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.

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.

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.

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.
Casa Holdings disposes JV property for $9.5 mil - THE EDGE SINGAPORE

M&A

Casa Holdings disposes JV property for $9.5 mil

Casa Holdings disposes 3 parcels of land in Johor for $9.5 mil.

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.

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.

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.

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.

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.
×