Oxley Holdings

Bought Oxley at 460cents;( was wondering if I shd throw to cut loss.
The q12024 results are out already?
Thought would be released Jan next year.

Hi

Can't seem to find anything on the web pertaining to what you have posted.
Would you mind providing me the link?
Million thanks

good eps of ard 8c/share. dividend 3c.

Found the report on oxley's earning.
infopub.sgx.com/FileOpen/Oxley1Q2014.ash...cement&FileID=264096
Impressive !
The London site they had bought from Ballymoee is huge! Second biggest after Battersea ( bought by Malaysian developer). Oxley is raising fund through bond? ( giving a fixed % return for fixed duration tie-down).
Wonder will they incur lots of debt due to tis?

Oxley Holdings buys prime residential land in Kuala Lumpur for $176 million

Published on Nov 14, 2013
9:42 PM

Oxley Holdings subsidiary, Oxley Rising, today agreed to acquire a land parcel in Kuala Lumpur, Malaysia, for RM446.7 million (S$175.9 million) from the executors of the estate of Leong Mai Leng.

The freehold site has an area of about 12,575 square metres.

It is currently occupied by six bungalows and located within the Kuala Lumpur City Centre (KLCC) area, which comprises prime plots of land and properties in the heart of Kuala Lumpur city.

Within close proximity are Petronas Twin Towers, Suria KLCC, Grand Hyatt, Mandarin Oriental, and various luxury condominiums, such as Four Seasons Place, Dua Residency, Binjai Residency and The Troika, as well as a diverse array of amenities including shopping malls, upmarket restaurants, nightspots and international schools.

www.straitstimes.com/breaking-news/money...r-176-million-201311

Oxley Holdings splurges RM446.7m on Malaysian asset

Check out their other projects in the pipeline.

According to OSK, Oxley Holdings bought a plot of prime freehold land measuring about 12,575sqm which houses six bungalow buildings known as 149 to 159 Jalan Ampang, at RM446.7m from an estate sale, located within the Kuala Lumpur City Centre (KLCC) area.

Here’s more:

The plot of land which the group intends to redevelop the land, subject to obtaining all the necessary approvals is in close proximity to PETRONAS Twin Towers, Suria KLCC, Grand Hyatt, Mandarin Oriental, and various luxury condominiums.

They have other projects in the pipeline which includes a mixed-development site which will proffer more than 3,400 residential units along with a mix of commercial, retail, leisure and educational facilities and it will sit on a site with a gross effective area of about 363,000 sq m, at London's Royal Wharf.

In addition, Oxley who owns a 10% stake in GD Capital also has land use rights for two plots in the Xuancheng Economic and Technical Development Zone in Anhui province in China also allows Oxley to participate with up to 30% interest in the development of five other land parcels in the same economic zone.

Oxley reported that its net profit for the first quarter ended September surged SGD6.6m to SGD250.8m on the back of a 13-fold jump in revenue to SGD686m.