Kingsmen Creatives

[Salty]

SINGAPORE - H&M has announced that they will be opening three new stores this summer, starting tomorrow (June 11).

The first store to be opened tomorrow will be at newly-build shopping centre Jem, in Jurong. This will be followed by another outlet at VivoCity on June 20, and finally at Suntec City on June 21.

The company has also said that those who queue early at the opening day of each store will stand to win free shopping gift cards, with the first to queue to receive a shopping gift card worth S$250, while the second to fifth customers will get a S$100 gift card each. Thereafter, the next 200 shoppers will receive a S$20 gift card each.

It added that there would also be amazing opening offers starting from S$5.90 at all three stores.

[KopiKat]

ANNOUNCEMENT IN CONNECTION WITH BUSINESS TIMES ARTICLE ON 4 JULY 2013

[brattzz]

ANNOUNCEMENT IN CONNECTION WITH BUSINESS TIMES ARTICLE ON 4 JULY 2013

waos! when i read the Biz time article, i was shock to see how they "labelled" KS.. copying..

Glad the clarification is out! and i think KE should issue a protest to Biz Time for reporting this way!! :O

[dydx]

Kingsmen has secured some real big contracts.....
http://infopub.sgx.com/Apps?A=COW_Corpor...0713NR.pdf

More big ones coming?

[investingsgx]

Kingsmen has secured some real big contracts.....
http://infopub.sgx.com/Apps?A=COW_Corpor...0713NR.pdf

More big ones coming?

seems promising! a lot of contracts.

[dydx]

Just checked my bank account and saw a nice credit from Kingsmen's $0.015/share Interim dividend. As usual, can't be happier! I now look forward to the full-year results expected in Feb14, as well as the Final dividend (last FY: $0.025/share) expected in May14.

I have also revisited Kingsmen's website and read the following analyst reports (first issued in May13) by OSK/DMG and AmFraser, and feeling reassured....
http://kingsmen.listedcompany.com/misc/D...170513.pdf [OSK/DMG]
http://kingsmen.listedcompany.com/misc/A...160513.pdf [AmFraser]

I have also picked up from the website the following 2 interesting articles written by Sarah Chew (a Kingsmen senior manager) on the regional MICE industry .....
http://www.kingsmen-int.com/wp-content/u...ay2013.pdf
http://www.kingsmen-int.com/wp-content/u...pt2013.pdf
There is little doubt that the MICE industry is growing across Asia from Middle-East to China, and Kingsmen is fully engaged with it.

[pianist]

which bank was that? mine show up always one day later than yr.

[corydorus]

Totally forgot about it. Just check and saw mine today (9/24). POSB.

[pianist]

mine just come in only today. Feeling nice

[mkmk]

http://infopub.sgx.com/Apps?A=COW_Corpor...kxXFIZi1UM

Sale of Interest in Kingsmen Fairtech International Pvt. Ltd.

The Board of Directors of Kingsmen Creatives Ltd. (the “Company") wishes to announce that it has entered into an agreement on 1 October 2013, pursuant to which the Company will sell its 35% equity interest in Kingsmen Fairtech International Pvt. Ltd. ("Fairtech International”) its associated company, to an existing shareholder of Fairtech International (“Proposed Divestment”).

Upon completion of the Proposed Divestment, Fairtech International will cease to be an associated company of the Company.

The aggregate consideration for the Proposed Divestment is Rupees 1,750,000 (approximately S$35,000) (the “Consideration”). The Consideration was negotiated at arm’s length on a “willing-buyer, willing-seller” basis, taking into consideration, inter alia, the Company’s share of Fairtech International’s unaudited net asset value as at 31 March 2013 which the Company has made full impairment for as at 31 December 2012.

The Proposed Divestment is not expected to have a material financial impact on the net tangible assets per share and earnings per share of the Company for the financial year ending 31 December 2013.

None of the Company’s directors and controlling shareholders has any interest, direct or indirect, in the Proposed Divestment.