CATALIST-LISTED Axington Inc has requested to have up till Sep 30, 2023 to complete the acquisition of Achieva Technology, a deal that was meant to result in a reverse takeover (RTO).

Serial System plans to sell a subsidiary into Axington Inc via a reverse takeover deal, which, if completed, will give group CEO Derek Goh control of another listed entity.The deal, announced on Sept, 2 is Axington’s third known RTO attempt in just over a year to put behind its cash company status...

Axington Inc has entered into a conditional sale and purchase agreement (SPA) with Serial I-Tech (Far East) to acquire Achieva Technology in a deal that would result in a reverse takeover (RTO).

AXINGTON has inked a non-binding memorandum of understanding to acquire a 100 per cent stake in food manufacturer Mushan Food Industries and 3 other sister companies in a deal that is expected to result in a reverse takeover of the Catalist-listed cash company.

CATALIST-LISTED Axington Inc may have breached Catalist rules on corporate disclosures and internal controls over a placement announcement in 2020, according to an independent review released on Monday (Jun 27).

CATALIST-LISTED Axington Inc may have breached Catalist rules on corporate disclosures and internal controls over a placement announcement in 2020, according to an independent review released on Monday (Jun 27).

INDEPENDENT auditor Foo Kon Tan has included a disclaimer of opinion over scandal-hit Axington’s financial statements for the 12 months to Dec 31, 2021.

As the pandemic drags on, some com­panies are compelled to move into radically new business areas. For example, Chaswood Resourc­es is in the process of transforming from an F&B operator to a lithium-ion battery maker; OIO Holdings transitioned from an en­gineering firm called DLF Holdings to...

Catalist-listed Hatten Land has, on Nov 1, established a joint venture company (JVC) with HydraX to jointly develop and operate ‘first-of-its-kind’ cryptocurrency exchanges (crypto exchanges) in Singapore and Malaysia. The move is the latest initiative by Hatten Land to re-purpose its malls in...

MARJORY Loh, a former director of the listed Axington and sister of Terence Loh, has been made bankrupt on an application by DBS Bank on a debt of S$3.2 million she guaranteed.

MARJORY Loh, a former director of the listed Axington and sister of Terence Loh, has been made bankrupt on an application by DBS Bank on a debt of S$3.2 million she guaranteed.

AXINGTON announced on Wednesday that it has appointed managing director of corporate advisory firm AJCapital Advisory Luke Anthony Furler as an independent non-executive director of the company.

AXINGTON announced on Wednesday that it has appointed managing director of corporate advisory firm AJCapital Advisory Luke Anthony Furler as an independent non-executive director of the company.

CATALIST-listed Axington's request for an extension of deadline till March 31 next year to submit a trading-resumption proposal had been granted by the Singapore Exchange (SGX), it announced on Tuesday.

Many new companies are getting listed via an RTO deal instead of an IPO. What are its pros and cons of a backdoor listing? There appears to be a dearth of new listings on the Singapore Exchange (SGX). However, IPO numbers alone do not tell the whole story. A constant stream of new companies are tryi...