EG industries

Insider moves

Accrelist chairman buys more shares; RE&S starts buybacks

Jubilee Industries plans to redistribute proceeds from sale of stake in EG Industries to its shareholders as dividends

Restructuring

Accrelist plans makeover, scrubs off electronics manufacturing for laser-like focus on aesthetics

SINGAPORE (Feb 7): Having just turned 52 years old, Terence Tea, executive chairman and managing director of Accrelist, does not look a day over 40. Proudly crediting his aesthetic doctor for helping to reverse his signs of ageing, Tea debunks the old att

Restructuring

Terence Tea reorganises stakes in Accrelist, Jubilee and EG

SINGAPORE (Dec 24): Terence Tea Yeok Kian, executive chairman of Accrelist, which is gearing up for expansion into the aesthetics business, is trying to reorganise his stakes in  three of the separately-listed entities that he chairs, which also includes

M&A

Jubilee Industries increases stake in EG Industries to 13.03%

SINGAPORE (Mar 12): Jubilee Industries Holdings is increasing its stake in its Malaysian associate, EG Industries Berhad from 11.72% to 13.03% for a consideration of RM1.95 million ($657,200).
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