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proposed disposal
Company in the news
Acrometa to dispose of 70% stake in Life Science Incubator Holdings, enters MOU with Constance Holding
Under the SPA, the disposal has a purchase consideration of $2.7 million.
October 21, 2024
Company in the news
Advanced Holdings subsidiary to dispose of Advanced CAE Saudi Arabia Company for $1
The purchase consideration stands at $1, due to the net liability value of the CAEKSA disposal shares and the losses incurred by CAEKSA.
October 21, 2024
Company in the news
Jubilee Industries subsidiary to sell plastic business for RM6 mil
Net proceeds are expected to stand at $1.84 million, and is set to be used for the group’s working capital needs.
October 08, 2024
Company in the news
Samko Timber disposes of three subsidiaries for $5 mil
The proposed disposal constitutes a “major transaction” and is subject to the approval of its independent shareholders.
October 02, 2024
Company in the news
AcroMeta proposes disposal of 67%-owned subsidiary PT Acromec Trading Indonesia for $5,000
The proposed disposal has since been completed as at Sept 30, with PT Acromec ceasing to be a subsidiary of the group.
September 30, 2024
Food & Beverage
DFI Retail Group disposes of 1.9 bil shares in Yonghui Superstores for RMB4.5 bil
The disposal will net the group RMB4.9 billion ($823.3 million), or RMB2.35 per share, upon completion.
September 23, 2024
Company in the news
OneApex subsidiary proposes disposal of entire stake in Tuas South Dormitory for $5.2 mil
The proposed disposal will also result in a profit on disposal of approximately $2.1 million.
April 22, 2024
Company in the news
AcroMeta subsidiary proposes office disposal for $940,000
The group stands to make a profit of $425,000 from the proposed disposal.
March 18, 2024
Company in the news
AcroMeta proposes disposal of wholly-owned subsidiary Acromec Engineers for $3.3 mil
The consideration for the proposed disposal represents approximately 577% of AcroMeta’s net tangible assets for FY2023.
March 05, 2024
Company in the news
Q&M disposes stake in Shanghai Chuangyi Investment & Management for RMB500,000
As at FY2022 ended Dec 31, 2022, Shanghai Chuangyi’s net asset value (NAV) stood at RMB1.4 million.
June 21, 2023