Supratechnic Group

SINGAPORE (Jan 24): mDR is paying $1.2 million for a 14.25% stake in another listed entity USP at a discount of 85.5% to the target’s net asset value.

SINGAPORE (July 29): USP Group swung to a FY17 net loss of $3.6 million from a profit of $0.4 million a year ago due to higher cost of sales and an increase in general and administrative expenses after its recent acquisitions.