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3 Quick Facts about Soilbuild

soilbuild logo Soilbuild Construction Group Limited (SGX: S7P) is an integrated property group with experience in constructing, developing and managing a portfolio of residential and business space properties.  Here are three quick facts about them.

1. Soilbuild, which debuted on the Singapore Exchange on 27th May 2013, saw its net profit for first-half year of 2013 rise 72% to $9.6 million.

2. Soilbuild will be spinning-off seven business and industrial properties in Singapore into a real estate investment trust called Soilbuild Business Space REIT. The initial public offering was priced at $0.78 and it is slated to start trading on 16 August 2013.

3. For the first half-year of 2013, an interim dividend of 0.50 Singapore cents per share was declared. This represents 42.4% of Soilbuild’s earnings per share of 1.18 Singapore cents. Soilbuild went ex-dividend on 12th August 2013 and the dividends will be credited to shareholders’ accounts on 21st August 2013.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice.  Motley Fool Singapore contributor Sudhan P doesn’t own shares in any companies mentioned.