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Month – May 2013

Biosensors declares dividend payout of USD$0.02

 Quick Glance  1) Net Profit: US$115milliom 2) Cash and cash equivalent: US$614million 3) Net current asset: US$688million 4) Long term borrowing: US$277million 5) Net cash from operation: US$123million 6) Net asset value per share: US$0.72 Performance Summary for FY13   For the full year FY13, total revenue was US$336.2 million, a 15% increase from the […]

GST exemption for Gold and Silver

Gold bullion

The following information is extracted from Inland Revenue Authority of Singapore’s e-Tax Guide. With effect from 1 Oct 2012, the importation and supply of IPM in Singapore are exempt from GST. The supply of IPM which is exported continues to be zero-rated. However, only precious metals in the form of a bar, ingot, wafer and […]

Stock Update: Biosensors Receives CE Mark Approval for BioMatrix NeoFlex™

Below is a press release from Biosensors. SG Wealth Builder has been monitoring the company for quite sometimes and is of the opinion that Biosensor has a lot of potential to grow. Just like Apple, Biosensors has the ability to cannabalise its older products, which is a hallmark of a forward-looking innovative companies. Not vested in this counter. Biosensors International Group, Ltd. […]

Boustead’s 10 Consecutive Years of Dividend

Stock Market

Not many listed companies in Singapore can claim to have more than 100 years of history. Boustead belongs to this handful group of companies. Boustead is a progressive global Engineering Services & Geo-Spatial Technology Group offering an extensive range of specialized engineering services and geo-spatial solutions. Its suite of engineering services is geared to fulfil […]

CPF adjustments

savings

Below is a government press release announcing the changes in the CPF Minimum Sum and Medisave Minimum Sum. The increase in the CPF MS represented a 6.5% increase and the Medisave MS represented a 5.1% increase from 2012. Note that both rates are much higher than the core inflation rates in Singapore 2012. Whilst I […]

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