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Advancer Global’s M&A modus operandi

In print this week

Advancer Global’s M&A modus operandi

Benny Tan Published on Fri, Sep 16, 2016 / 4:15 PM GMT+8

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SINGAPORE (Sept 16): Within two months of listing, Advancer Global has already announced two acquisitions and seen its shares nearly double in value.

On Sept 9, Advancer Global said it had acquired a 76% stake in Newman & Goh Property Consultants as well as an associate company, for $3 million.

Advancer Global says these acquired units will enlarge its cleaning and stewarding business.

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