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01/27/14 - $0.08
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unionmet singapore ltd (UMS) Details

Unionmet (Singapore) Limited, an investment holding company, is engaged in manufacturing and trading non-ferrous metals in Singapore and internationally. The company offers indium ingots, which are used in coatings for the flat panel display industry, as well as a raw material for solar energy technology. It also provides by-products comprising zinc ingots that are used in manufacturing galvanizing steel, brass and zinc casting alloys, and alkaline and carbon-zinc batteries; zinc carbonate, which is used as a raw material for the manufacturing of latex products and catalysts in the production of calamine or as skin protectant; and zinc sulphate that are primarily used to produce synthetic fibers, pesticides, and fertilizers. The company offers its by-products under the UnionZinc brand name. In addition, it trades ferrous and precious metals; kaolin and barite; and coal and coke products. The company primarily serves traders, consumer electronics manufacturers, ITO producers, and low melting point alloy producers. Unionmet (Singapore) Limited was founded in 1999 and is headquartered in Singapore.

Founded in 1999

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unionmet singapore ltd (UMS) Key Developments

Unionmet (Singapore) Limited Announces Change of Fiscal Year End from November 30 to March 31

The Board of Directors of Unionmet (Singapore) Limited announced the following update on its recent change of its financial year end from 30 November to 31 March as first announced on 28 November 2014.

Unionmet (Singapore) Limited Announces Unaudited Consolidated Earnings Results for the Quarter and Full Year Ended November 30, 2014

Unionmet (Singapore) Limited announced unaudited consolidated earnings results for the quarter and full year ended November 30, 2014. For the quarter, the company reported revenue of USD 212,000. Loss before tax was USD 306,000 against USD 307,000 a year ago. Loss after tax was USD 306,000 against USD 307,000 a year ago. Net loss after tax for the Net loss after tax for the attributable to owners of the Company from continuing operations was USD 339,000 against USD 307,000 a year ago. Loss attributable to owners of the Company was USD 398,000 against USD 2,851,000 a year ago. Net loss after tax for the period was USD 365,000 against USD 2,851,000 a year ago. Net cash flows generated from operating activities was USD 3,730,000 against USD 2,272,000 a year ago. Purchase of property, plant and equipment was USD 4,101,000 against USD 469,000 a year ago. Net asset value per ordinary share as at November 30, 2014 was 4.66 cents.

Unionmet (Singapore) Limited Appoints Nah Ee Ling as CFO, Effective from January 1, 2015

Unionmet (Singapore) Limited announced the appointment of Nah Ee Ling as CFO, effective from January 1, 2015.


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