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  • Apr 19, 2014
  • Updated: 5:05pm

Singamas Container Holdings

Briefs, October 17, 2012

Baidu debuts security software in Thailand

Wednesday, 17 October, 2012, 2:22am

Singamas Container stock rises 11pc after profit jump

Shares in Singamas Container Holdings rose more than 11 per cent yesterday after the firm saw net profit climb by 49.8 per cent to a record US$138.6 million last year, up from the earlier record of US$92.5 million in 2010. The firm's stock closed 11.3 per cent up at HK$2.26.

28 Mar 2012 - 12:00am

Rising container prices propel Singamas profits

Shares in Singamas Container Holdings closed up more than 11 per cent yesterday after the world's second-largest maritime container maker saw interim net profit surge 899.8 per cent to a record US$101.9 million.

The firm's share price closed at HK$2.53, up 11.45 per cent, after climbing more than 17 per cent immediately after the half-year results were released at lunchtime.

17 Aug 2011 - 12:00am

Singamas earnings jump 87.9pc

Singamas Container Holdings, which posted an 87.9 per cent growth in net profit last year, said it could produce more containers this year although the demand is expected to decrease slightly.

The second-largest global container maker forecast that 4 million 20-foot equivalent units would be produced globally this year, compared with 4.2 million teu last year.

9 Apr 2008 - 12:00am

Singamas closes in on deals with strategic partners

Mitsubishi, China Shipping attracted to investment in container maker's plants

Singamas Container Holdings' search for strategic investors has borne fruit, with the world's No2 container manufacturer close to securing key partners in China and Japan.

21 Mar 2006 - 12:00am

Singamas nets $349m in quick placement

Singamas Container Holdings, the world's second-largest container maker, was swift to snap up HK$349 million to fund its China expansion amid a rebound in the stock market yesterday.

20 Oct 2004 - 12:00am

SINGAMAS BUYS STAKE IN TERMINAL OPERATOR

Main board-listed Singamas Container Holdings has agreed to pay US$3.8 million (about HK$29.6 million) for a 19 per cent stake in river container terminal operator Shunde Leliu Wharf & Container. Its wholly owned subsidiary, Singamas Terminals (China), will buy the stake from Shunde Leliu Li Hang Ji Ye Trading. Singamas already owns 40 per cent of the terminal operator.

13 Feb 2003 - 12:00am

SINGAMAS AGREES TO BUY STAKE FROM PARENT

Singamas Container Holdings has agreed to acquire a 35 per cent interest in a Shanghai-based container firm from its parent Pacific International Lines (Private) for HK$11.87 million. Pacific International Lines owns 62.64 per cent of Singamas. Singamas said the deal would increase its holding in Shanghai Baoshan Pacific to 74 per cent from 39 per cent.

10 Jan 2003 - 12:00am

Singamas names new chief

Container manufacturer and container depot operator Singamas Container Holdings says Siong Sent Teo, executive vice-chairman, will replace David Wong as chief executive from February 1.

Mr Wong would remain a non-executive director, Singamas said.

The company also said that Simon Lu would relinquish his role as executive director on the same date.

24 Jan 1997 - 12:00am

Singamas gets OK

SHAREHOLDERS of Singamas Container Holdings have endorsed a resolution to create and issue warrants to subscribe up to $218.9 million in aggregate for shares in the company at $2.80 per share.

This will be at any time from the date of issue up to and including June 30, 1997.

6 Jul 1995 - 12:00am