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disposal
M&A
Matex International to fully dispose stake in Matex Chemicals for $1.3 mil
The proposed disposal will enable Matex International to recover the intercompany loans of RMB57.9 million.
April 07, 2021
M&A
IHH Healthcare mulls sale of education arm
Deliberations are ongoing and there is no certainty that IHH will proceed with a transaction, according to insiders.
March 05, 2021
Company in the news
Ezion disposes mortgaged vessel for US$18.5 mil
The gain generated is estimated to be at US$1.4 million.
March 05, 2021
Offshore & Marine
FSL Trust to sell two LR2 product tanker newbuildings
FSL Trust says it has received the initial 15% deposit in escrow.
February 17, 2021
M&A
Hengyang Petrochemical Logistics and CEO Gu dispose of stake in Jiangsu entity for $4.3 mil
The gain upon completion is expected to be RMB5,592.
January 11, 2021
Company in the news
Sunpower disposes manufacturing and services business for $463.0 mil
The company says it intends to declare a special dividend of about RMB1.34 billion to its shareholders.
January 01, 2021
Company in the news
Koufu sells stake in PT Super Tea Indonesia for $0.4 mil
As at 9.42am, shares in Koufu are trading flat at 68 cents.
December 31, 2020
Company in the news
Boustead Singapore sells wholly-owned subsidiary to Chip Eng Seng subsidiary for $7.28 mil
The disposal is expected to have a positive impact on Boustead Singapore’s EPS for the current FY ending March 31, 2021.
December 31, 2020
M&A
Japfa disposes 80% stake in Greenfields Dairy for $393.9 mil
Earnings per share (EPS) for FY2019 ended December would have been 19.05 US cents instead of 6.45 US cents.
December 07, 2020
Mining
Golden Energy and Resources disposes 4 mil shares in Westgold Resources for A$9 mil
The disposal was completed via an on-market sale on Friday (July 3).
July 06, 2020