SG briefs: Keong Hong and Azeus Systems

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Singapore company briefs: Keong Hong Holdings and Azeus Systems Holdings.

Keong Hong Holdings

Keong Hong Holdings said Thursday it has appointed W Capital Markets as the independent financial adviser (IFA) to advise the independent directors on making a recommendation to shareholders for the takeover bid from LJHB Capital (S).

Read more: Keong Hong gets take-over bid after major holder raises stake

Azeus Systems Holdings

Azeus Systems Holdings said Thursday it received approval to enter into two standing offer agreements to supply IT professional services to the Hong Kong government for a sixth consecutive term.

The approval was received after the expiration of previous agreements, which had been awarded in at end-July 2017, with the new agreements taking effect from end-January and lasting for 48 months, Azeus said in a filing to SGX.

Read Azeus’ filing to SGX.