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asset disposal
Company in the news
Sats to dispose of 49% of shares in Sats Saudi Arabia Company for SAR147 mil
The disposal Is expected to be a “strategic move” for Sats to capitalise on market opportunities in Saudi Arabia and the current favourable market conditions.
3 days ago
Company in the news
Advancer Global to dispose of G3 Environmental for $22 mil
The disposal is “in the best interest of the company and its shareholders”, according to the group.
October 16, 2024
Company in the news
Hong Lai Huat receives shareholder approval to dispose of HLHI and HLH Cambodia assets
Hong Lai Huat has received shareholder approval to sell its HLHI and HLHA assets in Cambodia.
May 20, 2024
Company in the news
Hong Lai Huat to sell HLH Agriculture and HLHI in Cambodia for total of $50.23 mil
Shares in Hong Lai Huat closed flat at 5.3 cents on Feb 5.
February 05, 2024
M&A
Casa Holdings disposes JV property for $9.5 mil
Casa Holdings disposes 3 parcels of land in Johor for $9.5 mil.
September 20, 2023
M&A
Raffles Education disposes of Swiss property for CHF11.5 mil
Raffles Education is disposing off its asset in Switzerland to a subsidiary for CHF11.5 mil.
July 05, 2023
M&A
Beng Kuang to sell one-third of its Batam shipyard for $8.64 mil
Beng Kuang Marine is disposing a part of its stake in its Batam shipyard for $8.6 mil.
April 12, 2023
Company in the news
USP Group divests Joo Koon property for $5.3 mil to repay mortgage
USP Group is disposing off its subsidiary's HQ in Joo Koon for $5.3 million to repay its mortgage and defaults.
November 22, 2022
F&B sector
Kimly to dispose its confectionary business for $2.8 mil
The purchase price represents a $2,581,196 excess over the book value of the assets and the gain on disposal.
September 09, 2022
Company in the news
Hoe Leong Corp disposes factory-office property in Johor for $3.4 mil
Hoe Leong Corp disposes property in Johor, Malaysia for RM10.8 million.
July 13, 2022