Last $0.05 SGD
Change Today -0.003 / -6.25%
Volume 864.0K
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As of 4:53 AM 09/23/14 All times are local (Market data is delayed by at least 15 minutes).

unionmet singapore ltd (UMS) Snapshot

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09/25/13 - $0.11
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unionmet singapore ltd (UMS) Details

Unionmet (Singapore) Limited, an investment holding company, is engaged in manufacturing and trading non-ferrous metals in Singapore and internationally. The company offers indium ingots, which are used in coatings for the flat panel display industry, as well as a raw material for solar energy technology. It also provides by-products comprising zinc ingots that are used in manufacturing galvanizing steel, brass and zinc casting alloys, and alkaline and carbon-zinc batteries; zinc carbonate, which is used as a raw material for the manufacturing of latex products and catalysts in the production of calamine or as skin protectant; and zinc sulphate that are primarily used to produce synthetic fibers, pesticides, and fertilizers. The company offers its by-products under the UnionZinc brand name. In addition, it trades ferrous and precious metals; kaolin and barite; and coal and coke products. The company primarily serves traders, consumer electronics manufacturers, ITO producers, and low melting point alloy producers. Unionmet (Singapore) Limited was founded in 1999 and is headquartered in Singapore.

Founded in 1999

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unionmet singapore ltd (UMS) Key Developments

Unionmet (Singapore) Limited Announces Executive Changes

The Board of Directors of Unionmet (Singapore) Limited announced the appointment of Yeo Poh Noi Caroline as Secretary of the company in place of Busarakham Kohsikaporn with effect from July 31, 2014.

Unionmet (Singapore) Limited Announces Unaudited Consolidated Earnings Results for the Second Quarter Ended May 31, 2014

Unionmet (Singapore) Limited announced unaudited consolidated earnings results for the second quarter ended May 31, 2014. For the quarter, the company's revenue was $5,956,000 compared to $5,439,000 a year ago. Revenue from the continuing operations grew slightly by 9.5%, mainly due to trading in aluminium and zinc and their related products. Loss before tax was $2,197,000 compared to $311,000 a year ago. Loss after tax was $2,197,000 compared to $311,000 a year ago, mainly due to the one-off loss incurred on the Disposal. Net loss attributable to owners of the company was $2,197,000 compared to profit attributable to owners of the company of $300,000 a year ago. Loss after tax from continuing operations attributable to owners of the company was $2,197,000 compared to $311,000 a year ago. Net cash flows used in operating activities was $4,474,000 compared to $672,000 a year ago. Based on a fully diluted basis loss per share was 0.35 cents compared to earnings per share of 0.05 cents a year ago.

Unionmet (Singapore) Limited, USP Industrial Pte Ltd Enter into Memorandum of Understanding with Institute of Chemical & Engineering Sciences

Unionmet (Singapore) Limited announced that its subsidiary, USP Industrial Pte Ltd. entered into a memorandum of understanding with Institute of Chemical & Engineering Sciences ("ICES") to work together on research and development activities in the oil blending business within "Technology for Enterprise Capability Upgrading Initiative".


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