New Silkroutes Group

M&A

New Silkroutes Group acquiring 70% stake in 3 dental clinics for $3.2 mil

SINGAPORE (Oct 11): New Silkroutes Group is acquiring a 70% stake in three clinics from The Dental Hub for $3.2 million to expand its healthcare portfolio.

New Silkroutes divests entire stake in asset management subsidiary for $0.8 mil

SINGAPORE (Sept 25): New Silkroutes Capital, a wholly-owned subsidiary of New Silkroutes Group (NSG), has divested its entire 28.41% interest in New Silkroutes Asset Management (NSAM) for a cash consideration of $0.8 million.

New Silkroutes to buy 80% stake in New York broker-dealer and investment bank

SINGAPORE (Feb 3): New Silkroutes Group is acquiring an 80% stake in New York-based CG Capital Markets Holdings (CGCMH) -- including its subsidiary broker-dealer CG Capital Markets (CGCM) -- for US$14.4 million ($20.4 million) to expand its investment bus

Stocks To Watch

New Silkroutes, Frasers Logistics, GLP, Starburst, Cosco, Q&M

SINGAPORE (Dec 1): Here are some factors and stocks that could move the market this Thursday morning:

New Silkroutes Group to raise $25 mil via share placement

SINGAPORE (Dec 1): New Silkroutes Group announced that it is raising up to $25 million in a share placement exercise.

Results

New Silkroutes’ 1Q losses narrow to US$0.15 mil on record revenue

SINGAPORE (Nov 10): New Silkroutes Group (NSG), the investment holding company formerly known as Digiland International, has posted a net loss of US$0.15 million ($0.2 million) for 1QFY17 – narrowing significantly from its net loss of US$1.3 million a y

Market Close

STI closes 0.5% higher at 2,830.63

SINGAPORE (Oct 18): Singapore stocks closed 0.48% higher, supported by gains in crude oil and palm oil prices.

Hot Stock

Shares of New Silkroutes surge on news of collaboration to sell oil products to China

SINGAPORE (Oct 18): Shares of New Silkroutes Group are up 11.9% higher at 98.5 cents.

Hot Stock

New Silkroutes soars on private equity JV

SINGAPORE (Oct 7): Shares in New Silkroutes Group rose 7.8% or 6 cents to 82.5 cents after announcing it is making a foray into the world of private equity.
New Silkroutes Group

New Silkroutes in joint venture to offer private equity funds in Asia Pacific

SINGAPORE (Oct 7): New Silkroutes Group (NSG) on Friday announced it has formed a joint venture with three parties to develop private equity funds that will focus on healthcare and infrastructure in the Asia Pacific region, including Japan and Australia.
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