Corporate News - Singapore Exchange (SGX)
2022-06-25
Category: Corporate Development
Frequency: Daily
Daily compilation of corporate updates and activities on SGX listed companies. Track corporate activities such as contract awarded, disposal, merger & acquisition, private placement, rights issue, restructuring, regularisation plan, etc., and study corporate development with ease by using the filter.
Daily compilation of corporate news and activities on SGX listed companies. Track corporate activities such as contract awarded, disposal, merger & acquisition, private placement, rights issue, restructuring, regularisation plan, etc., and study corporate development with ease by using the filter.
| Date | Company | Major Action | Recent Events |
|---|---|---|---|
| 24 Jun, 2022 | First Ship Lease Trust | Dispose of a 19,966 DWT chemical tanker. | Disposal |
| 24 Jun, 2022 | Boustead Projects | Acquired the property at 28 & 30 Bideford Road from SC Aetas Holdings for SGD 515 million after the latter was placed under creditors’ voluntary liquidation. The property has been developed as an 18-storey mixed development with a site area of 2,006.9 sqm with a gross floor area (GFA) of 14,637.89 sqm. | Merger & Acquisition |
| 23 Jun, 2022 | JB Foods Limited | Expands to Ivory Coast with plans to build a new cocoa processing facility. | Expansion Plan |
| 23 Jun, 2022 | AIMS Property Securities Fund | AIMS Investment Group is seeking to acquire all the units in AIMS Property Securities Fund with a cash offer of A$1.25 ($1.20) per unit. | Privatisation |
| 22 Jun, 2022 | Lion Asiapac Limited | Expand its quicklime business by investing in a new hydrated lime plant to be built in Banting, Selangor, Malaysia. The construction of the hydrated lime plant with a production capacity of 6,000 metric ton per month is expected to complete within 8 months. Cost and Funding of the Project. The total capital expenditure for the Project is estimated at RM12 million | Expansion Plan |
| 21 Jun, 2022 | Hengyang Petrochemical Logistics | Jiangyin Foreversun Chemical Logistics will acquire a 49% stake of Odfjell Nangang Terminals (Tianjin), currently valued at RMB 342 million ($70.9 million), which puts the 49% stake at RMB 167.6 million. The consideration for the sale will be a nominal value of RMB 10, and Jiangyin Foreversun Chemical will take over the corporate guarantee with regard to a RMB 667 million loan owed to a financial institution in China. | Merger & Acquisition |
| 20 Jun, 2022 | Singtel | Globe Board, a joint venture company of Singapore Telecommunications (Singtel) and Ayala Corporation expects to raise up to 32 billion pesos ($826.8 million) via rights issue. | Cash Call |
| 20 Jun, 2022 | Livingstone Health | Signed a memorandum of understanding (MOU) with Australian Securities Exchange (ASX)-listed Osteopore to further develop the utilisation of 3D-printed micro-structures for bone and tissue healing and regeneration. | Operation Updates |
| 20 Jun, 2022 | Keppel DC REIT | Entered into two conditional transactions to acquire two data centre facilities on a fully-fitted basis in Guangdong, China, for a total consideration of RMB1.38 billion ($297.1 million). Both data centres have a total gross floor area of 440,462 sqft. | Merger & Acquisition |
| 17 Jun, 2022 | Moya Holdings Asia Limited | Moya Holdings Asia, in a consortium with PT Pembangunan Perumahan (Persero), has been awarded some that were put up for tender by Badan Pengusahaan Batam or BP Batam which is the Batam Free Trade Zone and Free Port Authority, an Indonesia government agency. These projects include the operation and maintenance of the upstream water supply system and downstream water supply system in Batam. The projects will have a 15-year concession period after the handover date of operation and maintenance from BP Batam. | Operation Updates |
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