UPDATE: SG stocks Wednesday: Swiber, EcoWise, Singapore O&G, No Signboard, Livingstone Health

Singapore street scene at Duxton HillSingapore street scene at Duxton Hill

Singapore companies in focus on Wednesday, 9 March 2022:

  • Swiber enters deal to sell International Business Park property
  • EcoWise receives letters of demand for overdue payments
  •  Singapore O&G gets takeover bid from consortium including Dymon Asia
  • SG briefs: Livingstone Health, Eneco Energy, First REIT, Darco Water Technologies

This item was originally published on Tuesday, 8 March 2022 at 23:19 SGT; it has since been updated to include No Signboard Holdings and Q & M Dental .

Singapore O&G

Healthcare company Singapore O&G has requested the trading halt on its shares be lifted.

The company said it would appoint an independent financial adviser (IFA) to advise its independent directors on making a recommendation to shareholders on the takeover offer from a consortium, Singapore O&G said in a filing to SGX Tuesday.

Read more: Singapore O&G gets takeover bid from consortium including Dymon Asia

No Signboard Holdings and Q&M Dental Group (Singapore)

GuGong, the controlling shareholder of No Signboard Holdings, has entered a deal to sell an around 29 percent stake in the troubled chilli crab restauranteur to Q & M Dental Group (Singapore)‘s founder and CEO Ng Chin Siau for S$1.00, according to a filing to SGX Monday. 

Read more: Q&M founder to take 29 percent No Signboard stake for S$1

Swiber Holdings

Swiber Holdings‘ wholly owned subsidiary Swiber Corporate Pte. Ltd. (SCPL) has entered into a non-binding memorandum of understanding (MOU) with an independent third party to sell its property at 12 International Business Park in Singapore for S$30.8 million in cash, the company said in a filing to SGX Tuesday. 

Read more: Swiber enters deal to sell International Business Park property

EcoWise

EcoWise reported Tuesday it has received letters of demand from Malayan Banking (Maybank) and Al Rajhi Banking & Investment Corp. (Malaysia) for overdue payments. 

Read more: EcoWise receives letters of demand for overdue payments

Livingstone Health, Eneco Energy, Darco Water and others

Singapore company briefs: Livingstone Health Holdings, Eneco Energy, First REIT and Darco Water Technologies.

Read more: SG briefs: Livingstone Health, Eneco Energy, First REIT, Darco Water Technologies