GS Holdings

The acquisition is accretive and is expected to “yield significant opportunities”.

As at 2.26pm, shares in GS Holdings are trading 0.6 cents higher or 26.09% up at 2.9 cents.

Pang is out on bail and as of Oct 30, has not been charged.

GS Holdings also revealed that some RMB22 million held by its Chinese subsidiary has been retained by the Chinese authorities.

Following the termination, GS Holdings will acquire the remaining 50% shares in the JV company.

GS Holdings, Focaccia Foods enter into JV to develop new F&B brands and concept

The JV company will be incorporated in Singapore with an issued and paid-up share capital of $20,000.

SINGAPORE (Feb 28): GS Holdings, the centralised commercial dishware washing company, reported FY16 losses narrowed to $1.9 million from $2.2 million a year ago on higher cost of sales.

SINGAPORE (Feb 6): Yamada Green expects to report a net loss for 2Q17 and 1H17, mainly due to a decline in profit of its cultivation business, particularly shiitake mushroom business of which the cultivation of shiitake mushroom was impacted by typhoons a

SINGAPORE (Dec 19): Here are some factors and stocks that could move the market this Monday morning: