Welcome!
disposal
F&B sector
QAF to dispose of its primary production business for indicative purchase price of $110.3 mil
Following the disposal, QAF intends to pay a special dividend of 2 cents per share, amounting to some $11.5 million in total.
June 08, 2021
M&A
PEC disposes 25% stake in Huizhou Tianxin Petrochemical Engineering for consideration of RMB7.5 mil
PEC intends to use the proceeds of the disposal for general working capital requirements.
May 07, 2021
M&A
ecoWise fully disposes stake in Saiko Rubber (Malaysia) for $5.8 mil
The disposal has netted ecoWise a gain of $1.6 million.
April 28, 2021
M&A
Matex International to fully dispose stake in Matex Chemicals for $1.3 mil
The proposed disposal will enable Matex International to recover the intercompany loans of RMB57.9 million.
April 07, 2021
M&A
IHH Healthcare mulls sale of education arm
Deliberations are ongoing and there is no certainty that IHH will proceed with a transaction, according to insiders.
March 05, 2021
Company in the news
Ezion disposes mortgaged vessel for US$18.5 mil
The gain generated is estimated to be at US$1.4 million.
March 05, 2021
Offshore & Marine
FSL Trust to sell two LR2 product tanker newbuildings
FSL Trust says it has received the initial 15% deposit in escrow.
February 17, 2021
M&A
Hengyang Petrochemical Logistics and CEO Gu dispose of stake in Jiangsu entity for $4.3 mil
The gain upon completion is expected to be RMB5,592.
January 11, 2021
Company in the news
Sunpower disposes manufacturing and services business for $463.0 mil
The company says it intends to declare a special dividend of about RMB1.34 billion to its shareholders.
January 01, 2021
Company in the news
Koufu sells stake in PT Super Tea Indonesia for $0.4 mil
As at 9.42am, shares in Koufu are trading flat at 68 cents.
December 31, 2020