This article was originally published on Saturday, 13 July 2019 at 22:54 SGT; it has since been updated to include Yoma Strategic and Spackman Entertainment.
These are Singapore companies which may be in focus on Monday, 15 July 2019:
The China Securities Regulatory Commission (CSRC) has accepted the application from Wilmar’s 99.99 percent-owned subsidiary Yihai Kerry Arawana Holdings (YKA) for a proposed listing on the Shenzhen Stock Exchange, the commodity trader said in a filing to SGX Friday.
Singapore Press Holdings
Singapore Press Holdings reported Friday its fiscal third quarter net profit tumbled 44.1 percent on-year to S$26.20 million amid lower print advertising revenue.
Fidelity Funds ceased to be a substantial shareholder of Cordlife Group, disposing of its entire 6.39 percent direct stake in an off-market transaction Wednesday, the fund manager said in a filing to SGX Friday.
Pernod Ricard has completed a deal to take a 34 percent stake in Seagram MM Holdings, a joint venture between Yoma Strategic, the Win brothers and Delta Capital Myanmar which will distribute whisky in Myanmar, Yoma said in a filing to SGX late Sunday.
Maxi-Cash Financial Services said Friday that S$14 million of its existing S$70 million 5.50 percent notes due 2020 were validly tendered to its offer to acquire S$5 million of the notes by deadline expiration on Friday morning.
The company may decided to increase the maximum acceptance amount, with an announcement expected on or around Tuesday, Maxi-Cash said.
For the offer to exchange any of the notes for a 6.35 percent notes due 2022, S$26.5 million in notes were tendered and accepted for exchange, Maxi-Cash said, adding the settlement date is expected to be on or around 24 July.
Spackman Entertainment Group entered a deal to acquire Simplex Films from four parties for around S$3.3 million in shares, the South Korean drama producer said in a filing to SGX Monday.
AusGroup’s subsidiary AGC Industries was awarded a A$30 million construction contract with Yara Pilbara Nitrates, a joint venture between Yara International and Orica at the technical ammonium nitrate plant located near Karratha, Western Australia, project services company said in a filing to SGX Friday.
The contract covers the deconstruction and construction work of the dryers, heat exchangers and absorption tower, AusGroup said.
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