Year |
Month |
Description |
|
2008
|
Nov
|
Company
participated in the 2008 Bauma China Trade Exhibition in
Shanghai, China.
|
|
| |
Aug
|
Group achieved record net profit after tax of $11.2 million, a 14.6% increase against our FY2007 earnings for financial
year ended 30 June 2008.
The Board also declared a final dividend of 0.45 cents per share, payable on 28th November 2008. |
|
| |
Feb |
Group
recorded 19% rise in net profit to $5.4 million for its
FY2008 mid-year results. The board declared an
iterim dividend of $1.1 million representing 0.25 cents per
share. |
|
| |
Jan |
Group incorporated an Indonesian subsidiary, PT. Haneagle
Heavyparts Indonesia, to better serve its growing customer base in Indonesia. |
|
2007 |
Aug |
Group recorded 34.9% rise in net profit to $9.8 million for
financial year ended 30 June 2007.
The Board also declared a final dividend of 0.40 cents per
share less tax of 18% for all shares issued after the rights
issue exercise. |
|
| |
Jun |
As an affirmation of Kian Ann's confidence in
the strong underlying growth of its business and commitment
to enhancing shareholder value, the Board announced on 26
June 2007 that it was passing on Section 44A tax credits to
shareholders by way of an interim bonus dividend of 8.54 cents
per share less tax 18% (net 7.00 cents) cum a 1-for-2 rights
issue. |
|
| |
Feb |
Group
recorded 22% rise in net profit to $4.5 million for its
FY2007 mid-year results and for the first time
since its IPO, declared Interim Dividend of $1.44 million
after tax representing 0.6 cents per share.
Company set up Kian Chue Hwa (Industries) Pte Ltd to expand
into parts business for commercial and industrial vehicles. |
|
2006 |
Nov |
Company participated in the
2006 Bauma China Trade Exhibition in Shanghai, China. |
|
| |
Aug |
Group
recorded 9.63% rise in net profit to $7.3 million for financial
year ended 30 June 2006. |
|
2005 |
Aug |
Group recorded 63% rise in
net profit to $6.8 million for financial year ended 30 June 2005.
|
|
2004 |
Nov |
Company participated in the 2004 Bauma China
Trade Exhibition in Shanghai, China. |
|
2003 |
Jun |
Company purchased an office cum warehouse building
in Shanghai, China with a total land area of 5,179 sq metres ( including warehouse space of 2,109 sq metres ). |
|
|
2002 |
Nov |
Company participated in the Inaugurial 2002
Bauma China Trade Exhibition in Shanghai, China. |
|
2001 |
Oct |
Company participated in the
"6th Beijing Construction Machinery Exhibition & Seminar (BICES)" in Beijing, China. |
|
| |
Sep |
Company organized its Inaugural Trade Exhibition
- "Kian Ann Parts Convention" in Sibu, Sarawak, Malaysia, which was attended by customers, suppliers and business associates. |
|
2000 |
Jun |
Achieved record sales of
$138.8 million in FY2000.
Company awarded shareholders with bonus shares issued on
the basis of one new ordinary share for each existing ordinary share. |
|
| |
May |
Incorporated
Kian Ann Engineering Trading (Shanghai) Co. Ltd, a wholly owned subsidiary in Shanghai, China.
|
|
|
| |
Jan |
Awarded Approved
Cyber Trader (ACT) Incentive Status by Singapore Trade Development
Board. Under the program, the Company's tax rates on offshore income generated through
the internet was reduced from 26% to 10% for 5 years. |
|
1999 |
May |
Relocated
the Group's entire office, distribution and warehouse operations to its new complex
- Kian Ann Building, in the eastern part of Singapore.
|
|
1997 |
Oct |
Implemented Kian Ann Engineering
Employees' Share Option Scheme to provide an opportunity
for employees to participate in the equity of the company. |
|
| |
Jun |
Raised
$11.4 million from an issue of Redeemable Convertible Cumulative
Preference Shares (RCCPS) to part finance the construction
of the Changi South Lane Complex.
It was the first Singapore-Dollar denominated RCCPS issued
by a Singapore-Listed Company.
|
|
| |
Jan |
Acquired
a 51% stake in Transmec Engineering Pte Ltd, a manufacturer
of high-precision mechanical engineering parts.
The acquisition reflects the company's initiative in diversifying
into manufacturing which is synergistic with its core business.
|
|
1996 |
Nov |
Listed
on the Main Board of the Singapore Exchange.
Set a record on its market debut with a 58% gain in share
price.
|
|
| |
Oct |
Ranked
as one of the top 50 enterprising companies in Singapore
in the Enterprise 50 List. The annual award was presented
by Anderson Consulting and The Business Times, and supported
by the Economic Development Board.
|
|
|
|
|
|
|
|
