Fabchem China

This $25 million RTO effectively transfers Fabchem's listing to the Catalist from the Mainboard.

One of the reasons behind the acquisition is that it allows Fabchem China to maintain its listing status on the SGX-ST.

Based on the disposal consideration, the loss on disposal would be $4.5 million, or RMB22.6 million.

SINGAPORE (Mar 17): Fabchem China, the manufacturer of initiation systems and and detonating cords for explosives, has received a conditional cash offer by shareholder Henry Wee and his wife at 15.8 cents each.

SINGAPORE (May 30): Commercial explosives manufacturer Fabchem China reported losses of RMB 15.1 million ($3.2 million) for the FY18 ended March, compared to earnings of RMB 1.0 million a year ago.

SINGAPORE (May 30): Commercial explosives manufacturer Fabchem China posted earnings of RMB 1.0 million ($0.2 million) for the full year ended March, reversing out of a loss of RMB 33.8 million a year ago.

SINGAPORE (May 30): Fabchem China reported a net loss of RMB 33.8 million ($7.1 million) for FY2016 ended March, compared with earnings of RMB 13.1 million for FY2015.