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extraordinary general meeting (EGM)
REITs
Keppel REIT seeks to raise $270.0 mil through proposed private placement of up to 242.8 mil new units
The manager says it intends to declare an advanced distribution for the existing units before the new units are being issued.
February 18, 2021
Telecommunications
Singtel's Optus completes acquisition of Australia’s largest MVNO for A$250 mil
Following the agreement, amaysim will remain a standalone brand under Optus’ ownership.
February 01, 2021
Company in the news
First REIT proposes rights issue of $158.2 mil as debt repayment looms
First REIT says that the proposed rights issue is "critical".
December 28, 2020
REITs
ARA Logos Logistics Trust to raise $50 mil through private placement of 90.5 mil new units
The number of new units represents an increase of some 8.3% of the total number of units currently in issue.
November 02, 2020
Equity raising
SunMoon Food enters into interest-free loan agreement and placement agreement with Jiangzhong Shiliao Technology
Under the loan agreement, Jiangzhong Shiliao will loan RMB34.9 million ($6.9 million) interest-free to SunMoon Food Company.
October 28, 2020
REITs
CMT and CCT proposed merger given green light by unitholders
The merger is expected to take place on October 21. CCT’s last day of trading is expected to be on October 16.
September 29, 2020
Company in the news
Axington's Obama-inspired EGM postponed; independent director resigns
In a filing on August 28, Axington’s board says that it requires “more time” to conduct an internal assessment of the circumstances and the strategic plans of the company in light of recent developments in the media.
August 28, 2020
M&A
FLT, FCOT unitholders vote overwhelmingly in favour of merger to create $5.7 bil behemoth
For FLT, some 99.85% of unitholders voted for the merger, while 98.61% of FCOT’s unitholders were in favour of the merger.
March 11, 2020
Offer
Challenger founder Loo falls narrowly short in privatisation bid
SINGAPORE (June 27): Loo Leong Thye, the founder, executive director and chief executive officer of Challenger Technologies, has failed in his bid to voluntarily delist the consumer electronics retailer.
June 27, 2019
Corporate moves
Chew's Group seeking approval for name change and business diversification
SINGAPORE (Jan 9): Chew’s Group on Tuesday will hold an extraordinary general meeting (EGM) to propose a company name change to OneApex, diversification of its business and adoption of the IPT (interested personal trasanctions) general mandate.
January 09, 2019