July 14, 2014 1:03 AM ET

Electronic Equipment, Instruments and Components

Company Overview of WBL Corporation Limited

Company Overview

WBL Corporation Limited, an investment holding company, engages in the technology, automotive, property development, and engineering and distribution businesses. Its Technology segment manufactures a range of electronic interconnect solutions, such as flexible printed circuits and printed circuit boards. This segment also engages in the manufacture of die-cast precision parts and components; and provision of contract assembly for original equipment manufacture customers in the telecommunication, computer, consumer electronics, automotive, and industrial electronic industries. The company’s Automotive segment distributes passenger vehicles; provides after sales services; and leases and sells ...

Wearnes Building

No. 07-00

801, Lorong 7 Toa Payoh

Singapore,  319319

Singapore

Founded in 1906

Phone:

65 6533 3444

Fax:

65 6534 1443

Key Executives for WBL Corporation Limited

Chief Executive Officer of Property - China
Chief Executive Officer of Automotive
Chief Executive Officer of Engineering
Age: 57
Managing Director of Wearnes Precision
Group Chief Strategy Officer
Age: 42
Compensation as of Fiscal Year 2014.

WBL Corporation Limited Key Developments

WBL Corporation Limited Reports Unaudited Group Earnings Results for the Seven Months Ended December 31, 2013

WBL Corporation Limited reported unaudited group earnings results for the seven months ended December 31, 2013. For the period, the group reported operating loss before interest of $112,904,000 on revenue of $1,365,069,000. Operating loss before interest was mainly due to gross losses arising from excess manufacturing capacity by Multi-Fineline Electronix Inc. as a result of lower net sales, losses by the Property division as well as impairment loss taken up by the Group to adjust its carrying value in Multi-Fineline Electronix Inc.'s assets to the recoverable amount. These losses were partially offset by profits from its other business divisions.

WBL Corporation Limited Announces Consolidated Earnings Results for First Quarter Ended Dec. 31, 2013

WBL Corporation Limited announced consolidated earnings results for first quarter ended Dec. 31, 2013. For the quarter, the company reported net sales of SGD 211,672,000, operating loss of SGD 8,210,000, net loss of SGD 9,279,000 or SGD 0.39 per diluted share, net cash provided by operating activities of SGD 8,279,000, purchases of property and equipment of SGD 6,563,000, NON-GAAP net loss of SGD 8,870,000 or SGD 0.37 per diluted share, compared to the net sales of SGD 289,650,000, operating income of SGD 10,461,000, net income of SGD 8,348,000 or SGD 0.35 per diluted share, net cash provided by operating activities of SGD 28,457,000, purchases of property and equipment of SGD 15,913,000, NON-GAAP net income of SGD 9,235,000 or SGD 0.38 per diluted share, for the same quarter a year ago.

WBL Corporation Limited Changes Financial Year End from Sep. 30, 2013 to Dec. 31, 2013

WBL Corporation Limited has changed its financial year end from 30 Sep. 2013 to 31 Dec. 2013. Full year results cover a 12-month period from 01 Jul. 2013 to 30 Sep. 2013.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 19, 2013
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