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reverse takeover (RTO)
M&A
Citicode shareholders approve RTO of Livingstone Health, trading suspension to begin Feb 2
Trading of the company’s shares following the consolidation is expected to resume trading at 9am on Feb 8.
January 22, 2021
M&A
Fabchem China to acquire over 71% shares in Renewable Power Management for $22 mil; to move to Catalist board following proposed acquisition
Fabchem China says it will appoint a Catalist sponsor as the financial adviser for the proposed acquisition.
October 12, 2020
Corporate moves
Citicode gets new lifeline via RTO deal with Livingstone
Citicode gets new lifeline via RTO deal with Livingstone
September 04, 2020
REITs
BHG Retail REIT to acquire Beijing mall for $455 mil in RTO deal
SINGAPORE (Dec 3): The manager of BHG Retail REIT is acquiring the property known as Badaling Outlets in Beijing, China, for $455 million.
December 03, 2019
Corporate moves
GCCP Resources in $220.3 million Indonesian palm oil RTO deal
SINGAPORE (Oct 11): GCCP Resources, a Malaysian calcium carbonate quarry company, is buying an Indonesian palm oil company PT Arjuna Utama Sawit in a reverse takeover deal worth $220.3 million.
October 11, 2019
M&A
Global Invacom cancels $280 mil acquisition of Tactilis due to 'difficulties' meeting agreement terms
SINGAPORE (April 22): Global Invacom, has cancelled its proposed US$200 million ($280 million) acquisition of Tactilis due to “difficulties in fulfilling all of the conditions precedent” in the sale purchase agreement (SPA) it signed with the vendor l
April 22, 2019
M&A
EMS Energy morphing into Vietnamese ship repairer in $16.6 mil RTO deal
SINGAPORE (Jan 3): EMS Energy, whose shares have been suspended three years ago, could have finally resolved its business viability issues through the proposed reverse takeover of a Vietnamese ship repairer.
January 03, 2019
Update
Artivision seeks extension of long stop date for reverse takeover of e-payment solutions firm
SINGAPORE (Jan 2): Artivision Technologies has signalled a delay in its plans to acquire a 100% stake in e-payment solutions provider Mobile Credit Payment (MC Payment), as the group is now in discussions to extend the long stop date of its acquisition, w
January 02, 2019
M&A
CPH morphing into SME lender in $62 mil RTO deal with oCap
SINGAPORE (Nov 22): PCB manufacturer CPH is transforming into an alternative financing provider for SMEs via a reverse takeover of oCap.
November 22, 2018
M&A
Epicentre eyes entry into regional property in RTO plan; ditches Apple reseller business, proposed rights issue
SINGAPORE (June 28): Loss-making Apple reseller Epicentre Holdings has entered into a memorandum of understanding to acquire two regional property companies for a total of $400 million.
June 28, 2018