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Neo Group Limited
Buyout
Neo Group privatisation offer turns unconditional receiving over 90% of valid acceptances
The closing date for the offer is now extended to 5.30pm on May 25.
April 19, 2021
SGX query
Boldtek's share surge may be attributable to off-market transaction by Neo Group founder
Shares in Boldtek closed 2 cents higher or 27.8% up at 9.2 cents on April 6.
April 06, 2021
M&A
Neo Group to acquire manufacturer of homegrown snack brand, Crusty’s for $1.02 mil
Once the acquisition is completed, Neo Group's subsidiary Thong Siek will have a 51% stake in RIFI.
February 03, 2021
Neo Group's chairman and wife take stake in Asiatic from Tai Sin's Lims
Neo Kah Kiat of food caterer Neo Group and wife now hold 194m shares, or a 12.46% stake, in power plant operator Asiatic Group.
January 15, 2021
Results
Neo Group reports 486.5% surge in 1H earnings to $13.6 mil on higher other income and reduction in operating expenses
Neo Group earnings surge on one-off grants and lower expenses
November 09, 2020
M&A
Boldtek enters into joint venture with Neo Group to go into property business
The JV Company, which will be set up following the JVA, will have an initial issued and paid-up share capital of $1 million divided into one million shares, of which Boldtek Holdings and Neo Group Limited will own 50% each.
August 28, 2020
Results
Neo Group FY19 earnings nearly double to $5.4 mil after strong 4Q
SINGAPORE (May 22): Neo Group Limited has announced earnings of $3.9 million for the 4Q ended March, rising 42.8% from $2.7 million a year ago mainly due to higher revenue.
May 22, 2019
Neo Group subsidiary to acquire meatball manufacturer
SINGAPORE (March 27): Neo Group’s 55%-owned subsidiary, Thong Siek Holdings, today entered into an exclusive dealing agreement with numerous parties to acquire their shares in Park Food Manufacturing.
March 27, 2017