Sing Holdings FY2025 profit explodes to S$142.3m on North Gaia, with 5‑cent dividend and 1‑for‑4 bonus issue
Summary:
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Profit attributable to shareholders jumped more than 14x to S$142.3 million for FY2025, with S$138.2 million earned just in 2H 2025, mainly from revenue recognition at the North Gaia EC project.
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Net asset value per share rose 45% from 79.33 cents to 114.78 cents, reflecting retained earnings from the record year.
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The Board proposes a total cash dividend of 5.0 cents per share (final 1.0 cent plus special 4.0 cents), subject to approval at the AGM.
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A 1‑for‑4 bonus share issue is also recommended, pending shareholder and regulatory approvals, to signal growth and broaden the shareholder base.
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Future growth will be driven by a new large-scale residential project at Chuan Grove (GFA ~979,924 sq ft, >1,000 units plus retail), with construction targeted to start in 2H 2026, alongside continued optimisation of the Travelodge Docklands hotel in Melbourne.