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spin-off
Spinoff and listing
ThaiBev's potential spin-off of breweries could increase its valuation as stock nears 12-month high
SINGAPORE (Dec 9): Beer and property do not always mix, but the family business of Thai tycoon Charoen Sirivadhanabhakdi has been busy shuffling its assets in the two industries. Besides the proposed merger of its two Singapore real estate investment trus
December 06, 2019
Tech
TPG Telecom needs Singapore approval before mobile unit spinoff
SINGAPORE (Aug 30): TPG Telecom must obtain regulatory approval before splitting its Singapore mobile business from the rest of the company, the Info-communications Media Development Authority of Singapore said.
August 30, 2018
Broker's Calls
Serial System spin-off seen as positive
SINGAPORE (May 22): NRA Capital has an “overweight” call on Serial System with a fair value estimate of 24 cents ahead of the proposed spin-off of the group’s Hong Kong and China electronic components distribution business to list on the Hong Kong S
May 22, 2018
IPO
Spackman to list subsidiaries Novus Mediacorp and Frame Pictures on Catalist board
SINGAPORE (May 7): Spackman Entertainment Group announced that its board has approved the spin-off of its 51%-owned subsidiary, Novus Mediacorp and its wholly-owned subsidiary, Frame Pictures, and for the combined entity to seek listing on the Catalist Bo
May 07, 2018
Cityneon makes third IP acquisition with rights to Jurassic World: The Exhibition
SINGAPORE (Aug 30): Event and exhibition services provider Cityneon Holdings is making its third intellectual property (IP) acquisition by purchasing a 100% stake in JP Exhibitions from its owners for US$25 million ($34 million).
August 30, 2017
Broker's Calls
Could Yoma be on the cusp of re-rating with potential spinoff?
SINGAPORE (Aug 21): OCBC Investment Research is maintaining its “hold” call on Yoma Strategic Holdings with an unchanged fair value estimate of 58 cents, following news of a slight adjustment to Yoma’s shareholdings in SHC Capital Asia post its prop
August 21, 2017
IPO
USP mulls spin-off and listing of Supratechnic on GEM in HK
SINGAPORE (May 30): Oil blending firm USP Group is in preliminary discussions to explore the spin-off listing of its wholly-owned subsidiary Supratechnic on the Growth Enterprise Market (GEM), an alternative stock market set up and operated by the Hong Ko
May 30, 2017
Aspial Corp lodges preliminary offer document for spinoff, Catalist listing of overseas property business
SINGAPORE (May 17): Aspial Corporation on Tuesday announced that Aspial subsidiary World Class Global has lodged a preliminary offer document with Singapore Exchange (SGX) for the spin-off and listing of Aspial subsidiary World Class Global on the SGX Cat
May 17, 2017
In print this week
This stock is orbiting into new horizons
SINGAPORE (April 21): Addvalue Technologies (AVT) is perfecting a system that could enable satellites orbiting the earth to communicate with one another, and be used more efficiently.
April 21, 2017
mm2 Asia's UnUsUaL group to make preliminary offer for spin-off and listing after March 20 EGM
SINGAPORE (March 8): mm2 Asia announced that its subsidiary UnUsUaL Group intends to lodge its preliminary offer document with the Singapore Exchange following the extraordinary general meeting (EGM).
March 08, 2017