Spindex Industries

SINGAPORE (Apr 11): Spindex Industries announced that its wholly-owned subsidiary, Spindex Precision Technologies (Nantong) Co has acquired a 50 year leasehold land in Nantong Jiangsu, China for about CNY 20.7 million ($4.2 million).

SINGAPORE (June 4): Spindex Industries is surrendering its lease at its industrial property at 6 Neythal Road, which is located in the Jurong West region of Singapore, to JTC Corporation for $3.7 million after accounting for reinstatement costs. 

SINGAPORE (Feb 27): There has been a spate of buying at Spindex Industries by an individual who emerged as a substantial shareholder in the company, immediately after Spindex’s management announced its buyout plan.

SINGAPORE (March 6): A new bidder looks set to enter the battle to take control of Spindex Industries, challenging the founding family for control over the homegrown manufacturer of precision machined parts and assemblies.

SINGAPORE (Feb 24): There has been a spate of buying at Spindex Industries by an individual who emerged as a substantial shareholder in the company, immediately after Spindex’s management announced its buyout plan.

SINGAPORE (June 24): The Brexit referendum has grabbed investors’ attention in the past week. And, we will be scrutinising the global financial markets intently to see how they will react to the aftermath. Amid this backdrop, we have identified some nov