Last Price Today's Change   Day's Range   Trading Volume
0.127   0.00 (0.00%)  0.00 - 0.00  0


Avg Volume (4 weeks):0
Average Price Target:-


Date Subject
13-Feb-2019 Far East Hospitality Trust - Q4 FY18 Operational Performance Improves Again!

Business Background

Far East Group Limited manufactures, trades in, and supplies refrigeration and air-conditioning systems and products for the heating, ventilation, air-conditioning, and refrigeration industry. It operates through three segments: Residential and Commercial (Air-Conditioning); Commercial and Light Industrial (Refrigeration); and Oil, Marine, and Gas (Refrigeration and Air-Conditioning). The Air-Conditioning segment sells and distributes air-conditioning materials primarily consisting of copper pipes, copper tubes, closed cell insulation pipes and sheets, PVC trunkings, electrical wires, and refrigerants. The Refrigeration segment sells refrigeration component parts, including compressors, condensers, condensing units, multiple compressor racks units, electronic controls, energy management solutions, and service equipment and tools, as well as a range of thermal heat exchangers comprising evaporators, condensers, and custom coils. The Refrigeration and Air-Conditioning segment sells and distributes heat exchangers and packaged condensing units installed in onboard ships, vessels, and oil rigs, which are primarily used to preserve food and other perishables, as well as to provide air-conditioning for the living and working spaces of the vessel’s crew. The company also manufactures and distributes heat exchangers and condensing units under the Eden brand; and provides consultancy, system design, repair and maintenance, and after-sales support services related to cooling and refrigeration systems, as well as offers agency products and energy saving solutions. It offers its products to distributors, dealers, and refrigeration and air-conditioning contractors. The company operates in Singapore, Malaysia, Indonesia, Hong Kong, Macau, the People’s Republic of China, Vietnam, Myanmar, Cambodia, and internationally. The company was founded in 1953 and is headquartered in Singapore. Far East Group Limited is a subsidiary of Universal Pte. Ltd.

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