disposal

SINGAPORE (Nov 17): Genting Hong Kong will further dispose of 5 million shares in Norwegian Cruise Lines Holdings (NCLH) after having already sold 7.5 million shares or a 3.29% stake in the cruise line, to third party investors in August.

SINGAPORE (June 11): Artivision Technologies has entered into an agreement to sell Dr Ofer Miller, its Executive Director and CTO, its entire stake in subsidiary Artimedia for $5 million.

SINGAPORE (May 19): Directory publisher Global Yellow Pages is selling 80% of its 100% shareholding in eFusion Solutions, a provider of direct and channel marketing services, to Samara Ventures for a cash consideration of $1.2 million.

SINGAPORE (Feb 6): DBS Vickers Securities and Maybank Kim Eng are maintaining their “hold” recommendations on SIA Engineering Company (SIAEC) at the respective target price estimates of $3.58 and $3.70.

SINGAPORE (Feb 3): SIA Engineering Company (SIAEC) has announced earnings of $52.6 million for the third quarter of FY17, 6.5% higher than its earnings of $49.4 million a year ago.

SINGAPORE (Dec 23): The managers of Parkway Life REIT has sold four nursing homes in Japan for a total sale consideration of ¥3.72 billion ($48.9 million) to Fortress Japan Investment.

SINGAPORE (Dec 22): Mencast Holdings, the regional MRO solutions provider for the offshore, oil & gas and marine sector, is disposing industrial property at 11 Tuas Basin Close.

SINGAPORE (Dec 21): Redenomination of the rupiah (IDR) is back on the cards for Indonesia, revealed the country’s central bank governor, Agus Martowardojo, on Monday.

SINGAPORE (Dec 1): Global Logistic Properties announced that it is selling GLP Narita for US$72 million ($103 million) to a private equity fund,

SINGAPORE (Nov 24): Chew’s Group posted $27.9 million in earnings for FY16, compared with earnings of $2.1 million in FY15.