IT Services

CGS-CIMB keeps 'overweight' on IT Services sector on Grab potential - THE EDGE SINGAPORE

Tech

CGS-CIMB keeps 'overweight' on IT Services sector on Grab potential

Currently, the IT Services sector comprises NYSE-listed Sea Limited, which CGS-CIMB have given a target price of US$345.

M&A

Medinex makes $1.2 mil acquisition of business support services firm

SINGAPORE (May 8): Medinex Limited is acquiring full ownership of SKI Corporate Services and SKI Consultancy, collectively known as the SKI Group, for a total consideration of $1.2 million.

Results

S i2i posts more than fourfold decline in 3Q earnings

SINGAPORE (Oct 30): S i2i, the telecom and IT service provider formerly known as Spice i2i, saw 3Q ended Sept earnings decline more than fourfold to $114,000 from $464,000 in 3Q16 on higher overheads and lower other operating income.

Broker's Calls

After Procurri and Acclivis, there is still Beacon, Corous 360 and vCargo Cloud for this company

SINGAPORE (Oct 17): DeClout has proven its expertise in growing and spinning off tech companies since its 2012 Catalist listing, according to a unrated report by Maybank Kim Eng.
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