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Last $0.12 SGD
Change Today +0.002 / 1.74%
Volume 1.3M
As of 4:59 AM 10/2/15 All times are local (Market data is delayed by at least 15 minutes).

oriental group ltd (ORG) Snapshot

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10/14/14 - $0.12
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04/8/15 - $0.03
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oriental group ltd (ORG) Details

Oriental Group Ltd., together with its subsidiaries, engages in the manufacture, procurement, and supply of metal products for use in industrial and construction industries in the People’s Republic of China and the Southeast Asia region. It offers carbon steel products, such as flat and angle bars, U-channel bars, tongued and grooved steel products, T- and H-shaped bars, and bulb flat and tracked steel products; and stainless steel products, including flanges, pipe fittings, round bars, and seamless pipes, as well as related value-added services. The company was incorporated in 2004 and is headquartered in Singapore.

Founded in 2004

oriental group ltd (ORG) Top Compensated Officers

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Executives, Board Directors

oriental group ltd (ORG) Key Developments

Oriental Group Ltd. Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

Oriental Group Ltd. announced unaudited consolidated earnings results for the six months ended June 30, 2015. For the six months, the company reported revenue of RMB 77,470,000, loss before tax of RMB 18,511,000 and loss attributable to owners of the parent was RMB 18,584,000 or 4.79 cents per basic and diluted share against revenue of RMB 251,596,000, profit before tax of RMB 6,900,000 and profit attributable to owners of the parent of RMB 3,208,000 or 0.83 cents per basic and diluted share for the same period a year ago. Net cash used in operating activities was RMB 17,308,000 against RMB 54,315,000 a year ago. Purchases of items of property, plant and equipment was RMB 2,673,000 against RMB 4,353,000 a year ago. Purchase of intangible asset was RMB 152,000. Net asset value per ordinary share was 36.44 cents against 41.08 cents as at December 31, 2014.

Oriental Group Ltd. Provides Consolidation Earnings Guidance for the Half Year Ended June 30, 2015

Oriental Group Ltd. provided consolidation earnings guidance for the half year ended June 30, 2015. The group is expected to report a net loss for the half year ended 30 June 2015. The loss is mainly attributable to lower revenues and profit margin in full year 2015 which is largely due to lower average selling prices and decrease in sales volume for steel bar in the People's Republic of China as a result of weaker market demand; and halt of XHRC steel billet production and sales due to construction of XHRC Phase II plant extension.

Oriental Group Ltd., Annual General Meeting, Apr 30, 2015

Oriental Group Ltd., Annual General Meeting, Apr 30, 2015., at 14:30 Singapore Standard Time. Location: 10 Upper Aljunied Link, #04-09. Agenda: To receive and adopt the audited accounts for the financial year ended 31 December 2014 together with the Directors' report and independent auditors' report thereon; to re-elect Wu Dingrong, Ong Wee Chuan and Tan Song Kwang as Directors; to approve the payment of Directors' Fees of SGD 230,000 for the financial year ended 31 December 2014; to approve the payment of Directors' Fees up to SGD 230,000 for the financial year ending 31 December 2015 to be paid quarterly in arrears; to re-appoint Messers PricewaterhouseCoopers LLP as the auditors of the company and to authorise the Directors to fix their remuneration; to consider general mandate to allot and issue new shares in the capital of the company; and to transact any other ordinary business which may be properly transacted at an Annual General Meeting.


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