acquisition of stake

M&A

Accrelist to acquire 28.5% stake in MClean Technologies for RM9 mil

Post-completion, Accrelist may explore potential strategic collaboration and cross-selling opportunities.
Keppel Infrastructure Trust and Philippine partner to acquire Philippines' largest petroleum products import storage facility - THE EDGE SINGAPORE

M&A

Keppel Infrastructure Trust and Philippine partner to acquire Philippines' largest petroleum products import storage facility

The purchase consideration payable by KIT is estimated to be some US$267.0 million ($357.6 million).
SingPost acquires 38% stake in Australian freight company for $84.1 mil - THE EDGE SINGAPORE

M&A

SingPost acquires 38% stake in Australian freight company for $84.1 mil

SingPost says the acquisition is “in line with” its group strategy.
Fabchem China to acquire over 71% shares in Renewable Power Management for $22 mil; to move to Catalist board following proposed acquisition - THE EDGE SINGAPORE

M&A

Fabchem China to acquire over 71% shares in Renewable Power Management for $22 mil; to move to Catalist board following proposed acquisition

Fabchem China says it will appoint a Catalist sponsor as the financial adviser for the proposed acquisition.

Broker's Calls

Asian Healthcare Specialists' recent 51% acquisition makes market watchers sit up

“The acquisition is not only earnings accretive but will also create a larger platform for the recruitment of new specialists and doctors to join the enlarged group, thus expanding the trajectory of [AHS]”, notes Liu Jinshu of Tayrona Financial

M&A

Asian Healthcare Specialists acquires 51% stake in Cornerstone Asia Health for $32.1 mil

The consideration was satisfied through the issuance of 104.2 million new consideration shares in AHS priced at 26 cents apiece, as well as $5 million in cash from proceeds of AHS’s initial public offering (IPO) in April 2018.

Investing ideas

Can Yangzijiang diversify itself out of a doldrum?

SINGAPORE (July 18): Yangzijiang Shipbuilding is diversify its business and venturing into new areas of expertise given an upturn in the offshore & marine industry is nowhere to be seen.
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