Welcome!
extraordinary general meeting (EGM)
REITs
ARA Logos Logistics Trust to raise $50 mil through private placement of 90.5 mil new units
The number of new units represents an increase of some 8.3% of the total number of units currently in issue.
November 02, 2020
Equity raising
SunMoon Food enters into interest-free loan agreement and placement agreement with Jiangzhong Shiliao Technology
Under the loan agreement, Jiangzhong Shiliao will loan RMB34.9 million ($6.9 million) interest-free to SunMoon Food Company.
October 28, 2020
REITs
CMT and CCT proposed merger given green light by unitholders
The merger is expected to take place on October 21. CCT’s last day of trading is expected to be on October 16.
September 29, 2020
Company in the news
Axington's Obama-inspired EGM postponed; independent director resigns
In a filing on August 28, Axington’s board says that it requires “more time” to conduct an internal assessment of the circumstances and the strategic plans of the company in light of recent developments in the media.
August 28, 2020
M&A
FLT, FCOT unitholders vote overwhelmingly in favour of merger to create $5.7 bil behemoth
For FLT, some 99.85% of unitholders voted for the merger, while 98.61% of FCOT’s unitholders were in favour of the merger.
March 11, 2020
Offer
Challenger founder Loo falls narrowly short in privatisation bid
SINGAPORE (June 27): Loo Leong Thye, the founder, executive director and chief executive officer of Challenger Technologies, has failed in his bid to voluntarily delist the consumer electronics retailer.
June 27, 2019
Corporate moves
Chew's Group seeking approval for name change and business diversification
SINGAPORE (Jan 9): Chew’s Group on Tuesday will hold an extraordinary general meeting (EGM) to propose a company name change to OneApex, diversification of its business and adoption of the IPT (interested personal trasanctions) general mandate.
January 09, 2019
Alliance Mineral shareholders voted for Tawana acquisition, non-executive remuneration, dual listing
SINGAPORE (Sept 24): Alliance Mineral today announced the results of its extraordinary general meeting (EGM), which was held on Friday, Sept 21.
September 24, 2018
In print this week
Will VARD be able to convince its shareholders to say yes to it delisting?
SINGAPORE (May 11): VARD Holdings announced on May 10 that it would submit an updated draft circular for its delisting proposal to the Singapore Exchange for a review. Its major shareholder Fincantieri Oil & Gas has also extended the deadline for the 25 c
May 11, 2018
Broker's Calls
Does mDR warrant a second look ahead of expansion into new businesses?
SINGAPORE (Apr 24): NRA Capital says mobile phones distributor mDR could soon be more exciting, as it buys into future growth with a change in business direction.
April 24, 2018