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Last $0.04 SGD
Change Today +0.002 / 5.00%
Volume 7.1M
OELH On Other Exchanges
As of 5:04 AM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

oel holdings ltd (OELH) Snapshot

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Day High
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52 Week High
05/29/14 - $0.08
52 Week Low
03/10/15 - $0.03
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Average Volume 10 Days
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Current Stock Chart for OEL HOLDINGS LTD (OELH)

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oel holdings ltd (OELH) Details

OEL (Holdings) Limited, an investment holding company, provides various engineering, trading, and contracting solutions in Singapore, Indonesia, Thailand, China, other Asia Pacific countries, the United States, and internationally. It is involved in the property management, engineering design and fabrication, and shipbuilding and ship repair activities. The company also engages in the research and development of technology, engineering and manufacturing, and consultancy for biofuel industry. OEL (Holdings) Limited was formerly known as Oakwell Engineering Limited and changed its name to OEL (Holdings) Limited in November 2013. The company was founded in 1984 and is based in Singapore.

Founded in 1984

oel holdings ltd (OELH) Top Compensated Officers

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oel holdings ltd (OELH) Key Developments

OEL (Holdings) Limited Auditor Raises 'Going Concern' Doubt

OEL (Holdings) Limited filed its Annual on Apr 06, 2015 for the period ending Dec 31, 2014. In this report its auditor, Deloitte & Touche LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

OEL (Holdings) Limited Reports Group Earnings Results for the Full Year Ended December 31, 2014

OEL (Holdings) Limited reported group earnings results for the full year ended December 31, 2014. For the year, the company reported revenues were SGD 4,310,000 against SGD 8,902,000 a year ago. Loss before tax was SGD 21,915,000 against SGD 23,430,000 a year ago. Loss attributable to owners of the company was SGD 20,536,000 or 3.07 cents fully diluted loss per share against SGD 22,803,000 or 3.41 cents fully diluted loss per share a year ago. Purchase of property, plant and equipment was SGD 2,131,000 against SGD 3,063,000 a year ago. Net cash used in operating activities was SGD 18,282,000 compared to SGD 22,490,000 a year ago.

OEL (Holdings) Limited Announces Earnings Guidance for the Year Ended December 31, 2014

OEL (Holdings) Limited announced that the Group is expected to record a net loss for the financial year ended December 31, 2014 based on a preliminary review of its unaudited financial performance. The expected net loss in fiscal year 2014 is attributable primarily to legal and professional fees incurred for the arbitration proceedings in relation to the Group's Shipyard operations. In addition, the Group expects to record asset write-downs and legal compensations following the final award in the Consolidated Arbitration ordered by the Arbitral Tribunal.


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