Q4 and 2010 reporting season is gaining momentum. As I was scanning through the SGX website, I noticed an announcement from Juken titled Profit Guidance and Corporate Update. I was expecting the worse but was pleasantly surprised that both the guidance and corporate update were upbeat.
On the Corporate Update - Juken announced that it has a fair value adjustment with negative goodwill of S$4.7mn with S$4mn likely to be recognised in FY2010 after some expenses.
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