The lift doors opened on the 30th floor.

And my first thought was… “wah, this is a co-working space?”

Warm wood, soft curves, beautiful lighting, and through the windows, sweeping views towards Keppel Harbour and Sentosa.

I was visiting 𝐓𝐇𝐄 𝐂𝐎𝐋𝐋𝐄𝐂𝐓𝐈𝐕𝐄 𝐚𝐭 𝐋𝐚𝐛𝐫𝐚𝐝𝐨𝐫 𝐓𝐨𝐰𝐞𝐫, @JustCo's luxury workspace concept.

Nice? Definitely.

But after walking around and chatting with the team, what interested me wasn't really the furniture or the view. It was the business model behind it.

CEO Kong Wan Sing shared an analogy that I thought explained the strategy rather well: Marriott.

Marriott doesn't have one hotel brand for everyone. Different brands cater to different customers and different price points.

JustCo is taking a similar approach.

THE COLLECTIVE at the luxury end.

JustCo as its core premium offering.

And the wonderfully named the boring office 😂 for customers who simply want the essentials.

𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬. 𝐒𝐚𝐦𝐞 𝐞𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦.

Then there is the geographical reach.

JustCo operates across major Asian cities. For regional companies, employees can tap into the wider network when they travel. That, to me, is where scale starts becoming interesting.

And they are still growing.

At 160 Orchard Road, JustCo is taking around 150,000 sq ft for a new integrated concept spanning coworking, retail and eventually coliving. Deloitte Singapore has already committed to the entire coworking space before opening.

Of course, as an investor, I can't admire the view from the 30th floor and ignore the share price downstairs. 😅

JustCo listed at S$0.94 in May, and the shares have since fallen significantly below IPO price.

The market clearly still needs convincing.

Fair enough.

But this is also a company that has been in the business for 15 years. It survived COVID, when occupancy bottomed at just over 60%, and has an experienced senior management team behind it.

I like the scalability of the model, the multi-brand strategy and its regional network. But ultimately, execution matters. The real test is whether JustCo can translate that potential into sustainable profitability and shareholder returns. From what I saw and heard today, I believe the ingredients are there.

A big thank you to CEO Kong Wan Sing, CFO Lee Hui Yeow, CBO Michelle Lee and VP Marketing / HOD Andre Chong for the candid sharing and hospitality.

And thank you Amanda Huang, Shimona Wong and the SGX team for organising the visit. Always useful to get out from behind the screen and see the business for ourselves.

I left Labrador Tower with one question:

𝐈𝐟 𝐟𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐰𝐨𝐫𝐤𝐬𝐩𝐚𝐜𝐞 𝐛𝐞𝐜𝐨𝐦𝐞𝐬 𝐚 𝐦𝐮𝐜𝐡 𝐛𝐢𝐠𝐠𝐞𝐫 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐡𝐨𝐰 𝐀𝐬𝐢𝐚 𝐰𝐨𝐫𝐤𝐬, 𝐰𝐡𝐨 𝐛𝐞𝐜𝐨𝐦𝐞𝐬 𝐭𝐡𝐞 𝐌𝐚𝐫𝐫𝐢𝐨𝐭𝐭 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲?

#CorporateVisit #CoWorkingSpace #TradeSGX #POEMS #danccs

𝐌𝐚𝐫𝐤𝐞𝐭 𝐖𝐫𝐚𝐩 (𝐖𝐞𝐞𝐤 𝐞𝐧𝐝𝐞𝐝 𝟏𝟒/𝟖/𝟐𝟔)

𝐁𝐫𝐞𝐚𝐤 𝐎𝐯𝐞𝐫. 𝐑𝐞𝐜𝐨𝐫𝐝𝐬 𝐁𝐚𝐜𝐤 𝐎𝐧.

After “taking a break” last week, the 𝐒𝐓𝐈 resumed its habit of making record highs, touching 5,774 this week. All the major MAs remain uptrending, so for now, the trend is still very much our friend. After closing below the 5,700 level last week (5,698), the STI settled at 5,727 as of Friday morning. Not a huge weekly move, but when you are already near record territory, sometimes staying high is strength in itself.

It was also another busy week for earnings.

𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐁𝐫𝐨𝐬 𝐀𝐫𝐞 𝐁𝐚𝐜𝐤 𝐢𝐧 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬

$CityDev(C09.SI) delivered a strong 1H2026, with revenue jumping 61% to S$2.7B and PATMI more than tripling to S$301.6m, driven by property development, particularly Lumina Grand. Its hotel business also returned to profit. The share price gapped up to S$8.74 after results before easing to S$8.12 on Friday morning, still up around 4.4% for the week.

Fellow “property bro” $CapitaLandInvest(9CI.SI) also delivered a good set of numbers. The reaction was more measured, with the stock rising from S$2.69 last week to S$2.80 after results, before settling at S$2.71.

𝐀𝐄𝐌: 𝐁𝐞𝐚𝐭, 𝐑𝐚𝐢𝐬𝐞, 𝐑𝐞𝐜𝐨𝐫𝐝.

Over in tech, $AEM USD(XWA.SI) stole some of the limelight. 1H2026 net profit surged 876% YoY to S$30.8m, while FY2026 revenue guidance was raised to S$630m-S$680m. The stock jumped from S$9.15 to S$11.54, a fresh ATH, before easing to S$10.70.

𝐄𝐧𝐠𝐢𝐧𝐞𝐬 𝐑𝐨𝐚𝐫, 𝐏𝐫𝐨𝐟𝐢𝐭𝐬 𝐒𝐨𝐚𝐫.

$Hong Leong Asia(H22.SI) also impressed, with 1H2026 PATMI rising 64.1% to S$91.9M, supported by both Powertrain Solutions and Building Materials. Its interim dividend increased 50% to 3 cents. The stock hit S$3.29 after results before settling at S$3.11.

𝐔𝐥𝐭𝐫𝐚𝐆𝐫𝐞𝐞𝐧 𝐅𝐢𝐧𝐚𝐥𝐥𝐲 𝐒𝐞𝐞𝐬 𝐒𝐨𝐦𝐞 𝐆𝐫𝐞𝐞𝐧.

$ULTRAGREEN AI USD(ULG.SI) finally saw a meaningful rebound after hitting a historical low of S$1.15 last week. Underlying net profit rose 45% to US$39.4M, with a US$0.01 interim dividend declared. The stock rebounded to a weekly high of S$1.37.

The STI may be at record levels, but beneath the index, earnings are still doing much of the talking. And this week, quite a few companies gave investors something to talk about.

Rgds!

Dan
tinyurl.com/TTP-dan

tinyurl.com/dan-disclaimer

#danccs

𝐌𝐚𝐫𝐤𝐞t 𝐔𝐩𝐝𝐚𝐭𝐞 *14/8/26*

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STI: 5720 (-) | HSI: 25396 (-43) | Dow: 53840 (+69) | S&P: 7799 (+50) | Nasdaq: 26803 (+214)

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*US Markets Overnight*

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*Inflation Behaved. Wall Street Celebrated.*

.

Sometimes, no news is good news. In this case, no PPI inflation was very good news. 😂

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US stocks pushed higher overnight, with the S&P 500 closing at another record high, as July producer prices came in softer than expected. Headline PPI was flat month-on-month versus +0.2% expected, while core PPI rose just 0.2%. Coming after an in-line CPI and softer jobs report, the numbers gave investors a little more confidence that the Fed may not need to tighten further in September.

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The S&P 500 gained 0.7%, Nasdaq rose 0.8%, while the Dow edged up 0.1%. The 10-year Treasury yield eased to around 4.65%. To me, that combination matters. Equities are not simply rallying on weaker data, they are responding to a slightly more favourable mix of softer inflation, cooling employment and lower bond yields. The sweet spot remains narrow though. Too much economic weakness and the narrative can quickly change from “Fed relief” to “growth concerns”.

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Tech regained its footing. Tesla jumped almost 4%, while most of the Magnificent Seven finished higher. Memory stocks were particularly strong, with Sandisk, Western Digital, SK Hynix, Micron and Seagate gaining roughly 4% to 14%.

Super Micro Computer added another 4% after Wednesday’s 19% post-results surge, while Workday soared 18% following reports that Silver Lake was exploring an acquisition.

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Not everyone joined the party. Cisco sank 9%, weighing on the Dow, while post-results selling hit Tapestry (-16%), Cerebras (-12%), StubHub (-10%) and YETI (-11%).

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Elsewhere, oil continued to cool, with WTI down 2.4% to US$81.25 and Brent falling 2.1% to US$87.10. Gold slipped 1.3%, while Bitcoin was little changed around US$63,300.

For now, Wall Street likes what it sees. Inflation is cooling without growth falling off a cliff. The question is how long this Goldilocks window stays open.

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*What’s Brewing Today*

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Another heavy earnings day. Some of the more notable names that reported strong/decent earnings are (according to my own preference) ⭐️ * $Nanofilm(MZH.SI), $Olam Group(VC2.SI), $Aoxin Q & M(1D4.SI) , $PanUnited(P52.SI) , $UMS(558.SI), $SoilbuildConstr(ZQM.SI), $Union Gas(1F2.SI), $Sasseur Reit(CRPU.SI) *, among others. Good to note that new debutant * $EGP ENERGY CORP(EGX.SI)* also released a good set of results. Notable names, but results are meh, include *Genting Singapore, Frencken, ThaiBev, CSE Global, SBS Transit, China Av oil.*

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Outside of earnings, look out for ⭐️ $Sunpower(5GD.SI) who pre-empt a potential major transactions involving its shares, and *OKP* who secure a big LTA contract.

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Note the 81c XD on *DBS*. Vested investors may want to factor in the XD when monitoring the price.

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===

*Happening Today*

SG XD:

— DBS: SGD 0.81

SG Earnings:

— Sasseur^, Olam^, Mewah, Haw Par, CNMC Goldmine, Winking Studio

EU

— GDP (YoY) (Q2) / Trade Balance  (Jun) / GDP (QoQ) (Q2)

US

— Core Retail Sales (MoM) (Jul) / Retail Sales (MoM) (Jul) / Michigan 5-Year Inflation Expectations  (Aug) / Michigan Consumer Sentiment  (Aug) / Michigan Consumer Expectations  (Aug) / Retail Inventories Ex Auto  (Jun) / Business Inventories (MoM) (Jun)

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===

*SG Stock news*

*Earnings / Business Updates*

—⭐️ *Nanofilm Technologies* reported improving 1H2026 momentum, with revenue rising 6% to S$114 million, adjusted EBITDA increasing 28% to S$31 million and PAT surging 282% to S$5.3 million, while declaring an interim dividend of 0.60 cent per share.
https://links.sgx.com/1.0.0/corporate-announcements/7425Q8AUOVZHBWQW/900936_NTI%201H2026_Results%20Deck.pdf

—💰 *Olam Group* reported 1H2026 PATMI surging 489% to S$1.9 billion, largely from S$1.75 billion of one-off gains, while declaring total dividends of 7.0 cents per share.
https://links.sgx.com/1.0.0/corporate-announcements/Q39GPE6CLD1WD56B/901058_14Aug2026_H1%20FY2026%20Results_News%20Release.pdf

—⭐️ *First Resources* reported strong 1H2026 results, with underlying net profit rising 47.5% to US$167.5 million on higher palm oil prices and production, while declaring an interim dividend of 3.5 Singapore cents per share.
https://links.sgx.com/1.0.0/corporate-announcements/W5XWKV99LBWCRDB1/901067_First%20Resources%201H2026%20Press%20Release.pdf

—⭐️ *Q&M Dental* reported 1H2026 revenue rising 13% to S$99.5 million and net profit increasing 27% to S$4.9 million, with a 0.40-cent interim dividend.
https://links.sgx.com/1.0.0/corporate-announcements/VRA2WMSBAHNQJQY1/901062_1H2026%20Press%20Release-14082026.pdf

—👍 *Aoxin Q&M* reported a net profit attributable to shareholders of RMB0.4 million in 1H2026, with its distribution segment returning to profit and laboratory services revenue rising 19.2%, while cash increased 50.1% to RMB223.3 million with no bank borrowings.
https://links.sgx.com/1.0.0/corporate-announcements/4D7AW5JIEOUMKU5Y/900947_AoxinQM%20-%201H2026%20Press%20Release.pdf

—⭐️ *Pan-United* delivered strong 1H2026 results, with revenue jumping 37% to S$549.6 million and net profit attributable to shareholders rising 49% to S$30.6 million, while EPS increased 48% to 4.38 cents.
https://links.sgx.com/1.0.0/corporate-announcements/R25RXJU8ODVY3TP9/900943_PUC_1H_FY2026.pdf

—⭐️ *UMS Integration* posted a strong 2QFY2026, with net profit surging 90% to S$19.8 million on revenue of S$87.1 million, while declaring a second interim dividend of 1.0 cent per share and positioning for continued AI-driven semiconductor demand.
https://links.sgx.com/1.0.0/corporate-announcements/TT73XH9AED8MLJZ2/900959_UMS%20-%20Press%20Release%202QFY2026.pdf

—🤨 *Frencken* posted resilient 1H2026 results, with revenue easing 0.8% to S$427.8 million while gross profit rose 5.8% to S$64.4 million, although net profit attributable to shareholders slipped 3.4% to S$19.3 million.
https://links.sgx.com/1.0.0/corporate-announcements/LQ0P3ZB0TGI8QEAU/900813_Frencken_Result%20Announcement_1H2026.pdf

— 🤨 *CSE Global* reported 1H2026 revenue rising 27.4% to S$561.5 million, while net profit fell 19.3% to S$13.2 million, with a robust S$620.4 million order book.
https://links.sgx.com/1.0.0/corporate-announcements/JU678NRRDGYCIYN7/900874_CSE_1H2026%20Press%20Release.pdf

—😑 *Genting Singapore* reported 1H2026 revenue of S$1.20 billion, broadly stable YoY, while adjusted EBITDA fell 8% to S$389.8 million and net profit came in at S$156.1 million amid higher depreciation and softer tourism conditions, with an interim dividend of 2.0 cents per share declared.
https://links.sgx.com/1.0.0/corporate-announcements/MERE7XGMFNREKFK4/900901_1.%20GENS%201H2026%20Press%20Release.pdf

—👍 *Foundation Healthcare* reported 20.2% revenue growth to S$129.2 million in 1H2026, driven by organic and acquired specialist practices, while adjusted PAT fell 17.4% to S$16.1 million as the group invested ahead of growth, with its specialist network reaching 112 after four additions in July and acquisition activity resuming in 2H2026.
https://links.sgx.com/1.0.0/corporate-announcements/YYIRJG5L123CV7O8/900844_20260813_FHH%201H%202026%20Earnings%20Press%20Release.pdf

—⭐️ *Union Gas* posted a record HY2026, with revenue surging 66.4% to S$106.0 million and net profit jumping 179.1% to S$12.0 million, driven by strong liquid fuel sales, while declaring total interim and special dividends of 0.80 cent per share.
https://links.sgx.com/1.0.0/corporate-announcements/OTR5CL5WRGV1ICCA/900818_Press%20Release%20HY2026.pdf

—⭐️ *Soilbuild Construction* achieved record net profit of S$35.6 million in 1H2026, with an order book of approximately S$800 million as at end-June, while declaring an interim dividend of 1.6 cents per share.
https://links.sgx.com/1.0.0/corporate-announcements/43YSE89IJ0J4EZ6J/900992_SBCG%20-%201HFY2026%20-%20Results%20Briefing%20Presentation.pdf

—⭐️ *Sasseur REIT* reported 1H2026 DPU rising 10.2% to 3.366 cents, supported by 7.4% portfolio sales growth and a record-low 3.7% cost of debt.
https://links.sgx.com/1.0.0/corporate-announcements/YHZTVY1YFO8QDDAF/901077_Sasseur%20REIT_Press%20Release%201H2026.pdf

—⭐️ *EGP Energy* delivered strong maiden results, with 1H2026 revenue surging 157.4% to S$30.7 million and adjusted NPAT jumping 221.3% to S$7.0 million, while maintaining a net cash position and an order book of approximately S$296.2 million extending through 2031.
https://links.sgx.com/1.0.0/corporate-announcements/KU94PRBB2Q1K60IJ/901006_EGP%20Energy%201H2026%20Results%20Press%20Release.pdf

—🤨 *China Aviation Oil* reported 1H2026 net profit falling 17.3% to US$41.4 million on 8.8% lower revenue, partly cushioned by a 67.3% surge in contributions from associates to US$45.9 million.
https://links.sgx.com/1.0.0/corporate-announcements/0RHXJZ9K6BC33NUJ/900783_CAO_Media_Release_1H2026.pdf

—⭐️ *JEP Holdings* reported a 117.3% jump in 1H2026 net attributable profit to S$3.4 million on higher sales of S$31.7 million, with first-half earnings already exceeding its full-year FY2025 net attributable profit.
https://links.sgx.com/1.0.0/corporate-announcements/31R70JEQL0G09WWW/900820_JEP%20Press%20Release%201HFY2026.pdf

—⭐️ *Zheneng Jinjiang Environment* delivered strong 1H2026 growth, with revenue rising 11.7% to RMB2.04 billion and net profit attributable to shareholders jumping 28.4% to RMB426.2 million, supported by growth in its core waste-to-energy business.
https://links.sgx.com/1.0.0/corporate-announcements/0L9MGFOS4I8TL2DL/900855_ZJE%20-%201H2026%20Press%20Release.pdf

—⭐️ *Tiong Seng* returned to profitability in 1H2026 with net profit of S$1.2 million versus a S$20.7 million loss a year ago, as Engineering Solutions revenue more than doubled to S$57.1 million, with its total order book standing at S$360 million and extending into FY2028.
https://links.sgx.com/1.0.0/corporate-announcements/VBG1J3JEHF67EPIJ/900911_Press%20Release%20Announcement%20-%201H2026.pdf

—💰 *SBS Transit* grew 1H2026 revenue 5.3% to S$785.6 million, while net profit attributable to shareholders declined 5.6% to S$29.4 million, with an 8.45-cent interim dividend and 15.97-cent special dividend declared.
https://links.sgx.com/1.0.0/corporate-announcements/OEOCGHHLMKZ8IVIP/900822_News%20Release%20SBST%201H26%20Results.pdf

—👍 *Cordlife* narrowed its 1H2026 net loss by 42.2% to S$2.7 million, with its 2Q loss shrinking 68.7% to S$0.94 million as cost optimisation lifted gross profit margin to 58.2%, while Hong Kong revenue grew 5%.
https://links.sgx.com/1.0.0/corporate-announcements/UKAG3GPK3ZS1E72F/900965_CGL%20-%20Press%20Release%201HFY2026.pdf

—👍 *ThaiBev* reported 9M2026 EBITDA rising 7.2% to THB48.3 billion despite revenue falling 1.8%, with EBITDA improving across all businesses and margins expanding notably in Beer and Spirits.
https://links.sgx.com/1.0.0/corporate-announcements/CHWPM0ZRPD343DKA/901036_Business_Update_9M26.pdf

—⭐️ *Banyan Group* delivered strong 1H2026 results, with revenue rising 14% to S$235.2 million, operating profit increasing 30% to S$56.2 million and PATMI jumping 51% to S$13.6 million, driven by strong growth in its Residences business.
https://links.sgx.com/1.0.0/corporate-announcements/2QZT1H70047IGQH2/901021_BTHL_Media%20Release%20Banyan%20Group%201H26%20Financial%20Updates_Final.pdf

— *Yanlord Land* saw 1H2026 revenue decline 33.3% to RMB6.20 billion and gross profit fall 58.1% to RMB1.26 billion, with a RMB151 million loss attributable to shareholders amid lower property development revenue and margins.
https://links.sgx.com/1.0.0/corporate-announcements/3N6F39UTL2NGDL36/900831_13-08-2026-Yanlord_Presentation_1H2026_Results.pdf

— *OxPay Financial* saw 1H2026 revenue surge 69% to S$3.85 million, although its net loss widened 8% to S$1.52 million as higher cost of sales and finance costs weighed on the bottom line.
https://links.sgx.com/1.0.0/corporate-announcements/TB7V4NB74JRGHQHR/900907_OxPay_1H2026_Final.pdf

— *ZICO Holdings* narrowed its 1H2026 loss after tax from continuing operations by 6.6% to S$1.5 million as it continued its strategic pivot towards regulated wealth, trust and capital markets businesses.
https://links.sgx.com/1.0.0/corporate-announcements/OLVO5ZN9Z8FT0MKS/900807_ZHI%20-%201H2026%20Results%20Press%20Release%20.pdf

— *Ossia International* reported 1H2026 revenue growth of 6.1% to S$19.1 million, but net profit attributable to shareholders fell 53.1% to S$0.37 million amid lower gross profit and other income.
https://links.sgx.com/1.0.0/corporate-announcements/RCEBMMCFQS2JNKFS/900808_OSIL%20Announcement_HYE2026_13%20August%202026.pdf

— *Hoe Leong* reported a sharp earnings improvement in 1H2026, with net profit attributable to shareholders rising to S$0.71 million from S$23,000 despite revenue declining 11.9% to S$18.4 million, helped by lower expenses and higher other income.
https://links.sgx.com/1.0.0/corporate-announcements/ONI2R9AIULZQVXIA/900824_HLC%20-%20Interim%20FS%201H%202026.pdf

— ^Pollux Properties* recorded 1H2026 revenue of S$6.84 million, up 2.8% YoY, while benefiting from substantially higher other income and lower finance costs during the period.
https://links.sgx.com/1.0.0/corporate-announcements/9JFPTWK3OM0A41BW/900826_1H2026%20POLLUX%20Results%20Announcement.pdf

— *Vallianz Holdings* reported 1H2026 revenue of US$60.0 million, down 70% YoY largely due to lower shipyard and newbuild management activity, while profit attributable to shareholders fell 91% to US$0.33 million.
https://links.sgx.com/1.0.0/corporate-announcements/EGJL9QA4LYGNU650/900836_VHL%20-%201HFY2026%20Results%20Announcement%2030%20June%202026.pdf

— *Megachem* released its H1 2026 results presentation. I was unable to reliably retrieve the underlying figures from the supplied SGX document, so I am leaving this unsummarised rather than risk giving you an inaccurate number.
https://links.sgx.com/1.0.0/corporate-announcements/2UWDEU6IT7QCKD2J/900842_Megachem%20Results%20Presentation%20H1%202026.pdf

— *SIIC Environment* posted resilient 1H2026 results, with revenue edging up 0.2% to RMB3.19 billion while net profit attributable to shareholders declined 5.5% to RMB325.2 million, as lower finance expenses partly cushioned margin pressure.
https://links.sgx.com/1.0.0/corporate-announcements/Z8E0BUIGRWP3AFKL/900868_SIIC%20-%201H2026%20Press%20Release%20-%20ENG.pdf

—👍 *ProsperCap* reported improving 1H2026 performance, with revenue rising 10.1% to S$129.3 million and gross profit increasing 13.2% to S$71.0 million, while its loss before tax narrowed 17.0% to S$14.7 million amid stronger hotel operating metrics.
https://links.sgx.com/1.0.0/corporate-announcements/BRJFE24FX6Z65I1T/900916_PPC-1HFY2026%20Results%20Presentation.pdf

— *Secura Group* reported 1H2026 revenue growth of 4.4% to S$27.3 million, but swung to a net loss of S$0.3 million from a S$0.5 million profit a year ago, as gross profit declined and operating expenses increased.
https://links.sgx.com/1.0.0/corporate-announcements/EW0NLGEX2ZZYGQGU/900945_Secura%20Group%20Limited%20-%201H%20FY2026%20results%20announcement.pdf

— *IFS Capital* posted a 13.2% increase in 1H2026 net interest income to S$16.2 million, supported by growth in its loans and leasing portfolio and lower borrowing costs, while insurance revenue rose 28.9% to S$12.1 million.
https://links.sgx.com/1.0.0/corporate-announcements/CF5NZ7BHGC6PKIB0/900948_SGX%20Results%20Announcement%201H%20FY2026_final.pdf

—👍 *Asian Pay Television Trust* reported 1H2026 revenue growth of 3.7% to S$115.7 million and EBITDA growth of 6.4% to S$63.0 million, with net profit at S$18.2 million, while reaffirming its FY2026 distribution guidance of 0.80 cent per unit.
https://links.sgx.com/1.0.0/corporate-announcements/E71B7CJNIHQ33CVF/900954_APTTPresentationQ22026.pdf

—⭐️ *TeleChoice International* reported 1H2026 revenue of S$296 million, with profit before tax nearly doubling by 92% to S$7.2 million as all its business divisions recorded revenue growth.
https://links.sgx.com/1.0.0/corporate-announcements/386950OAF5M0WKT9/900962_TCI%201H2026%20Results%20Press%20Release_Final.pdf

— *EC World REIT* saw 2QFY2026 gross revenue fall 40.1% to S$5.9 million and NPI decline 45.9% to S$4.3 million, with no income available for distribution and no distribution expected for FY2026.
https://links.sgx.com/1.0.0/corporate-announcements/K0BYOPDEN3S37MEU/900973_ECW-Results%20Presentation-2QFY2026.pdf

— *MindChamps PreSchool* reported 1H2026 revenue of S$26.2 million, down 13% YoY, while profit before tax declined 15% to S$2.2 million, partly cushioned by higher gains from corporate transactions.
https://links.sgx.com/1.0.0/corporate-announcements/C1K99U1Y4H8FQBIR/900981_1H%202026%20Result%20Announcement.pdf

—⭐️ *Hyphens Pharma* delivered strong 1H2026 results, with net profit surging 132.5% to S$4.6 million, supported by 17.9% growth in its Proprietary Brands business, record gross profit and margin, and net operating cash flow of S$9.2 million.
https://links.sgx.com/1.0.0/corporate-announcements/FDXFP954J1ZPD3W6/900989_Hyphens%20Pharma%20-%201H2026%20Results%20MR.pdf

—⭐️ *Nam Cheong* posted strong 1H2026 results, with net profit rising 82.9% to RM164.4 million and revenue increasing 25.2% to RM348.3 million, driven mainly by its shipbuilding segment and gains from vessel sales.
https://links.sgx.com/1.0.0/corporate-announcements/UBE8H1CC3GS832KG/900991_NCL%201H2026%20Press%20Release_Final.pdf

— *Goodwill Entertainment* grew 1H2026 revenue 9.5% to S$26.4 million, supported by regional expansion and a 28.1% increase in Live Show revenue, although start-up costs from new outlets contributed to a S$0.6 million attributable loss.
https://links.sgx.com/1.0.0/corporate-announcements/ABFLLN2SV5JKGUZZ/901018_GEHL%20-%201HFY2026%20Results%20PR%20-%20FINAL_cln_2026.08.13.pdf

— *Thakral Corporation* released its 1H2026 results presentation, but the supplied SGX PDF could not be reliably retrieved, so I am leaving the figures unsummarised rather than risk inserting incorrect data.
https://links.sgx.com/1.0.0/corporate-announcements/ZE9FS76Z7E8B5XAS/901024_ThakralCorp_PPT_1H2026_20260813.pdf

—👍 *InnoTek* reported 1H2026 gross profit rising 3.7% to S$14.4 million and EBITDA increasing 9.0% to S$7.5 million despite revenue slipping 3.0%, while maintaining a strong S$66.8 million net cash position and expanding into AI servers, liquid cooling and humanoid robotics, with financial contributions from its transformation expected to become increasingly meaningful from FY2027.
https://links.sgx.com/1.0.0/corporate-announcements/UK0XIMS54U25IVU7/901033_InnoTek_1H2026%20Results%20Press%20Release.pdf

—👍 *AsiaMedic* narrowed its 1H2026 net loss by 93% to S$40,000, as core diagnostic imaging revenue grew 22% to S$13.0 million.
https://links.sgx.com/1.0.0/corporate-announcements/CVLWP826RLTHY3XP/901054_AsiaMedic%20Limited%20-%201H2026%20Press%20Release.pdf

—👍 *Winking Studios* reported 1H2026 revenue rising 21.1% to US$23.5 million, with underlying organic growth of 8.9% and US$51.6 million of indicative customer bookings over the next 24 months.
https://links.sgx.com/1.0.0/corporate-announcements/1W0JK27ACN9BTFMS/901075_2.%20Winking%20Studios%20Limited%20-%201H2026%20Results%20Presentation.pdf

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*Other news*

—💡 *Sunpower Group* announced that there may be a potential transaction involving its shares, while stressing that no decision has been made and there is no certainty that any transaction will materialise.
—⭐️ *Seatrium* signed a Letter of Intent with repeat customer Golar LNG for a third FLNG conversion project, further extending the companies’ partnership in floating LNG infrastructure.

 —⭐️ *OKP Holdings* secured a S$90.6 million LTA contract for enhancements to the Dawson Road network, including a new extension of Kay Siang Road and widening works along Tanglin and Kay Siang Roads, with the 42-month project commencing in August 2026.

—👍 *Yangzijiang Maritime* secured new agreements to finance four vessels worth an aggregate US$42.2 million, providing contracted recurring income over lease periods ranging from three months to eight years and supporting predictable cash flows.

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*Earnings Calendar:*

14 /8 - Mewah, Haw Par, CNMC Goldmine, Winking Studio

19 /8 - SATS

26 /8 - Micro-Mechanics

27 /8 - ASL Marine, Karin

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Sources:

www.sgx.com  , www.investing.com , www.theedgesingapore.com

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Rgds, Dan

https://www.phillip.com.sg/talktophillip/danccs/

https://tinyurl.com/dan-disclaimer

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#danccs