Adventus Holdings plans to raise net proceeds of nearly $3.1 million by placing out 501 million new shares at 0.63 cents each.The company wants to increase its working capital so that it can better support its existing projects in Vietnam.The placement price is a 10% discount off its volume weighted...

SINGAPORE (June 6): Adventus Holdings says it has terminated its agreement to sell its 45% joint venture (JV) to Tran Hoang Anh Tuan, a partner in the project who originally intended to pay US$1.1 million for the group’s owned interest in the JV’s special purpose vehicle, ADV S3. The transactio...

INVESTMENT holding company Adventus Holdings said on Tuesday night that it has disposed 45 per cent of its stake in subsidiary ADV S3 for US$1.1 million to one of the latter’s joint venture partners for a residential project in Vietnam.

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). ADV S3 is an investment holding company established for the development and sale of a residential project in Danang, Vietnam....