Moya Holdings Asia seeks delisting through voluntary cash offer at 9.2 cents per share

SINGAPORE – Indonesian water treatment operator Moya Holdings Asia announced on Wednesday plans to take the company private through a voluntary cash offer from Tamaris Infrastructure, a majority shareholder of the company, at the price of 9.2 cents per share. As at the date of announcement, the offerer holds about 72.8 per cent of shares […]

Silkroad Nickel’s executive director offers to launches privatisation offer

SINGAPORE (THE BUSINESS TIMES) – Catalist-listed Silkroad Nickel’s executive director is making a general offer to take the Indonesia-based nickel ore miner private at an offer price of 42 cents per share. Horowitz Capital is making a conditional general offer of 42 cents per share for all the issued ordinary shares in Silkroad Nickel that […]

CapitaLand Investment first-half profit slips 38.3% on lower asset recycling activity

SINGAPORE (THE BUSINESS TIMES) – Property investment manager CapitaLand Investment Limited (CLI) posted a 38.3 per cent drop in profit for the first half year ended June 30, to $433 million, from $702 million last year due to “lower velocity in asset recycling activities”, particularly in China, it said in a regulatory filing on Thursday […]