UPDATE: Kuok-tied Quetzal Capital makes bid to acquire PACC Offshore Services
Quetzal Capital said Monday it made a bid to acquire all of POSH for S$0.215 a share, marking a 97.2% premium over the stock’s closing price on 30 October.
PACC.SI
POSH reports 3Q19 net loss widened substantially
POSH reported Monday its 3Q19 net loss widened to US$40.43M, from US$5.34M in the year-ago period, mainly due to the POSH Terasea joint venture.
UPDATE: Singapore stocks to watch Friday: UOB, Keppel, Yangzijiang, Ascott REIT, AA REIT, Hi-P, POSH
These are Singapore companies which may be in focus on Friday, 1 November 2019: Keppel, Yangzijiang, Ascott Residence Trust, AA REIT, Hi-P and Sabana REIT.
UPDATE: POSH Terasea to be voluntarily liquidated after default
POSH said Thursday its joint venture, POSH Terasea (PTPL) would be voluntarily liquidated by creditors after it defaulted on a loan facility.
UPDATE: Singapore stocks to watch Thursday: Frasers Property, Keppel DC REIT, SGX, SembMarine, POSH
These are Singapore companies which may be in focus on Thursday, 10 October 2019: Frasers Property, Keppel DC REIT, SGX, SembMarine and POSH.
PACC: JV’s event of default triggers cross-default
PACC Offshore Services Holdings said Saturday that the event of default for its 50 percent-owned joint venture PTPL, had triggered a cross-default.
PACC Offshore Services: JV in default on around US$28 million loan facility
POSH, said Thursday an event of default has occurred on a loan facility to POSH Terasea (PTPL), a 50-50 joint venture with Terasea.
UPDATE: Singapore stocks to watch Tuesday: Olam, Singapore Airlines, SGX, POSH
These are Singapore companies which may be in focus on Tuesday, 21 May 2019: Olam, Singapore Airlines, Singapore Exchange and POSH.
UPDATE: Singapore stocks to watch Tuesday: UOB, SGX, CityDev, Uni-Asia, Q&M, Challenger
These are Singapore companies which may be in focus on Tuesday, 9 April 2019: SGX, City Developments, Uni-Asia, Q&M Dental and Challenger.
UPDATE: Singapore stocks to watch Wednesday: Keppel REIT, Singtel, DeClout, Addvalue Tech
These are Singapore companies which may be in focus on Wednesday, 3 April 2019: Keppel REIT, Singtel, DeClout and Addvalue Technologies.
Singapore share buybacks Tuesday: OCBC, Sunpower, SingHaiyi, PEC, POSH
These are Singapore companies which announced share buybacks on Tuesday, 15 January 2019: OCBC OCBC bought back 200,000 shares in the market at S$11.68 each…
Singapore stocks to watch Monday: CapitaLand, CityDev, SPH REIT, DeClout
These are Singapore stocks which may be in focus on Monday, 7 January 2019: CapitaLand CapitaLand said on Monday that it entered a 50:50 joint…