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Last $0.0020 SGD
Change Today 0.00 / 0.00%
Volume 0.0
As of 12:03 AM 09/23/15 All times are local (Market data is delayed by at least 15 minutes).

annica holdings ltd (AHL) Snapshot

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52 Week High
10/16/14 - $0.01
52 Week Low
06/22/15 - $0.0020
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annica holdings ltd (AHL) Details

Annica Holdings Limited, an investment holding company, operates as an engineering, procurement, and construction contractor for biomass power plants. The company operates through Engineering Services, Oil and Gas Equipment, Biomass Projects, and Investments and Others segments. It also trades oilfield parts and equipment, and related products. In addition, the company is involved in designing industrial plant engineering services systems, as well as operates as a general wholesaler and trader. It has operations in Singapore, Malaysia, Indonesia, Thailand, Vietnam, Brunei, Myanmar, the People’s Republic of China, and internationally. The company was formerly known as Oculus Limited. Annica Holdings Limited was incorporated in 1983 and is based in Singapore.

Founded in 1983

annica holdings ltd (AHL) Top Compensated Officers

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annica holdings ltd (AHL) Key Developments

Samsung and Oculus Introduce the First Consumer Version of Gear VR

Samsung Electronics Co. Ltd. and Oculus announce that its first Gear VR device aimed to consumers, extending its leadership in the wearables category. The latest edition of the Gear VR is compatible with even more smartphones, including the Galaxy Note 5, Galaxy S6 edge+, S6 and S6 edge, leveraging each device’s super AMOLED display to provide the color, clarity and performance needed for an amazing virtual reality experience. The Samsung Gear VR is 22% lighter than previous Gear VR Innovator Edition, and includes new foam cushioning to make the device more comfortable to wear. In addition, the Gear VR’s touchpad has been improved, providing greater control while enjoying the robust selection of film, gaming, 360 degree video and experiential content available for Gear VR. The Samsung Gear VR will be available in Frost White for USD 99 starting this fall.

Annica Holdings Limited Proposes Change of Auditors

The Board of Directors of Annica Holdings Limited announced the company's intention to change its auditors from RT LLP to Baker Tilly TFW LLP. In this regard and at the request of the company, RT gave notice of their resignation as the company's auditors on 15 September 2015. The company has on 16 September 2015 received Baker Tilly TFW's written consent to be appointed as the auditors of the company. The resignation of RT will take effect upon the appointment of Baker Tilly TFW as the company's auditors, which is subject to obtaining the consent of The Accounting and Corporate Regulatory Authority of Singapore to RT's resignation as the auditors of the company and the approval of the shareholders of the company at an extraordinary general meeting to be convened.

Annica Holdings Limited Reports Unaudited Consolidated Financial Results for the Six Months Ended June 30, 2015

Annica Holdings Limited reported unaudited consolidated financial results for the six months ended June 30, 2015. Revenue was $12,324,000 compared to $16,616,000 a year ago. Loss before income tax was $5,335,000 compared to $904,000 a year ago. Net loss attributable to equity holders of the company was $3,348,000 or 0.26 cents per diluted share compared to $1,107,000 or 0.08 cents per diluted share a year ago. Net cash used in operating activities was $2,891,000 compared to net cash from operating activities of $1,290,000 a year ago. Net asset value per ordinary share for the group was 0.52 cents and for the company was 0.29 cents at June 30, 2015. The net loss arose mainly from decreases in revenue and gross profit and increase in other expenses arising from allowance for doubtful trade and non-trade debts and foreseeable loss from construction contracts.


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