for each unit, the highest subscription rate for an EC over the past few years.
According to Vincent Ong, managing partner of Evia, a partner in the development consortium, the project's luxury features on an EC budget is what makes it so appealing.
Units are priced between $715 and $720 per square foot on average.
The smallest unit, at about 775 sq ft, is expected to cost around $560,000, while the five-bedroom penthouse has an area of 2,841 sq ft and is expected to cost between $1.5 million and $1.6 million.
The five-room penthouse units are a first for an EC development.
Applicants for the units range from young couples to multi-generational families interested in the bigger penthouse units.
Some ground floor units can opt to have a jacuzzi pool of up to six metres in length or a garden pond.
European household appliances, free fibre broadband service for a year, a basement carpark and a swimming pool with hydroactivated water that is said to have health benefits, are among the other features offered.
A sea sports recreational centre with kayaks and tandem bikes will also be available.
The project is sandwiched between Serangoon River and Punggol Park.
The EC is being developed by a consortium comprising Ho Lee Group, See Hup Seng, CNH Investment and Evia Real Estate Management. Construction is due to be completed some time in 2016.
Balloting will be conducted in about two weeks and successful applicants will be able to book their units from Oct 26.
Our Markets
The Group serves a regional customer base through our Corrosion Prevention and Refined Petroleum Distribution business segments.
This counter looks good and its at its low px right now.
See Hup Seng Limited (“See Hup Seng”) is a leading provider of corrosion prevention services to the marine, oil and gas, construction and infrastructure industries in Singapore. The Group also has a wholly-owned subsidiary, TAT Petroleum Pte Ltd (" TAT Petroleum" ) which is a strategic value-added distributor that offers comprehensive supply chain management of refined petroleum products in Asia Pacific.
As a strategic distributor of ExxonMobil in the Asia Pacific region, TAT Petroleum offers value-added solutions in supply chain management to its major supplier and customers. Its comprehensive services range from blending and packaging of refined petroleum products into pails, drums or intermediate bulk containers bearing the ExxonMobil brand, to storage and distribution of these products to designated locations. TAT Petroleum is also one of few distributors of ExxonMobil in the world that has an approved clean-room facility for packaging medicine white oil.
Headquartered in Singapore, TAT Petroleum also has offices in Hong Kong, China (Guangzhou), South Korea, Vietnam and Indonesia to serve its wide network of customers from diverse sectors such as vehicular, agriculture, coating, pharmaceutical, plastic and electronics industries.
heron bay crowd is exploding with potential buyers !
dont give up on this counter. it will surprise you if it starts to talk about listing of tat petroleum.......
and of course, the good sale of heron bay !
halted today pending announcement...
good news?
News Release
Page 1 of 3
SEE HUP SENG LIMITED
MEDIA AND INVESTOR RELATIONS CONTACT
Octant Consul t ing
| phone (65) 6296 3583
Herman Phua
Lisa Heng
| mobile 9664 7582 | email herman@octant.com.sg| mobile 9090 9887 | email lisa@octant.com.sg
See Hup Seng Forms Joint Venture to Build S$27 Million Integrated
Chemical Hub in Singapore
Scales up the Group’s business in the refined petroleum industry
blending and logistics services
Extends its existing business beyond distribution of refined petroleum products to value-added
Adds new source of revenue and earnings in future
This babe halts today. Any news?
What cause the Big movement for the last few days?
run out of petrol or taking a break??!!!
This babe has been sleeping for long long time. Maybe time to wake up. Ha ha!
We refer to the queries from the Singapore Exchange Securities Trading Limited (the “SGX”) regarding the substantial increase in the price and volume of our shares today.
SGX Question 1:
Are you aware of any information not previously announced concerning you (the issuer), your subsidiaries or associated companies which, if known, might explain the trading?
Reply:
The Board of Directors of the Company is not aware of any information not previously announced concerning the Company, its subsidiaries or associated companies, which if known, may explain the trading.
SGX Question 2:
Are you aware of any other possible explanation for the trading?
Reply:
The Board of Directors of the Company is not aware of any reasons for the increase in the share price and volume of the Company’s shares on the SGX.
SGX Question 3:
Can you confirm your compliance with the listing rules and, in particular, listing rule 703?
Reply:
The Board of Directors of the Company confirms that the Company is in compliance with the listing rules, in particular, listing rule 703.
By Order of the Board,
Thomas Lim Siok Kwee
Executive Chairman and
Chief Executive Officer
Date: 11 January 2012
BBs buying in....
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