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OSIM International Ltd is pleased to announce that S$170 million in principal amount of zero-coupon unsecured convertible bonds due 2019 have been fully placed to institutional and accredited investors. The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch has been appointed as sole bookrunner and sole lead manager for the issue. The Singapore-dollar convertible bonds, which have a term of 5 years, will be convertible into new OSIM ordinary shares at an initial conversion price of S$3.525 per new Share. The initial conversion price has been set at a 25% premium over the closing price of S$2.82 per Share on 26 August 2014.... Full Story »
Advanced Integrated Manufacturing Corp. Ltd.'s subsidiary, Advanced Manufacturing Corp (Penang) Sdn Bhd, has been awarded a Third Party Logistic Services project from Honeywell International Inc. for a period of 5 years. The transition activity in relation to the 3PL Project will take place from 26 August 2014 to 13 October 2014. With effect from 14 October 2014, AMC Penang will take over the existing employees in Honeywell Aerospace Avionics Malaysia Sdn Bhd's logistics department with approximately 40,000 square feet and manage it within Honeywell Penang's facility... Full Story »
OSIM International Ltd proposes to issue S$150,000,000 in principal amount of Convertible Bonds and up to an additional S$50,000,000 pursuant to an upsize option granted by the Company in favour of HSBC, which shall be exercisable up to the Closing Date. Pricing of the Convertible Bonds is expected to take place on or about 26 August 2014... Full Story »
Ascendas Real Estate Investment Trust wishes to announce that HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee, has issued HKD620,000,000 1.67 Per Cent. Notes Due 2018 to institutional investors. The Notes are issued under the S$1,000,000,000 Multicurrency Medium Term Note Programme established by the Issuer on 20 March 2009. The Hongkong and Shanghai Banking Corporation Limited has been appointed as dealer of the Notes. The Notes will mature on 26 February 2018 and will bear a fixed interest rate of 1.67% per annum payable quarterly in arrear... Full Story »
Dear Teo Hwee Ching, you wrote: It has been 2 years since Chori became a Substantial Shareholder of the company. Has the strategic partnership bore any fruits? Ans: It is important to note that Chori Group, apart from being a substantial shareholder, is also a strategic business partner. The strategic partnership agreement with Chori Group was signed in October 2012 with the objective of mutually expanding both parties' chemicals business through the tapping of our respective marketing expertise and network. Though it has not developed in a big way, we remain committed in our pursuit of this objective... Full Story »
Sino Construction Limited was incorporated in Singapore on 11 September 2006 as a private limited company under the name of Sino Construction Pte Ltd. The Company was converted to a public limited company and changed its name to Sino Construction Limited on 16 April 2008.
The Group comprises its Company and its subsidiaries, Daqing Xinyuan, Dazheng Building and Daqing Baixinyuan. The Group is principally engaged in building construction and civil engineering activities in Daqing City, China.
Tat Seng Packaging Group Ltd is a manufacturers of corrugated paper packaging products with operations in Singapore, Suzhou and Hefei, China. Our customers include Multi-National Corporations and local manufacturers in electronics and electrical industry, plastic and metal stamping industry, pharmaceutical and chemical industry as well as the printing, publishers and converting industry. Our key products include corrugated paper boards, corrugated paper cartons, die-cut boxes, assembly cartons and heavy duty corrugated paper products.
Established in 1981, Mencast Holdings Ltd. and its subsidiaries ("Mencast" or the "Group") is a Singapore-based maintenance, repair and overhaul ("MRO") solutions provider. The Group was successfully listed in June 2008 as the first sponsor-approved listing on Singapore's SGX Catalist and later became the first such company to transfer to the SGX Mainboard. From humble beginnings in a rented workshop at Choa Chu Kang Road, the Group has steadily expanded its business over the last three decades ...
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