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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.
October 11, 2017
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.
September 25, 2017
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
February 03, 2017
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:
December 01, 2016
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.
December 01, 2016
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
November 10, 2016
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.
October 18, 2016
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.
October 18, 2016
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.
October 07, 2016
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.
October 07, 2016