net tangible assets (NTA)

GKE Corporation acquires balance 30% of Marquis Services for $2.7 mil - THE EDGE SINGAPORE

M&A

GKE Corporation acquires balance 30% of Marquis Services for $2.7 mil

The acquisition was completed on the same day, making Marquis Services a wholly-owned subsidiary of the company.
Memiontec secures $21.7 mil contract for PUB's Deep Tunnel Sewerage System Phase 2 Project - THE EDGE SINGAPORE

Contracts

Memiontec secures $21.7 mil contract for PUB's Deep Tunnel Sewerage System Phase 2 Project

The group’s order book now stands at $92.3 million, from its order book of $70.6 million as at March 31.
Chip Eng Seng sells shophouses for total consideration of $24.2 mil - THE EDGE SINGAPORE

Property

Chip Eng Seng sells shophouses for total consideration of $24.2 mil

The disposals were made via two separate agreements by the group's subsidiary CES Capital Holdings.
CWX Global sets up holding company to operate retail supermarket chain through joint venture - THE EDGE SINGAPORE

Deals, joint ventures & alliances

CWX Global sets up holding company to operate retail supermarket chain through joint venture

The company will be incorporated within 10 business days of the date of the JVA, which is on Feb 5.
Frasers Property terminates agreement relating to 75% acquisition in Vietnamese property firm - THE EDGE SINGAPORE

Company in the news

Frasers Property terminates agreement relating to 75% acquisition in Vietnamese property firm

The full deposit of some $2.35 million pertaining to the agreement has been refunded.
ST Engineering's electronics arm liquidates subsidiary - THE EDGE SINGAPORE

Company in the news

ST Engineering's electronics arm liquidates subsidiary

The move comes as part of ST Engineering's ongoing review to streamline its legal entity structure.
Keppel O&M subsidiary wins $100 mil contract from repeat customer - THE EDGE SINGAPORE

Offshore & Marine

Keppel O&M subsidiary wins $100 mil contract from repeat customer

Shares in Keppel Corporation closed 1 cent lower or 0.2% down at $5.23 on Nov 26.
SIA transfers Virgin Australia shares to BC Hart Aggregator - THE EDGE SINGAPORE

Aviation & Engineering

SIA transfers Virgin Australia shares to BC Hart Aggregator

The transfer of the shares is not expected to have any material effect on SIA's EPS and NTA for the coming FY.
Keppel O&M secures $600 mil contract in the offshore renewable energy industry - THE EDGE SINGAPORE

Offshore & Marine

Keppel O&M secures $600 mil contract in the offshore renewable energy industry

The contract is said to be "in line" with Keppel's Vision 2030.
HC Surgical Specialists subscribes to 20% of shares in Healthcare Essentials Pte Ltd through MOU - THE EDGE SINGAPORE

M&A

HC Surgical Specialists subscribes to 20% of shares in Healthcare Essentials Pte Ltd through MOU

The proposed investment constitutes an interested person transaction (IPT) under Catalist rules.
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