Activpass Holdings

Management & Corporate Governance

CAD seizes Allied Tech documents for investigations; retains director's electronic belongings & passport

SINGAPORE (May 30): Allied Technologies says the Commercial Affairs Department (CAD) has seized information, records and documents on the group and its subsidiaries – as well as on its escrow account with JLC Advisors, from which some $33 million is all

M&A

Allied Technologies signs S&P agreement to acquire 51% stake in Activpass for $25.2 mil

SINGAPORE (July 2): Allied Technologies has finally entered into a sale and purchase agreement with vendors Seow See Keong and Leow Ai Li Amy to acquire a 51% stake in Activpass Holdings for $25.2 million.

M&A

Allied Tech signs MOU to acquire 51% stake in Activpass; details still being worked out

SINGAPORE (June 5): Allied Technologies, the manufacturer of metal stamped parts, is planning to acquire a 51% stake in Activpass Holdings to diversify its business operations and invest in technology solutions to provide additional revenue streams and im
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