SINGAPORE: Singapore Exchange (SGX) today welcomed Singapore Paincare Holdings Limited to its Catalist under the stock code “FRQ”. Singapore Paincare Holdings Limited opened at S$0.22 today. Singapore Paincare Holdings is a medical services group at the forefront of providing accessible pain care treatment in Singapore. It focuses on the treatment of patients suffering from chronic…
Category: Singapore Exchange
Corporate Sector, Industry, Singapore Exchange, News Releases
Citicode proposes to acquire Livingstone Health for up to S$72 million
SINGAPORE: Citicode Ltd. intends to acquire homegrown Livingstone Health Ltd. for up to S$72.0 million. Upon completion, the transaction will constitute a reverse takeover (RTO) which will mark a new phase of transformation of the former Advance SCT Limited under the new leadership of its Executive Chairman and CEO, Mr Teh Wing Kwan and propel…
Oman Insurance Company completes 100% acquisition of Dubai Starr Sigorta
DUBAI: Oman Insurance Company has completed 100% acquisition of its subsidiary, Dubai Starr Sigorta A.S.by obtaining additional 49% of issued and outstanding share capital. In 2012, Oman Insurance Company bought 51% stake in Dubai Starr Sigorta which was an auto agency based in Istanbul, Turkey with operations in Ankara, Izmir and Bursa. The company, under…
ACRA and SGX emphasize importance of high-quality financial statements amid COVID-19
SINGAPORE: The Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange Regulation (SGX RegCo) emphasise the importance of high-quality financial statements that adequately reflect issuers’ current financial position to investors amid the ongoing COVID-19 situation. SGX RegCo today published a Regulator’s Column to highlight key areas that issuers should exercise care in when preparing their…
BCPG, Keppel DHCS and Team Group consortium secures district cooling system contract in the heart of Bangkok
BANGKOK: A consortium comprising Thai renewable energy company, BCPG Public Company Limited; Singapore’s Keppel DHCS and TEAM GROUP of Thailand, is awarded a S$329 million contract by the Property Management of Chulalongkorn University (PMCU) for a District Cooling System (DCS). The consortium partners aim to form a joint venture (JV) to design, build, operate and…
AEM Holdings acquires California-based DB Design Group
SINGAPORE: AEM Holdings Ltd has acquired 100% stake in California-based DB Design Group Inc, a news release said today. DB Design is a world-renowned supplier of automation fixtures, device kits, and other test-related products. It has over 30 years of experience in delivering turnkey solutions for virtually all major semiconductor test and handling systems. DB…
Keppel’s M1 Limited sells entire stake in Kliq for S$1.4 million
SINGAPORE: Keppel Corporation Limited announced that M1 Limited is divesting its entire 51% shareholding in Kliq Pte. Ltd. to Merchantrade Asia and Qala Tech for an aggregate cash consideration of S$1.4 million. Completion of the divestment is conditional upon, among others, receipt of approval from regulatory authorities. The aggregate consideration will be fully payable in…
SGX RegCo and Nasdaq sign regulatory cooperation to help companies access capital funding
SINGAPORE: Singapore Exchange Regulation (SGX RegCo) and Nasdaq have extended their partnership by entering an agreement to cooperate on regulatory matters, building on an existing collaboration to help companies access capital markets funding in both jurisdictions. The latest cooperation agreement will facilitate the regulatory exchange of information on issuers which are dual listed on both…
AC Energy expands to India with $68 million 140 MWp solar farm in Rajasthan
SINGAPORE: AC Energy is set to develop Sitara Solar, a 140 MWp solar plant in India through UPC-AC Energy Solar, the company’s joint venture with UPC Solar Asia Pacific, a news release said. Marking its first major investment in India, AC Energy’s total renewables capacity will reach over 1,200 MW, in a move to further…
Magnus and Oriental EPC to assist with the construction of LPG terminals in Indonesia
SINGAPORE: Magnus Energy Group together with Oriental EPC Private Limited received a letter of offer from a state-owned enterprise in Indonesia on July 2nd to assist with the construction of liquefied petroleum gas (LPG) terminals in various parts of Indonesia. Magnus Energy and Oriental EPC had accepted the LOO via the agent on 16 July…
Forise International bags 5 new contracts in India, Russia
SINGAPORE: Forise International Limited, through its subsidiary Prisma Technologies Pte Ltd, has secured five new contracts to provide management consulting services for various projects in India and Russia, adding to its growing order book as businesses increasingly seek out deep-technology applications to streamline their operations. The new contracts are worth US$1.3million (S$1.8million) in total and…
Keppel secures FPSO contracts worth about S$73 million from MODEC
SINGAPORE: Keppel Offshore & Marine Ltd has through its wholly owned subsidiaries in Singapore and Brazil secured two contracts worth a combined value of about S$73 million from MODEC Offshore Production Systems (Singapore) Pte Ltd (MODEC), a MODEC, Inc. group company. In Singapore, Keppel Shipyard has been engaged to fabricate, complete and integrate the topside…