extension

With effect of the extension, Oceanus now has till Mar 1, 2021, to meet the financial criteria of exiting the SGX watch list. Failing which, the company will be delisted from SGX, and an exit offer will be provided to the company’s shareholders.

SINGAPORE (June 28): M-Universe Investments' cash offer to privatise Memtech International has been extended by some two weeks to July 26 from July 12.

SINGAPORE (Mar 7): Oceanus Group has been granted an extension of six months to exit the Singapore Exchange’s (SGX) watch list.

SINGAPORE (Dec 21): Noble Group has obtained an extension on a waiver relating to the financial covenants in its committed unsecured revolving credit facility, which was due to mature today, to 18 May 2018.

SINGAPORE (Dec 21): Catalist-listed Annica Holdings says its $4.2 million acquisition of a 49% stake in Horizon Greentech Resources, which was due for completion this Saturday, has been delayed for a further three months.

SINGAPORE (Dec 8): Noble Group Ltd., the embattled commodities trader, faces several significant deadlines as it wrestles with a US$3.5 billion debt restructuring.

SINGAPORE (Sept 6): Jaya Holdings says it has failed to obtain pre-clearance from the Singapore Exchange (SGX) for its proposed acquisition of a financial firm in Papua New Guinea, Heduru Moni, via a reverse takeover (RTO).

SINGAPORE (Aug 31): As part of its agreement to extend its partnership with Emirates for another five years, Qantas Airways has announced that it will now provide three stopover options to Europe via Dubai, Perth and Singapore via its joint network.

SINGAPORE (March 21): USP Group has failed to repay Precious Streams Holdings (PSHL) the 4.9 million of consideration shares by the deadline of March 20, 2017, the first anniversary of the date of loaned shares from PSHL.

SINGAPORE (March 14): The manager of iREIT Global has announced that four of its indirectly wholly-owned subsidiaries – namely Laughing Rock 11 B.V., Laughing Rock 12 B.V., Laughing Rock 13 B.V. and Laughing Rock 14 B.V. – have together been granted a