Signature’s project and tender books remain consistent despite the slowdown in new property launches; this is due to our cumulative follow-up on previous launches as well as continuous efforts in covering newly-launched properties. We will focus on developments that are in the planning stages, or those that are currently underway in property hotspots in the Klang Valley, Penang, the East Coast of Peninsular Malaysia, as well as East Malaysia. Of particular note are the burgeoning developments in the South, namely Iskandar Malaysia in Nusajaya, Johor. These areas have the eye of all major property players in Malaysia – many of which we have already worked with and established a reputation for – and we are optimistic in our outlook of contributing to the vision these industry leaders have in their respective developments. Signature’s order book has also increased to RM201 million as of end-July 2016. Based on ongoing tenders, we expect to secure more projects to add on to our order book soon. Currently, our follow-up on upcoming projects involves working with numerous major developers including UEM Sunrise, WCT Holdings, BRDB, Greenland, Iskandar Waterfront, KSL, SP Setia, Astaka Padu, Zhou Yuan Group, Gamuda Land, Encorp and CapitaLand. With this healthy indicator of steady performance and trust earned from local developers, we are optimistic that our project revenues will be improved in the coming financial
Leveraging our years of experience in managing offshore projects, a key shift in our strategy for overseas expansion is to identify and develop project dealers in foreign markets who are existing players in those regions and have the resources to undertake contracts with their own installation teams. By doing so, Signature will have the flexibility to allocate operational resources depending on the local capabilities of these partners, be it full installation by Signature’s personnel or merely supplying material for local assembly. We already have working partners in the project market in Vietnam, Cambodia, Thailand, Myanmar, Papua New Guinea, Indonesia, UAE, Sri Lanka, Pakistan, and India, which will build upon our growing portfolio of more than 60 completed projects in overseas.
7246 SIGN SIGNATURE INTERNATIONAL BHD Notice of Shares Buy Back Immediate Announcement Date of Buy Back : 07/02/2017 Description of Shares Purchased : Ordinary shares No. of Shares Purchased : 50,000 shares Minimum Price Paid For Each Share Purchased : RM 0.920 Maximum Price Paid For Each Share Purchased : RM 0.930 Total Consideration Paid : RM 46,555.52 No. of Shares Purchased Retained in Treasury : 50,000 shares No. of Shares Which Are Proposed To Be Cancelled : 0 shares Cumulative Net Outstanding Treasury Shares As At To-Date : 7,030,200 shares Adjusted Issued Capital After Cancellation : 0 Date Lodged With Registrar of Company : Lodged By : Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Submitted By:
Tmr gap down to below 0.85 lor..What to do, ask you guys don't simply follow..Do own research and don't simply chase high..Alot of fella simply ask buy so that he can sell it at high price..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
shareinvestment7
702 posts
Posted by shareinvestment7 > 2017-02-03 17:45 | Report Abuse
More good news coming..