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scheme of arrangement
In print this week
Yinson to the rescue
Why Bursa Malaysia-listed Yinson is playing white knight to Ezion, the provider of liftboats and support vessels which is sinking from debt
March 06, 2020
Broker's Calls
OCBC says Soilbuild REIT has undemanding valuations, but still lacks catalysts
SINGAPORE (May 31): OCBC Investment Research is maintaining “hold” on Soilbuild Business Space REIT (SB REIT) with an unchanged fair value of 62 cents as the REIT continues to await rent payment due from its master lease tenant, NK Ingredients.
May 31, 2019
Stratech to receive funds from controlling shareholders, plans to propose scheme of arrangement
SINGAPORE (Jan 19): The controlling shareholders of Stratech Group have received funding via the refinancing of their personal property from investment fund manager, Boulevard Capital Partner.
January 19, 2018
M&A
GLP shareholders vote in favour of $16 bil privatisation deal
SINGAPORE (Nov 30): Global Logistic Properties (GLP) says its proposed $16 billion acquisition by Nesta Investment Holdings and subsequent privatisation has been approved on the back of “overwhelming shareholder support”.
November 30, 2017
TEE International CEO Phua fails to push through privatisation scheme
SINGAPORE (Aug 22): The proposed privatisation and delisting of TEE International by its group CEO has fallen through when put to the vote at a postponed meeting with shareholders on Monday.
August 22, 2017
Results
Swee Hong posts 1H17 turnaround with $27.4 mil net profit
SINGAPORE (Feb 14): Swee Hong has announced its second consecutive quarter of profitability with 2Q17 earnings of $2.1 million from its $5.5 million loss a year ago – which brings the civil engineering group’s net profit for 1H17 to $27.4 million, com
February 14, 2017
Singapore court sanctions Temasek’s scheme of arrangement for SMRT
SINGAPORE (Oct 17): SMRT Corporation on Monday announced that Singapore’s High Court has sanctioned the scheme of arrangement for Temasek Holding’s buyout of the transport operator through its wholly-owned subsidiary.
October 17, 2016
Hearing for Serrano’s proposed scheme of arrangement fixed on Friday
SINGAPORE (Sept 6): Serrano says the court hearing for its proposed scheme of arrangement has been fixed for Friday, Sept 9, at 2.30pm.
September 06, 2016