Global Invacom

The contract value is not disclosed

(June 26): Global Invacom, the global provider of satellite communications equipment, says Rai Radiotelevisione italiana (Rai), the Italian national public broadcasting company, has successfully live-tested mobile TV broadcast over 5G.

SINGAPORE (June 18): Global Invacom is acquiring the technology of the Apexsat group of companies, including its assets and intellectual property.

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

SINGAPORE (May 10): Global Invacom, the fully integrated satellite equipment provider, reported 1Q18 earnings dropped by 46.1% to US$0.33 million ($0.44 million) from US$0.61 million in 1Q17.

SINGAPORE (Mar 1): Global Invacom returned to profitability in the fourth quarter, reporting earnings of US$0.78 million ($1.03 million) in 4Q17 compared to a loss of US$2.4 million in 4Q16.

SINGAPORE (Jan 31): Global Invacom today announced the incorporation of its wholly-owned subsidiary, Global Invacom Japan Kabushiki Kaihsa, for 10 million yen ($120,000).

SINGAPORE (May 11): RHB is maintaining its “buy” call on Global Invacom with a 26 cents target price as the company bounces back to profitability in 1Q.

SINGAPORE (May 11): Satellite communications equipment provider Global Invacom has announced US$0.6 million ($0.85 million) in earnings for the 1Q ended March 31, reversing from its loss of US$0.7 million in the comparable period last year.

SINGAPORE (Jan 6): RHB is maintaining its “buy” call on Global Invacom Group with a target price of 25 cents.