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MMP Resources
NTUC, Blue Pegasus trim stakes in SPH REIT, MMP Resources respectively
Singapore’s labour movement, the National Trade Union Congress, is no longer a substantial shareholder in SPH REIT.
June 26, 2020
Corporate moves
MMP Resources in $118 million RTO deal
This RTO deal will "finally" give the company a "strong balance sheet", and grow and diversify its businesses and operations in a more consistent manner.
April 28, 2020
M&A
MMP Resources diversifying into natural gas and energy business with $25 mil stake acquisition in Russia producer
SINGAPORE (Dec 5): Construction company MMP Resources is diversifying into the natural gas and energy business through the proposed $25 million acquisition of a 50% stake in an operating gas field in the North-West region of the Russian Federation called
December 05, 2018
MMP Resources in bond and share subscription deal to raise $0.2 mil in net proceeds
SINGAPORE (Oct 3): MMP Resources has entered into a bonds subscription and share placement agreement with Maiora Asset Management to raise $229,298 in net proceeds.
October 03, 2017
Results
MMP Resources turns a profit in FY16 on reversal of loans
SINGAPORE (March 1): MMP Resources, the construction company on the Watchlist of the Singapore Exchange, reported earnings of $4.7 million for the FY16 ended Dec, reversing from the net loss position of $43.7 million in FY15.
March 01, 2017
MMP Resources’ Japanese unit enters into management deal with JRT Trading on Chisenupuri Ski Area
SINGAPORE (Nov 29): MMP Resources announced that its Japanese subsidiary, MMP Resources Japan (MMPRJ), has entered into an agreement with JRT Trading to operate and manage the Chisenupuri Ski Area.
November 29, 2016
MMP Resources mulls potential acquisition of snow operations in Japan
SINGAPORE (Nov 23): MMP Resources has signed a service agreement with Sean Tedore, to review winter travel and leisure assets in Japan that the group intends to acquire.
November 23, 2016
MMP Resources issues profit guidance for 3Q
Singapore (Oct 20): MMP Resources has issued profit guidance for its 3Q16 results, cautioning shareholders that it expects a net loss.
October 20, 2016
Stocks To Watch
SPH, ST Engr, Serrano, ISEC, MMP, Marco Polo
SINGAPORE (Oct 17): Here are some factors and stocks that could move the market this Monday morning:
October 17, 2016
MMP Resources receives updated affidavit with ‘typo’ corrected
SINGAPORE (17 OCT): MMP Resources who is contesting a winding-up application filed by Edward Lee says it has received a second affidavit from Lee.
October 17, 2016