Explanation of the corporate events: User Manual
Corporate Updates - Singapore Exchange (SGX)
2024-12-20
Category: Corporate Updates
Frequency: Daily
Daily compilation of corporate updates and activities on SGX listed companies.
| Date | Company | Major Action | Recent Events |
|---|---|---|---|
| 19 Dec, 2024 | OUE Healthcare | Acquired a 60% stake in Rehab Matters Private Limited. Rehab Matters, a physiotherapy provider, specialises in medical-directed fitness and cardiopulmonary rehabilitation. | Merger & Acquisition |
| 19 Dec, 2024 | Addvalue Technologies | Won a US$1.5 million order from a repeat customer, The order is to supply its own software defined and radio frequency communication modules, part of its advanced digital radio-related business. | Contract Awarded |
| 19 Dec, 2024 | Salt Investments | Exploring the acquisition of a majority stake in marine lubricant supplier TT Oil (Singapore). | Merger & Acquisition |
| 19 Dec, 2024 | Yeo Hiap Seng | Receive a $32 million exit compensation after Oatly terminates a 2019 co-packing agreement. As a result, Yeo Hiap Seng will stop production of oat milk and will lay off 25 employees. However, YHS will continue to distribute Oatly products in Singapore and Malaysia. | Termination |
| 18 Dec, 2024 | Koh Brothers Eco Engineering | Won a new contract from a public sector customer. | Contract Awarded |
| 18 Dec, 2024 | Asia-Pacific Strategic Investments | Entered into a cooperation agreement with the Vice President, Coordinating Minister for Economic Affairs, Minister of Tourism and Environment of Timor-Leste for the operation and management of Oecusse Airport and Suai Airport | Expansion Plan |
| 18 Dec, 2024 | GHY Culture & Media | Entered into a sale and purchase agreement for the acquisition of a 95% stake in Orita Sinclair School of Design and Music (Orita Sinclair) for SGD 3.04 million. | Merger & Acquisition |
| 18 Dec, 2024 | Sembcorp Industries | Received a letter of award for a 150MW solar photovoltaic project in India. The built-own-operate project, awarded by the Solar Energy Corporation of India (SECI), includes a battery energy storage system (BESS) of 300MW. | Operation Updates |
| 18 Dec, 2024 | Mary Chia Holdings | Entered into a debt capitalisation agreement (DCA) with Ho Yow Ping (Wendy Ho), Suki Sushi Planhouse Deco, and Su Jun Ming for the proposed debt conversion and issue of 95,956,468 shares at a price of 2.1 cents per conversion share. | Restructuring |
| 18 Dec, 2024 | Singapore Technologies Engineering (ST Engineering) | Won $180 million in contracts for its Urban Solutions and Satcom (USS) business to provide its latest communications system, Supervisory Control and Data Acquisition (SCADA) system and AGIL Platform Screen Door (PSD) solution — for Bangkok’s new 35.9-kilometre metropolitan rapid transport (MRT) Orange Line. | Contract Awarded |
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