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