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elektromotive group ltd (LEX) Snapshot

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52 Week High
12/27/13 - $0.03
52 Week Low
05/15/14 - $0.0090
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Average Volume 10 Days
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elektromotive group ltd (LEX) Details

Elektromotive Group Limited, an investment holding company, designs, manufactures, sells, installs, operates, and maintains a range of electrobays for electric and plug-in hybrid vehicles. It is also engaged in the publishing and sale of periodicals and magazines. The company publishes approximately 10 titles in various languages primarily in Singapore and Malaysia. In addition, it is involved in the exhibition and events business. The company was formally known as The Lexicon Group Limited and changed its name to Elektromotive Group Limited in July 2011. Elektromotive Group Limited was incorporated in 1994 and is based in Singapore.

64 Employees
Last Reported Date: 07/15/14
Founded in 1994

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elektromotive group ltd (LEX) Key Developments

Elektromotive Group Limited, Annual General Meeting, Jul 30, 2014

Elektromotive Group Limited, Annual General Meeting, Jul 30, 2014., at 10:30 Singapore Standard Time. Location: The National University of Singapore Society (NUSS), Suntec City Guild House. Agenda: To receive and adopt the directors report and audited accounts of the company for the year ended 31 March 2014 and the auditors report thereon; to approve the payment of directors fees for the financial year ended 31 March 2014; to re-elect directors; to appoint Nexia TS Public Accounting Corporation as the company's auditors and to authorize the directors to fix their remuneration; to transact any other ordinary business that may properly be transacted at an annual general meeting; to consider issue of shares in the capital of the company; and to authorize directors to grant awards in accordance with the provisions of company’s performance share plan and to deliver existing shares.

Elektromotive Group Limited, Special/Extraordinary Shareholders Meeting, Jul 30, 2014

Elektromotive Group Limited, Special/Extraordinary Shareholders Meeting, Jul 30, 2014., at 11:00 Singapore Standard Time. Location: The National University of Singapore Society (NUSS), Suntec City Guild House. Agenda: To consider the proposed adoption of the share purchase mandate; to consider the proposed adoption of the elektromotive employees' share option scheme 2014; to consider the proposed participation of, and grant of options to, the relevant directors under the ESOS 2014; and to consider the proposed offer and grant of options at a discount.

Elektromotive Group Limited Reports Unaudited Group Earnings Results for the Year Ended March 31, 2014

Elektromotive Group Limited reported unaudited group earnings results for the year ended March 31, 2014. For the period, the company’s revenue was SGD 7,095,000 against SGD 7,360,000 a year ago. Loss before income tax was SGD 2,764,000 against SGD 3,587,000 a year ago. Loss from continuing operations was SGD 2,779,000 against SGD 3,578,000 a year ago. Loss attributable to equity holders of the company was SGD 2,863,000 against SGD 3,422,000 a year ago. Net cash used in operating activities was SGD 2,118,000 against SGD 4,709,000 a year ago. Purchase of property, plant and equipment was SGD 34,000 against SGD 172,000 a year ago. Purchase of intangible assets was SGD 685,000 against SGD 546,000 a year ago. Diluted loss per share was 0.28 cents against 0.09 cents a year ago. Net asset value based on existing issued share capital as on March 31, 2014 was 1.36 cents against 0.19 cents as on March 31, 2013. The decrease in revenue was due mainly to drop in publishing revenue as a result of the cessation of a magazine title during the year under review.


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