subsidiary

The newly-incorporated subsidiary aims to cater to children’s developmental health and well-being in a holistic and multidisciplinary way.

SINGAPORE (May 22): Adventus Holdings is selling back a 45% stake in ADV S3 to its former joint venture (JV) partner, Tran Hoang Anh Tuan, for US$1.1 million ($1.5 million).

SINGAPORE (Feb 19): Natural Cool Holdings, the air-conditioning and switchgear specialist, is venturing into the food and beverage (F&B) industry by acquiring the business and assets of Yummy YM and SFB Global for $0.98 million.

SINGAPORE (May 19): Directory publisher Global Yellow Pages is selling 80% of its 100% shareholding in eFusion Solutions, a provider of direct and channel marketing services, to Samara Ventures for a cash consideration of $1.2 million.

SINGAPORE (Feb 21): ST Electronics has set up a subsidiary, ST Electronics (Saudi Arabia) (STSA), in Riyadh, Saudi Arabia – with a paid up capital of 8.4 million Saudi Riyals ($3.2 million).