boldtek holdings

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Boldtek Holdings expects net loss and net liability for FY2023

This is mainly due to subsidiary Logistics Construction being in the process restructuring and having been granted moratorium.

Company in the news

Boldtek to divest wholly-owned subsidiary to Malaysian businessman

The consideration to be paid for Logistics Construction will be a “fair” number to be agreed between the parties.
Neo and wife assume substantial stake in JV partner Boldtek in married deal - THE EDGE SINGAPORE

Neo and wife assume substantial stake in JV partner Boldtek in married deal

Founder and CEO of Neo Group and wife take 8.21% stake in Boldtek; Standard Life Aberdeen trims Yoma Strategic stake to 5.998%.
Boldtek's share surge may be attributable to off-market transaction by Neo Group founder - THE EDGE SINGAPORE

SGX query

Boldtek's share surge may be attributable to off-market transaction by Neo Group founder

Shares in Boldtek closed 2 cents higher or 27.8% up at 9.2 cents on April 6.
Boldtek Holdings subsidiary to purchase residential property at No. 8 Lorong 25A Geylang Road for $26.5 mil - THE EDGE SINGAPORE

Property

Boldtek Holdings subsidiary to purchase residential property at No. 8 Lorong 25A Geylang Road for $26.5 mil

An initial deposit of $200,000 has been paid on Dec 21, 2020.

M&A

Boldtek enters into joint venture with Neo Group to go into property business

The JV Company, which will be set up following the JVA, will have an initial issued and paid-up share capital of $1 million divided into one million shares, of which Boldtek Holdings and Neo Group Limited will own 50% each.
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