United Fiber System (SIN:P30)

QUOTE AND NEWS
The Straits Times  Apr 25  Comment 
April 25, 2013 1:49 AM THE financial struggles of Poh Lian Construction have caused such harm to parent company United Fiber System (UFS) that there are doubts the firm can carry on as a going concern.     
Business Times - Singapore  Mar 1  Comment 
UNITED Fiber System gave notice yesterday that it has recorded pre-tax losses for the three most recently completed consecutive financial years while its market capitalisation as at Feb 29 was some $210.6 million.
Business Times - Singapore  Jan 31  Comment 
ON the face of it, investors appear happy with United Fiber System's latest attempt at reviving its fortunes - since the loss-making company announced it is the subject of a reverse takeover by Indonesian coal mining company Golden Energy Mines...
Business Times - Singapore  Jan 31  Comment 
THE Singapore Exchange (SGX) has raised queries over United Fiber System Limited's (UFS's) proposed acquisition of a 67 per cent stake in Indonesian company Golden Energy Mines (Gems).
The Straits Times  Jan 27  Comment 
LOSS-MAKING forestry firm United Fiber System (UniFiber) has struck a $1.55 billion reverse takeover (RTO) all-share deal with an Indonesian coal miner to refocus its business on coal mining.
Business Times - Singapore  Mar 25  Comment 
UNITED Fiber System's wholly owned subsidiary, Poh Lian Construction, has been awarded a public housing development project worth $102.88 million by the HDB.
The Straits Times  Feb 7  Comment 
MAINBOARD-LISTED United Fiber System (UniFiber) has said it is looking at all ways to repay a multimillion-dollar debt to avoid possible insolvency.
Business Times - Singapore  Feb 7  Comment 
THE High Court has ruled in favour of a Chinese conglomerate which is demanding payment of US$19.74 million (S$25.2 million) from United Fiber System (Unifiber).
The Straits Times  Feb 1  Comment 
THE High Court has knocked back a bid by forestry firm United Fiber System (UFS) to stave off a demand by a China-based conglomerate for repayment of a US$19.7 million (S$25.3 million) debt.
Business Times - Singapore  Jan 13  Comment 
BELEAGUERED United Fiber System (Unifiber) has received a seeming lifeline in the form of Indonesian businessman Oei Pheng Lian, who will take up a controlling stake in the loss-making company and extend it a US$35 million loan.





 


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